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Food prices in international markets spiked upward in 2008, doubling or more in a matter of months. Evidence is still being compiled on policy responses over the following two years, but lessons can be learned from the price spike in 1973, the magnitude and speed of which were similar to those...
Persistent link: https://www.econbiz.de/10011394697
For a representative sample of manufacturing firms in 26 countries, this paper shows that changes in the cost of importing over time are significantly and negatively correlated with changes in the percentage of firms' material inputs that are of foreign origin. Furthermore, the paper shows that...
Persistent link: https://www.econbiz.de/10011396286
While barriers to trade in most goods and some services including capital flows have been reduced considerably over the past two decades, many remain. Such policies harm most the economies imposing them, but the worst of the merchandise barriers (in agriculture and textiles) are particularly...
Persistent link: https://www.econbiz.de/10010521161
This paper finds that a 1 percent reduction in the cost of exporting or the cost of international transport is associated with an export diversification gain of 0.3 percent or 0.4 percent respectively. Lower domestic market entry costs can also promote diversification, but the elasticity is...
Persistent link: https://www.econbiz.de/10010521541
"The objective of this paper is to provide indicators of trade restrictiveness that include both measures of tariff and nontariff barriers for 91 developing and industrial countries. For each country, the authors estimate three trade restrictiveness indices. The first one summarizes the degree...
Persistent link: https://www.econbiz.de/10010522220
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The aim of this paper is that of going "back to basics", focusing on the importance of market access issues for developing countries in the WTO negotiations begun in Doha in 2001. Data on protection patterns in agriculture and manufacturing are analysed, with a special focus on the issues of...
Persistent link: https://www.econbiz.de/10011533005
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