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trade with foreigners is detrimental for growth. We find that Taxes on international trade seems to drive this result …
Persistent link: https://www.econbiz.de/10014055545
trade with foreigners" is detrimental for growth. We find that "Taxes on international trade" seems to drive this result …
Persistent link: https://www.econbiz.de/10010321548
Integrated Trade Solution (WITS) Database. Using a qualitative analytical approach and the WITS model, the findings of the … exports, which will consequently affect economic growth and trade. Based on this findings, it is recommended that the volume …
Persistent link: https://www.econbiz.de/10014124600
This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class … effects of international trade, it finds a prominent interaction between trade policy and the pattern of economic development …, and also a significant role for trade liberalization in economic take-off. Consistent with historical evidence for Western …
Persistent link: https://www.econbiz.de/10003397477
According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade …. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not … employing treatment-and-control analysis. We find that a specific treatment, liberalizing tariffs on imported capital and …
Persistent link: https://www.econbiz.de/10011294505
The authors study how the effect of trade openness on economic growth depends on complementary reforms that help a … gains after trade liberalization depend on the degree of labor market flexibility. In that model, trade protection may … ameliorate the problem of underemployment (and underproduction) in sectors affected by labor market distortions. Hence, trade …
Persistent link: https://www.econbiz.de/10014061434
This study examines the impact of fiscal, monetary and trade policies on Nigerian economic growth from 1985 to 2020 … long-run result shows that fiscal policies stimulate economic growth, while on the contrary, trade policies deter Nigerian … impels growth of the economy while money supply deters growth of Nigeria's economy; lastly, the trade policies maintain her …
Persistent link: https://www.econbiz.de/10012668349
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 … flow of protectionism. This nonmonotonic evolution of trade policy is consistent with historical evidence for Western …
Persistent link: https://www.econbiz.de/10014053727
adjustments in industry location patterns. The locations of production and innovation are determined based on trade barriers and … industrial share of the country where the policy is implemented. In addition, examining the welfare effects of tariffs, we find … that policy trade-offs may generate positive optimal tariff rates. …
Persistent link: https://www.econbiz.de/10015066879
The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita … do not show any auto-correlation. The trade and foreign investment variables have a significant impact on the growth rate … of GDP per capita. Because FDI and trade are two important components of economic growth in Bangladesh, it is important …
Persistent link: https://www.econbiz.de/10011499650