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The case of reduction in ad valorem tariffs as a trade liberalization policy is considered in this article. It is shown that the reduction leads to a higher quality of imports, ceteris paribus. This hypothesis was tested on the case of Japanese beef imports from the United States and Australia....
Persistent link: https://www.econbiz.de/10005468737
This paper estimates the immediate impact of China's accession to WTO on water, air and soil pollution in the Chinese manufacturing sector. The pollution effects of WTO accession are decomposed into three categories: composition, technical and scale effects. The results suggest that the...
Persistent link: https://www.econbiz.de/10005469076
In recent years there has been a revival of interest in the trade-growth nexus. A number of authors have suggested that regional economic integration and liberalization of international trade are likely to have positive effects not only on productivity levels but also on long-term productivity...
Persistent link: https://www.econbiz.de/10005474719
Data on New Zealand manufacturing plants are used to examine the impact of trade liberalization on plant exit. Recent theories suggest that the prospect of a declining market might cause firms to adopt stategic behaviour that causes low cost plants to exit first. This hypothesis is generally...
Persistent link: https://www.econbiz.de/10005474824
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This paper has two purposes. It introduces a direct approach to policy analysis in endogenous growth models - the q-theory approach - and uses this to illustrate several new openness-and-growth links that appear when we enrich the economic content of the early trade and growth models. The...
Persistent link: https://www.econbiz.de/10005114480
Andrew Berg and Anne Krueger present a review of an abundant literature, showing that there is a link between trade liberalization and poverty reduction that works mainly through the growth-inducing effects of trade. The existence of this link, therefore, becomes an important argument for...
Persistent link: https://www.econbiz.de/10005119331
For the Philippines, quantitative policy analysis should incorporate regional differences in welfare and economic structure, which arise partly from geographic constraints. However, existing CGE models offer limited analysis of regional effects or national impacts of region-specific...
Persistent link: https://www.econbiz.de/10005432611