Showing 1 - 10 of 2,458
This paper provides estimates of both national and global welfare costs of bilateral quotas on textiles and apparel using an applied general equilibrium model which covers bilateral quotas on exports of textiles and apparel negotiated between three major developed importing countries (the US,...
Persistent link: https://www.econbiz.de/10013245117
This paper analyzes China's experience under U.S. apparel and textile quotas. It makes use of a unique new database … (1974 to 1995) and subsequent Agreement on Textiles and Clothing (1995 to 2005). We find that China was relatively more … constrained under these regimes than other countries and that, as quotas were lifted, China's exports grew disproportionately …
Persistent link: https://www.econbiz.de/10012759894
Available estimates of tariff equivalents of quotas and welfare calculations on the costs of MFA quotas for developing countries are based on the premise of perfect competition in both product and license markets. It is also assumed that the exporting countries which administer the MFA quotas...
Persistent link: https://www.econbiz.de/10013219309
locally. When the MFA was removed, constrained countries such as China moved strongly into precisely the markets in which AGOA …
Persistent link: https://www.econbiz.de/10013132068
If trade barriers are managed by inefficient institutions, trade liberalization can lead to greater-than-expected gains. We examine Chinese textile and clothing exports before and after the elimination of externally imposed export quotas. We find that the surge in export value and decline in...
Persistent link: https://www.econbiz.de/10013119342
Government budget balance forces the endogenous use of distortionary tax instruments" when an exogenous reform is implemented. The aggregate efficiency of such reforms is based" on comparisons of simple summary measures of the Marginal Cost of Funds of the various tariff" or quota changes with...
Persistent link: https://www.econbiz.de/10013313650
In this paper we quantify the potential revenue available to the U.S. from auctioning import quotas, and the resulting drop in foreign producer surplus relative to free trade. Previous estimates of auction revenue are in the range of $3 7-5.15 billion for 1986 or 1987. Using simulation results...
Persistent link: https://www.econbiz.de/10013235296
In this paper I analyze the productivity gains from trade liberalization in the Belgian textile industry. So far, empirical research has established a strong relationship between opening up to trade and productivity, relying almost entirely on deflated sales to proxy for output in the production...
Persistent link: https://www.econbiz.de/10012776808
We estimate the effects of electricity shortages on Indian manufacturers, instrumenting with supply shifts from hydroelectric power availability. We estimate that India's average reported level of shortages reduces the average plant's revenues and producer surplus by five to ten percent, but...
Persistent link: https://www.econbiz.de/10013056860
subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share …
Persistent link: https://www.econbiz.de/10013248423