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Making Sense of the Soviet Trade Shock in Eastern Europe : a Framework and Some Estimates
Rodrik, Dani - 2021
Eastern European countries have experienced sharp declines in real GDP since 1990. One of the reasons for this decline is the Soviet trade shock, deriving from the collapse of the CMEA and of traditional export markets in the Soviet Union. This paper is an attempt to quantify the magnitude of...
Persistent link: https://www.econbiz.de/10013211658
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Policy Uncertainty, Trade and Welfare : Theory and Evidence for China and the U.S
Handley, Kyle - 2015
We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework with heterogeneous firms. We show that increased TPU reduces investment in export entry and technology upgrading, which in turn reduces trade flows and real income for consumers....
Persistent link: https://www.econbiz.de/10013035139
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Trade Wars and Trade Talks with Data
Ossa, Ralph - 2011
How large are optimal tariffs? What tariffs would prevail in a worldwide trade war? How costly would be a breakdown of international trade policy cooperation? And what is the scope for future multilateral trade negotiations? I address these and other questions using a unified framework which...
Persistent link: https://www.econbiz.de/10013121039
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Trade, Variety, and Immigration
Bo, Chen - 2012
What are the gains from international trade? And how do immigrants influence this process? While economists have considered these questions before, particularly in the context of aggregate trade flows, there has been no work assessing the relation between immigration and international trade in...
Persistent link: https://www.econbiz.de/10013108248
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China's Potential Future Growth and Gains from Trade Policy Bargaining : Some Numerical Simulation Results
Chunding, Li - 2012
Numerical simulation analysis of bargaining solutions is little developed in existing literature. Here we use a multi country, single period numerical general equilibrium model which captures China and her major trading partners and examine the outcomes of trade policy bargaining solutions...
Persistent link: https://www.econbiz.de/10013110936
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Trade Politics and the Semiconductor Industry
Irwin, Douglas A. - 2021
Department) brought about a 1986 trade agreement in which the United States forced Japan to end the 'dumping' of semiconductors … years. The antidumping provisions of the 1986 agreement, which later proved to be partly GATT-illegal, resulted in such … sectoral trade agreement by analyzing the political and economic forces leading up to the 1986 accord and shaping subsequent …
Persistent link: https://www.econbiz.de/10013310555
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Reciprocated Unilateralism in Trade Policy : An Interest-Group Approach
Krishna, Pravin; Mitra, Devashish - 2021
Using the menu-auction approach to endogenous determination of tariffs and allowing additionally for lobby formation itself to be endogenous, this paper analyzes the impact of unilateral trade liberalization by one country on its partner's trade policies. We find that such unilateral...
Persistent link: https://www.econbiz.de/10013231406
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Trade Wars and Trade Talks
Grossman, Gene M.; Helpman, Elhanan - 2021
Whether governments clash in trade disputes or negotiate over trade agreements, their actions in the international arena reflect political conditions back home. Previous studies of cooperative and noncooperative trade relations have focused on governments that are immune from political pressures...
Persistent link: https://www.econbiz.de/10013240527
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Bilateral Trade as a Development Instrument Under Global Trade Restrictions
Nashashibi, Karim A. - 2021
In their striving toward development, a number of less developed countries have espoused bilateral trade as yet another policy instrument allowing them to increase their acquisition of foreign resources. This has been particularly true of the trade of India, Pakistan, and Egypt, on which some...
Persistent link: https://www.econbiz.de/10013245548
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Reciprocated Unilateralism in Trade Reforms with Majority Voting
Krishna, Pravin; Mitra, Devashish - 2021
This paper shows how unilateral liberalization in one country can increase the voting support for reciprocal reduction in trade barriers in a partner country. When trade policies are determined simultaneously in the two countries, we show the possibility of multiple political equilibria -...
Persistent link: https://www.econbiz.de/10013249261