Showing 1 - 10 of 807
With international trade moving from "trade in (final) goods" to "trade in tasks", effective protection rates (EPRs) are back to the stage. Input-output matrices are used in this paper to monitor the production structure of 10 Asian-Pacific countries between 1995 and 2005, and to calculate...
Persistent link: https://www.econbiz.de/10014165758
This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market between one domestic and one foreign firm as a pricing game under incomplete information about production costs. The cost distributions are asymmetric because the foreign firm...
Persistent link: https://www.econbiz.de/10009762345
While quotas can be expressed in tariff-equivalent terms and have identical economic effects under some conditions, they do not share the same welfare implications with tariffs in the presence of a piecemeal reform (second-best). In this paper we show that this non-welfare equivalence persists...
Persistent link: https://www.econbiz.de/10013077881
This paper investigates the policy active importers' incentives and welfare implications of using production and trade polices in a dynamic framework where production decisions occur before consumption decisions. We show that the equilibrium for production taxes and quotas are not equivalent,...
Persistent link: https://www.econbiz.de/10014060548
In this paper the welfare effects of tariffs and import quotas in the presence of involuntary unemployment are derived and compared. The framework used is the standard model of a competitive small open economy with many goods and factors. Optimum levels of the respective trade policy instruments...
Persistent link: https://www.econbiz.de/10014067339
Persistent link: https://www.econbiz.de/10001100174
Persistent link: https://www.econbiz.de/10001364373
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...
Persistent link: https://www.econbiz.de/10010294730
The objective of the paper is to explore and give an overview of two central policy alternatives to improve the integration between the European Union and developing countries by removing barriers to trade: trade preferences and trade facilitation. After reviewing the relevant literatures and...
Persistent link: https://www.econbiz.de/10010305855