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liberalization could move the world some way toward those desirable outcomes, but more so the more developing countries themselves …
Persistent link: https://www.econbiz.de/10012748077
current system of commitments boosts trade by between 10 and 30 percent, compared with a world where at any moment tariffs …
Persistent link: https://www.econbiz.de/10012912125
This paper studies a simple, tractable model of labor adjustment in a trade model that allows researchers to analyze the economy's dynamic response to trade liberalization. Since it is a neoclassical market-clearing model, duality techniques can be employed to study the equilibrium and, despite...
Persistent link: https://www.econbiz.de/10012937684
This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for 54 developing countries. Tariff data on agricultural and manufacturing goods are combined with household survey data on detailed income and expenditure patterns to estimate the...
Persistent link: https://www.econbiz.de/10012871901
The use of computable general equilibrium (CGE) simulation models for policy analysis has become widespread. However, such techniques are not well suited to economywide analysis in developing countries. Instead, simulation models relying on "borrowed" parameter estimates have been used for a...
Persistent link: https://www.econbiz.de/10012972974
Peruvians a positive vision of Peru in the international economy and to extend the application of World Trade Organization …-based governance principles. Peru has introduced few new restrictions and all of them have been through World Trade Organization …-sanctioned policy instruments. Argentina, by contrast, has introduced multiple restrictions, through procedures that eschew World Trade …
Persistent link: https://www.econbiz.de/10012973985
World Trade Organization, the United Nations, and the World Bank ? including the Overall Trade Restrictiveness Indices, the …
Persistent link: https://www.econbiz.de/10012974431
. (2) Free world trade has similar, but larger, impacts. (3) Domestic trade liberalization induces an expansion of … liberalization effects far outweigh those of free world trade when these scenarios are combined. (5) Remittances constitute a …
Persistent link: https://www.econbiz.de/10012748005
There is a growing literature that investigates the effect of trade liberalization on productivity. Nearly all such studies assume that trade policy is determined independently of productivity, hence it is exogenous. The author shows that this assumption is not valid in general, both...
Persistent link: https://www.econbiz.de/10012748126
represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. It addresses the following five … setting trade policy? Finally, how liberalized is world trade? The analysis documents the extent of cross … concludes that substantial trade policy barriers remain as an important feature of the world economy …
Persistent link: https://www.econbiz.de/10012936297