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welfare changes due to WTO accession increases more than three times when China's pre-intervention tariffs are raised from …. In China, duty exemptions have been central to the process of trade reform and have led to a tremendous increase in … duty exemptions in the case of China's recent WTO accession will overstate the increase in China's trade flows by 40 …
Persistent link: https://www.econbiz.de/10012749489
Persistent link: https://www.econbiz.de/10009667311
We show that multilateral tariff binding liberalization substantially impacts the nature and extent of Preferential Trade Agreement (PTA) formation. First, it shapes the nature of forces constraining expansion of Free Trade Agreements (FTAs). The constraining force is a free riding incentive of...
Persistent link: https://www.econbiz.de/10012029164
The present study develops an equilibrium displacement model (EDM) to evaluate the impacts of a free trade agreement (FTA) on the profits of individual farmers. The parameters representing the share of profit within revenue and the elasticity of cost with respect to quantity in the cost function...
Persistent link: https://www.econbiz.de/10011433753
in a given sector is affected by past reductions in applied tariffs. Employing an identification strategy based on 'new … measures', we find evidence of a substitution of non-tariff measures for tariffs both in the sample of TBT and in the sample of …. These results are consistent with our theoretical model, which predicts policy substitution between tariffs and standards in …
Persistent link: https://www.econbiz.de/10010419803
The global economic crisis has affected the East Asian economies via trade and investment. The export-led model which had been responsible for the "East Asian Miracle " now must redirect the basis of growth from exports sent to the US and Europe to regional and domestic demand. Regional trade...
Persistent link: https://www.econbiz.de/10003983207
In this paper the authors develop an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or multilateral trade policy commitments. They find that a...
Persistent link: https://www.econbiz.de/10009406930
In this paper the authors develop an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or multilateral trade policy commitments. The authors find...
Persistent link: https://www.econbiz.de/10009269291
In this paper the authors develop an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or multilateral trade policy commitments. The authors find...
Persistent link: https://www.econbiz.de/10013117411
effects from joining GATT/WTO can still gain in terms of welfare, due to lower import prices and higher export demand. …
Persistent link: https://www.econbiz.de/10013162399