Showing 1 - 6 of 6
Do countries with lower policy-induced barriers to international trade grow faster, once other relevant country characteristics are controlled for? There exists a large empirical literature providing an affirmative answer to this question. We argue that methodological problems with the empirical...
Persistent link: https://www.econbiz.de/10013229058
differ across countries and issue areas. Case studies of export subsidization in Korea, Brazil, Turkey, India, Kenya, and …
Persistent link: https://www.econbiz.de/10013222055
Despite the well-known gains from trade, trade liberalization is politically one of the most contentious actions that a government can take. We propose and formalize a new argument, having to do with uncertainty, which is complementary to the usual explanations for why that is the case; many...
Persistent link: https://www.econbiz.de/10013224337
The export booms in South Korea and Taiwan starting in the early 1960s are anomalous when compared with later export … in investment. This paper offers an argument and a formal model to suggest that exports in East Asia may have been driven … exports and imports. Moreover, this could happen with a relatively small change in the relative price of exportables …
Persistent link: https://www.econbiz.de/10013217208
This paper reviews recent theory and evidence on trade and industrial policy reform in developing countries. First, the theoretical and empirical basis of the rationales for policy reform are discussed. Next, two sources of heterodoxy are identified and evaluated: (a) the East Asian experience...
Persistent link: https://www.econbiz.de/10013217938
restrictions have been an important obstacle to exports in the past, and their reduction can be expected to result in significantly … case in which exports are not responsive to prices or to the traditional instruments of commercial policy. At the same time …
Persistent link: https://www.econbiz.de/10013224680