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We show that the standard concertina result for tariff reforms – i.e. lowering the highest tariff increases welfare … tariff is lowered is not capital intensive. If the concertina reform lowers welfare it lowers market access as well, thereby …
Persistent link: https://www.econbiz.de/10012142323
increase in welfare and government revenues. The present paper examines whether the country that implements such a reform ends … follow both as far as it concerns market access and welfare. …
Persistent link: https://www.econbiz.de/10012142324
. Wages, employment and welfare increase as a result of further product market integration. It is interesting to note that the …
Persistent link: https://www.econbiz.de/10012142284
tax revenue (welfare) effects of a minimum tax requirement depend crucially on the character of the initial noncooperative …
Persistent link: https://www.econbiz.de/10012142240
This paper examines the welfare implications of non-discriminatory tariff reforms by a subset of countries, which we … income transfers between the member countries, that unambiguously increase the welfare of these countries while leaving the … welfare of non-members unaltered. In terms of economic policy implications, our results show that there exist regional, MFN …
Persistent link: https://www.econbiz.de/10012142282
effects on welfare, whereas integration of countries with a more similar economic structure and size tends to have beneficial …
Persistent link: https://www.econbiz.de/10012142298
A key characteristic of any trade bloc is its “flexibility” – the extent to which it can be modified or augmented by existing members. This paper investigates how prospective trade bloc members value the flexibility of proposed trade agreements in a changing trading environment. We...
Persistent link: https://www.econbiz.de/10012142363
Economic integration in South Asia is governed by India's relations with the other economies of the region and it is also at the helm of all trade facilitation and transit issues of the region. Concessions given by India under SAFTA for LDCs have greatly benefitted Bangladesh and concessions to...
Persistent link: https://www.econbiz.de/10009685731
Gino Gancia, Giacomo Ponzetto and Jaume Ventura have written an extremely interesting paper on a topic that is very timely for the global economy. In this article, I will first argue that GPV have succeeded in formalizing their hypothesis, and that while providing very suggestive analytical...
Persistent link: https://www.econbiz.de/10012138999
As India seeks to strengthen trade, investment and other forms of economic cooperation with ASEAN, Myanmar is an essential strategic partner, since it is the only ASEAN nation with which India shares both land and maritime borders. As a "gateway" to South East Asia, Myanmar is also vital in...
Persistent link: https://www.econbiz.de/10012018905