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In the Doha Round, negotiators are discussing the elimination or continuation of the special agricultural safeguards introduced by the Uruguay Round as well as the creation of special safeguard mechanism for use by developing countries. This paper argues that, in violation of the spirit of the...
Persistent link: https://www.econbiz.de/10014400731
Three years have passed since the Bank of Japan’s asset purchase program was introduced in 2011, causing a sharp … decline in the value of the Japanese Yen. What would be the implications for Japan and Korea’s exporters if the weak Yen is … shocks. We find that if the weak Yen persists, it would strengthen Japan’s price competitiveness over time as export prices …
Persistent link: https://www.econbiz.de/10011447113
The paper summarizes how Japan’s foreign exchange and trade control system operated in the early 1950s, how and how …
Persistent link: https://www.econbiz.de/10014403296
Persistent link: https://www.econbiz.de/10009756813
This paper analyzes the appropriate choice of an exchange rate regime in agricultural commodity-exporting economies. In an open economy model that incorporates key structural characteristics of agricultural commodity exporters including dual labor markets, the benefits of exchange rate...
Persistent link: https://www.econbiz.de/10011705046
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/10014401036
This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger...
Persistent link: https://www.econbiz.de/10014399986
This paper reviews Nigeria’s non-oil export performance during the period 1970-90, analyzes the factors underlying the dismal performance, and estimates the supply-price elasticity of the exports for both the short and long run. A distinguishing feature of the analysis is the incorporation of...
Persistent link: https://www.econbiz.de/10014396366
The study reveals agricultural import restrictions are widely applied in Asia, but that Japan and Korea impose lower …
Persistent link: https://www.econbiz.de/10014396383
This paper examines the effect of international trade on corporate market power in emerging market economies and developing countries, with a special focus on sub-Saharan Africa. The analysis is based on a large firm-level dataset, tariff data by sector and agreggate indicators of international...
Persistent link: https://www.econbiz.de/10012299347