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Economic interactions often take place in open communities, in which agents are free to leave a community to join a more preferred one. Tiebout (1956) conjectured that “voting with feet” might generate considerable efficiency gains since individuals with different preferences sort themselves...
Persistent link: https://www.econbiz.de/10013034669
At the Ministerial Conference in Doha, WTO member countries acknowledged the need to further correct the prevailing restrictions and distortions in agricultural world markets. The Ministerial Declaration of Doha reaffirms the commitment of creating a fair agricultural trading system that will...
Persistent link: https://www.econbiz.de/10010323635
We explore the impact of multilateral liberalization, with emphasison distributional effects across countries. We first develop a realistic base1ine that takes into account events such as the entry of China into the WTO and the enlargement of the EU, allowing us to focus on those effects that...
Persistent link: https://www.econbiz.de/10010324865
Because of concern that OECD tariff reductions will translate intoworsening export performance for the least developed countries, trade preferences haveproven a stumbling block to developing country support for multilateral liberalization.We examine the actual scope for preference erosion,...
Persistent link: https://www.econbiz.de/10010325569
Many developing countries possess comparative advantage both in natural resources and in labor-intensive industries, and experience both industrial pollution and natural resource degradation. We present a model that incorporates these stylized facts together with key spatial features and...
Persistent link: https://www.econbiz.de/10010332378
These days, plenty of cognoscenti in academia and politics share the common concern that the build-up of global macroeconomic imbalances threatens the international economy. While there is broad disagreement on the essence of what an imbalance exactly is, the term is generally associated with...
Persistent link: https://www.econbiz.de/10010334488
This paper analyzes the institutional arrangements governing the international transfer of input-embodied new technologies in agriculture. While developed countries characteristically allow "multiple channel" private and public technological transfer, developing countries often force technology...
Persistent link: https://www.econbiz.de/10011608413
We reconsider some analytical arguments on the double dividend, focusing on the small open developing economy case. Compared with the large, mature industrial economies usually considered, such economies differ in several respects, including the structure of tax revenues, commodity pricing and...
Persistent link: https://www.econbiz.de/10011608651