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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...
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This study aims to assess the protection for Vietnamese agriculture under trade liberalization based on the input-output approach. From a theoretical perspective, the authors develop a general framework to estimate the effective rate of protection using an input-output table, taking into account...
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The Transatlantic Trade and Investment Partnership (TTIP) generated an unprecedented contestation across Europe. In this paper, we focus on the sources of such backlash and analyze opinions on free trade and the specific agreement. Not accounting for the fact that these preferences are...
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This paper examines the interaction of globalization through trade liberalization and climate change, globally with a special focus on Morocco and Turkey. We use the GTAP model, which is a global general equilibrium model, to investigate trade liberalization welfare impacts under climate change,...
Persistent link: https://www.econbiz.de/10010381372