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This paper studies the macroeconomic impact of higher tariffs using a two-country DSGE model with endogenous trade and heterogeneous firms. The analysis consists of two scenarios. First, we assume that one country increases tariffs while the other does not. Second, both countries raise tariffs....
Persistent link: https://www.econbiz.de/10012796830
The WTO Agreement on Agriculture applies to those "agricultural products" as defined in its Annex 1. This definition expressly excludes "fish and fish products" from the scope of application of the Agreement. In light of this exclusion, the paper is intended to provide a historical account of...
Persistent link: https://www.econbiz.de/10012512629
the effects of such efforts on the productivity of firms in relation to trade reforms in the context of the private sector …. This paper contributes to the trade literature by examining how tariffs affect the productivity of manufacturing firms in … Ghana's private sector using firm-level data from 1991 to 2001. In the first step, productivity is estimated via the …
Persistent link: https://www.econbiz.de/10012838174
In this paper we show that the relationship between trade liberalization and fi rm productivity is sensitive to the … method used to estimate the production function. We estimate the productivity of Colombian manufacturing plants using the … come to surprisingly different conclusions about firm productivity growth after the liberalization. Results from a growth …
Persistent link: https://www.econbiz.de/10012935684
paper finds that significant productivity improvements have taken place in the period since 2000. The paper further explores … the important determinants of productivity improvements across a range of different categories. As per the findings of the … paper, some of the important determinants of productivity measured by total factor productivity (TFP) include imports of raw …
Persistent link: https://www.econbiz.de/10013054644
products when competition intensifies in their export destinations and that these dynamics lead to productivity gains at the …
Persistent link: https://www.econbiz.de/10012304419
In the growth literature that investigates the effect of trade liberalization on productivity, nearly all studies … assume that trade policy is determined independently of productivity, hence it is exogenous. I show, both theoretically and … and the sectors with higher productivity gains are liberalized less even in the presence of a large unilateral …
Persistent link: https://www.econbiz.de/10014216126
Persistent link: https://www.econbiz.de/10011737009
We study the impact of the Indian trade liberalization of 1991 on development at the district level using satellite nighttime lights per capita as a proxy for development. We find that on average trade liberalization increased nighttime lights per capita but there was considerable heterogeneity...
Persistent link: https://www.econbiz.de/10013555727
On May 5, 2020, the U.S. Trade Representative announced plans to negotiate a free trade agreement with the United Kingdom. We use GTAP to model the economic impacts of this free trade agreement, exclusively focusing on the bilateral tariff elimination. We find that a standard GTAP model leads to...
Persistent link: https://www.econbiz.de/10013215978