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A Possible Approach to Fiscal Rules in Small Islands - Incorporating Natural Disasters and Climate Change

Nakatani, Ryota - 2019

A big challenge for the economic development of small island countries is dealing with external shocks. The Pacific Islands are vulnerable to natural disasters, climate change, commodity price changes, and uncertain donor grants. The question that arises is how should small developing countries...

Persistent link: https://www.econbiz.de/10012860997

Assessing Protectionism and Subsidies in Agriculture : A Gravity Approach

Paiva, Claudio - 2014

This paper provides the first comprehensive empirical analysis of agricultural trade using a gravity model. The data set covers bilateral trade in agricultural goods for 152 countries over the periods 1990-93 and 1999-2002. The estimations support claims that protectionism and distortive...

Persistent link: https://www.econbiz.de/10012752468

China : International Trade and WTO Accession

Rumbaugh, Thomas - 2006

China's increasing integration with the global economy has contributed to sustained growth in international trade. Its exports have become more diversified, and greater penetration of industrial country markets has been accompanied by a surge in China's imports from all regions--especially Asia,...

Persistent link: https://www.econbiz.de/10012783222

Value of WTO Trade Agreements in a New Keynesian Model

Ganelli, Giovanni - 2015

We revisit the question of the quantitative benefits of WTO trade agreements in a setup that is non-standard from the traditional trade policy point of view. We show that in a New Keynesian model, unilateral trade liberalization reduces welfare due to terms-of-trade deterioration, creating an...

Persistent link: https://www.econbiz.de/10013025504

Regional Trade Integration and WTO Accession : Which is the Right Sequencing? An Application to the CIS

Tumbarello, Patrizia - 2021

This paper analyzes the appropriate sequencing between accession to the World Trade Organization (WTO) and the …

Persistent link: https://www.econbiz.de/10013212325

Domestic Petroleum Product Prices and Subsidies : Recent Developments and Reform Strategies

Coady, David P. - 2007

The paper reviews recent developments in the pass-through of international to domestic petroleum product prices, in the different fuel pricing regimes, and in fuel subsidies in a range of emerging market and developing economies. The main finding of the paper is the limited price pass-through in...

Persistent link: https://www.econbiz.de/10012777198

How Large are Global Energy Subsidies?

Coady, David P. - 2015

countries' own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial …

Persistent link: https://www.econbiz.de/10013021777

Energy Subsidies and Energy Consumption — A Cross-Country Analysis

Charap, Joshua - 2014

consumption to changes in energy prices and the implications of our findings for the debate on energy subsidy reform. Our findings … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy … reform are likely to be much smaller, which suggests the need for either a gradual approach to subsidy reform or for more …

Persistent link: https://www.econbiz.de/10013063763

Still Not Getting Energy Prices Right : A Global and Country Update of Fossil Fuel Subsidies

Vernon, Nate; Parry, Ian; Black, Simon - 2022

percent of the 2020 subsidy reflects undercharging for supply costs (explicit subsidies) and 92 percent for undercharging for …

Persistent link: https://www.econbiz.de/10013306748

Does a Regional Trade Agreement Lessen or Exacerbate Growth Volatility? An Empirical Investigation

Kpodar, Kangni - 2015

This paper assesses how regional trade agreements (RTAs) impact growth volatility on a worldwide sample of 170 countries with data spanning the period 1978-2012.Notwithstanding concerns that trade openness through RTAs can heighten exposure to shocks, in particular when it leads to increased...

Persistent link: https://www.econbiz.de/10013015607

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