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The majority of African countries implemented import liberalisation in the 1990s. This paper explores factors that may explain the pattern of protection and of tariff reform. We consider political economy explanations, motivated specifically by the Grossman and Helpman (1994) model of protection...
Persistent link: https://www.econbiz.de/10005607583
Summary This paper explores tariff reform in Ethiopia, Kenya, Tanzania and Uganda between the early 1990s and early 2000s. Tariffs were reformed in an across the board manner consistent with implementing World Bank programs: the average tariff was reduced and the dispersion of tariffs was...
Persistent link: https://www.econbiz.de/10008865542
The East African Community (EAC), comprising Kenya, Tanzania and Uganda, came into force on 7 July 2000 with a Common External Tariff (CET) established in January 2005. This Trade Policy Review (TPR) of the EAC is timely as all three countries had implemented significant trade liberalisation...
Persistent link: https://www.econbiz.de/10005334090
In the 1980’s and 1990’s many African countries liberalised their trade policy, although since the mid 1990s there are countries that did not alter tariffs. This allows us to analyse the effects of trade liberalisation on the change in imports using Difference-in-Differences techniques that...
Persistent link: https://www.econbiz.de/10005607594
Persistent link: https://www.econbiz.de/10005686462
What are the forces behind the increasing globalization of economic life? How does globalization affect the functioning of national economies? What difficulties confront government policymakers in dealing with the global economy? These issues are addressed in this volume by leading specialists....
Persistent link: https://www.econbiz.de/10011146546
The purpose of this paper is to examine the determinants of a firm's strategy to invest in a conflict location. To the best of our knowledge, this has not been done before. We examine this using a standard model of international business, overlaid with the fundamental approach to corporate...
Persistent link: https://www.econbiz.de/10010869573
The allocation of resources to health and social care agencies for services for people with learning disabilities has long been a source of debate and disagreement, centring around the failure of the balance of financing to reflect the increasing consensus that the overwhelming need of people...
Persistent link: https://www.econbiz.de/10005811672
By recognising the cash flow characteristics of personal taxes on dividends Auerbach, Bradford and King find they reduce the current value of a firm’s equity without affecting the marginal cost of capital funded from retained earnings. This paper draws on work by Boadway and Bruce to show why...
Persistent link: https://www.econbiz.de/10008509778
There is considerable variability in numerical estimates of the marginal social cost of public funds (MCF) due to differences in demand-supply elasticities, differences in the welfare measures of changes in the excess burden of taxation, and differences in the conceptual measure of the MCF used....
Persistent link: https://www.econbiz.de/10008509779