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protectionism and promoting global trade and investment. Since then, 22 G20 reports and 24 WTO-wide reports have been published. The …
Persistent link: https://www.econbiz.de/10012175231
The United States introduced Federal Trade Adjustment Assistance (TAA) as part of the 1962 Trade Expansion Act to dampen the adverse impact of increased trade on workers. Applications to receive TAA require approval from the Department of Labor. Guided by the technical criteria used by the U.S....
Persistent link: https://www.econbiz.de/10011414675
This paper develops a method to measure difficulties in market access over a large set of countries (both developing and developed) and industries, during the period 1980-2006. We use a micro-founded heterogeneous-consumers model to estimate the impact of national borders on global and regional...
Persistent link: https://www.econbiz.de/10013112665
We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and the "hard" effects of protection with the empirical structural gravity model. Specifically, we argue that the difference between the estimates of border indicator variables for...
Persistent link: https://www.econbiz.de/10012599928
More than 170 years ago, Frédéric Bastiat noted in his masterly work Economic Sophisms that the “opposition to free trade rests upon errors, or, if you prefer, upon half-truths.”1 Ever since Adam Smith successfully replaced mercantilist orthodoxy with free trade doctrine in his celebrated...
Persistent link: https://www.econbiz.de/10012846238
Sub-Saharan Africa's declining importance in global trade is primarily due to its inability to remain competitive in international markets. If Africa merely retained its 1962-1964 shares for major products its exports would now be 75% ($11 billion) higher. External protection against Africa has...
Persistent link: https://www.econbiz.de/10014216243
The dismantling of the Multi-Fibre Arrangement by 2005 and China's forthcoming membership of the WTO, as the world's largest exporter of clothing, will alter profoundly international competition in textiles and clothing. A simulation of these two components of trade liberalization makes it...
Persistent link: https://www.econbiz.de/10014049448
Persistent link: https://www.econbiz.de/10001509040
Persistent link: https://www.econbiz.de/10001536408
This paper the presents pattern and determinants of intra-industry trade (IIT) in Australian manufacturing since the late 1970s. The results point to a sharp rise in IIT from the mid 1980s which appears to be linked with an outward-oriented policy. Industry level analysis indicates that...
Persistent link: https://www.econbiz.de/10011609146