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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/10012471715
world agricultural prices. Reduced agricultural price distortions among major supplying nations are predicted to increase … food prices paid by food importers must be bad for them, while reducing world coffee and cotton prices appears bad for …
Persistent link: https://www.econbiz.de/10012472901
This paper reviews the recent problems of the opening of Japan's rice market and evaluates the Japanese government … of Japan's rice market during the negotiations on agricultural trade at the GATT Uruguay Round. Eventually Japan's rice …
Persistent link: https://www.econbiz.de/10012473528
negative answer. Bilateral negotiations for market opening with the threat of unilateral trade sanctions (such as Section 301 … which the U.S. has a comparative advantage in Taiwan's market and the sectors in which U.S. domestic industries exhibit …
Persistent link: https://www.econbiz.de/10012473546
Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak Republics) contain significantly fewer concessions by the large countries to smaller countries than vice versa. Yet, it is small countries that have sought them and see...
Persistent link: https://www.econbiz.de/10012474308
This paper calculates international income transfers which implement a Pareto optimal trade equilibrium in a world …
Persistent link: https://www.econbiz.de/10012474616
Host country policies toward inward direct investment can have predictable effects on trade flows. Trade related investment measures' (TRIMs) such as local-content requirements and minimum-export requirements have recently come under official scrutiny in the General Agreement on Tariffs and...
Persistent link: https://www.econbiz.de/10012475339
The decade from 1985 to 1995 was an unprecedented period of declining barriers to global trade. The reform wave was especially pronounced in developing countries where overvalued currencies were eliminated, quantitative import restrictions dismantled, and import tariffs reduced. What accounts...
Persistent link: https://www.econbiz.de/10013191068
forever. And that may well be happening in the market for high-end Bordeaux wines …
Persistent link: https://www.econbiz.de/10012465330
This paper investigates changes in cultural consumption patterns for a low concentration industry: wine and beer. Using … data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and consumption patterns -- although the relative consumption of wine can be explained well in 1963 by grape production …
Persistent link: https://www.econbiz.de/10012467457