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Persistent link: https://www.econbiz.de/10003970478
This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class conflicts, and output growth performance over the last few centuries. By analyzing political responses to the distributional effects of international trade, it finds a prominent...
Persistent link: https://www.econbiz.de/10003397477
This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class conflicts, and output growth performance. By analyzing political responses to the distributional effects of international trade, it finds that economies with a comparative advantage in...
Persistent link: https://www.econbiz.de/10014053727
This paper assesses the effects of trade and technological change on Mexico's labor market between 1994 and 2019. The implications of the exposure of local labor markets to greater trade integration under NAFTA and to greater competition from China in the US market are analyzed, as are the...
Persistent link: https://www.econbiz.de/10012796824
According to trade theory trade policy can impact quite differently (positively, negatively, nil) on economic growth depending on the model assumptions such as perfect or imperfect competition due to the existence of economies to scale or externalities. This result is replicated when the impact...
Persistent link: https://www.econbiz.de/10012770711
Literature acknowledges various reasons for the natural resources curse, i.e., the tendency of countries that are abundant in natural resources to be relatively poor. However, all these reasons relate to the wealth effect created by natural resources, i.e., the increase in the income of a...
Persistent link: https://www.econbiz.de/10014200083
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/10003728341
This paper discusses opportunities for trade policy research to contribute more to efforts to integrate African markets, a stated policy priority for African leaders. Much of the economic research in this area has sought to quantify aggregate trade costs and the potential welfare impacts of...
Persistent link: https://www.econbiz.de/10012948360
Economic and financial crisis in Benin since 1980s led the government to embark on a process of economic reforms in 1991. These reforms sought to remedy the fiscal and trade imbalances in order to accelerate economic growth. Trade policy reform was given priority. Import bans and quotas were...
Persistent link: https://www.econbiz.de/10014212621
The current WTO negotiations have a strong focus on development, but a number of developing countries are uncertain as to how to approach these negotiations. Trade liberalization tends to boost economic growth and contribute to the reduction of poverty in the longer term, but it may also impose...
Persistent link: https://www.econbiz.de/10014214117