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Governments in more developed economies partially compensate import-competing industries when world prices fall, i.e. they lean against the wind. In less developed economies we often observe liberalization in response to the same shock. We use a political-support maximization model with revenue...
Persistent link: https://www.econbiz.de/10011577171
perspective, general market access commitments with respect to services trade and commitments regarding government procurement of … Agreement on Trade in Services (GATS), it derives insights from a large number of Regional Trade Agreements (RTAs) that embody … substantive provisions on both government procurement and services trade. An important finding is that, from an economic …
Persistent link: https://www.econbiz.de/10010430680
Economic planning is a term used to describe the long term plans of an incumbent government to manage the economy. Planning is defined as conceiving, initiating, regulating and controlling economic activity by the state according to set priorities with a view to achieving well-defined objectives...
Persistent link: https://www.econbiz.de/10013044039
developing countries into the world trading system. We examine the theoretical rationale for SDT when trade liberalization in … reciprocity, can help developing countries to reduce trade barriers and improve their trading prospects …
Persistent link: https://www.econbiz.de/10014145396
This study explores the influence of trade policy uncertainty on medical innovation investment in developing nations … from 1980 to 2020, with a focus on the period of COVID-19. We used exogenous and heterogeneous exposure to trade …-policy-uncertainty resolutions from developing countries' trade policy adjustments, which reduced tariff hikes on imported goods in a double …
Persistent link: https://www.econbiz.de/10013493154
In response to the widespread use of food safety standards as a tool for restricting international trade, this study … of MRLs implementation. The estimation includes both the seven-countries and the single-country models. As for the former … a clearer picture of the reasons for its enforcement of MRLs; one is with trade restriction motive, while the others are …
Persistent link: https://www.econbiz.de/10012023303
counter-cyclical, hidden protectionism due to non-tariff barriers to trade in the United States. …Can the enforcement of product standards be protectionism in disguise? This paper estimates the costs of non … decrease exports to the United States. This trade reducing effect is driven by developing countries and by refusals without any …
Persistent link: https://www.econbiz.de/10011489948
does not prove) the existence of counter-cyclical, hidden protectionism due to non-tariff barriers to trade in the United …Are product standards protectionism in disguise? This paper estimates the costs of non-compliance with US product … exports to the United States. This trade reducing effect is driven by developing countries and by refusals without any product …
Persistent link: https://www.econbiz.de/10010467851
does not prove) the existence of counter-cyclical, hidden protectionism due to non-tariff barriers to trade in the United …Are product standards protectionism in disguise? This paper estimates the costs of non- compliance with U.S. product … exports to the United States. This trade reducing effect is driven by developing countries and by refusals without any product …
Persistent link: https://www.econbiz.de/10010459208
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 book The Wealth of Nations, free trade critics have repeatedly challenged … the doctrine, offering half-truths to bolster their case. In each instance, free trade advocates have successfully exposed …
Persistent link: https://www.econbiz.de/10012846238