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The Uruguay Round and Welfare in Some Distorted Agricultural Economies
Anderson, James E. - 2021
There is widespread concern that the Uruguay Round may reduce the welfare of developing countries through its effect on world agricultural prices. Reduced agricultural price distortions among major supplying nations are predicted to increase basic food prices and decrease some important export...
Persistent link: https://www.econbiz.de/10013242905
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Agricultural Trade Reform and Rural Prosperity : Lessons from China
Huang, Jikun - 2015
Tariffs on agricultural products fell sharply in China both prior to, and as a consequence of, China's accession to the WTO. The paper examines the nature of agricultural trade reform in China since 1981, and finds that protection was quite strongly negative for most commodities, and...
Persistent link: https://www.econbiz.de/10012750221
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Multi-Product Firms and Product Turnover in the Developing World : Evidence from India
Goldberg, Pinelopi - 2015
Recent theoretical work predicts that an important margin of adjustment to deregulation or trade reforms is the …
Persistent link: https://www.econbiz.de/10012750189
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Open Borders
Kennan, John - 2012
There is a large body of evidence indicating that cross-country differences in income levels are associated with differences in productivity. If workers are much more productive in one country than in another, restrictions on immigration lead to large efficiency losses. The paper quantifies...
Persistent link: https://www.econbiz.de/10013101820
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Competitive Liberalization and a Us-Sacu FTA
Whalley, John; Leith, J. Clark - 2022
This paper evaluates a possible US-SACU (Southern African Customs Union) free trade agreement as part of a US approach to new preferential trade agreements characterized by the term competitive liberalization.' This is the idea that competition among large countries (US/EU) to negotiate...
Persistent link: https://www.econbiz.de/10013324133
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Unilateral Tariff Liberalisation
Baldwin, Richard - 2010
Unilateral tariff liberalisation by developing nations is pervasive but our understanding of it is shallow. This paper strives to partly redress this lacuna on the theory side by introducing three novel political economy mechanisms with particular emphasis is on the role of production...
Persistent link: https://www.econbiz.de/10013135235
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Trade Versus Investment Liberalization
Markusen, James R. - 2021
Despite several theoretical contributions and considerable informal empirical evidence" to the contrary, a notion that trade and investment are substitutes persists in trade policy" analysis. This paper considers the liberalization of commodity trade versus liberalization" allowing direct...
Persistent link: https://www.econbiz.de/10013219978
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Japan's Big Bang and the Transformation of Financial Markets
Ito, Takatoshi - 2010
A first step in the 'big bang' markets was the deregulation of the foreign exchange market on April 1, 1998. This paper … the deregulation. Intra-day data are analyzed with the following results: (1) Holding constant the effects of volume and … volatility, the deregulation was associated with a convergence of Japanese quoted spreads toward those of other banks. (2 …
Persistent link: https://www.econbiz.de/10012763769
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Implementing Market Access
Krishna, Kala; Roy, Suddhasatwa; Thursby, Marie C. - 2022
The outcome of trade policies to increase access for foreign firms to the home country's market is shown to be sensitive to the implementation procedure used. The importance of the timing of moves between government and firms is highlighted by focusing on taxes and subsidies to implement minimum...
Persistent link: https://www.econbiz.de/10013324138
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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 … 'affirmative action' for the industry in its efforts to sell more in Japan, but has been criticized as constituting 'export …
Persistent link: https://www.econbiz.de/10013310555