This paper finds that the current GATT (General Agreement on Tariffs and Trade) consistent antidumping laws have a strong protectionist drift and a procartel bias. They endanger the very edifice of the international trade system based on GATT rules. LDCs (Less Developed Countries) and NICs...

Drawing on evidence about industrial organization and market structure, the authors develop a computable general equilibrium model in selected industrial sectors with increasing returns to scale. They use this model to estimate the welfare gains Korea would realize from abolishing the import...

To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. The authors modify Kohli's (1991) GDP function approach to estimate demand elasticities for 4,625 imported...

Antidumping actions by importing countries do not protect their consumers. What protects domestic consumers is competition. It is Korean consumers who are paying for the development of the Korean electronics industry, not consumers in the countries that import Korean goods. A key element of...

The authors examine the determinants of entry by foreign firms using information on 515 Chinese industries at the provincial level during 1998-2001. The analysis, rooted in the new economic geography, focuses on market and supplier access within and outside the province of entry, as well as...

Agricultural markets in Mexico, as elsewhere, are distorted by domestic subsidies as well as international trade policies. To measure domestic distortions in agriculture and compare them internationally, analysts have used"producer subsidy equivalent"(a production-share weighted average of...

This paper analyzes changes in firm behaviour and productivity during trade liberalization in the Code d'Ivoire. For a panel of 287 firms, market power was estimated before and after a trade reform implemented in 1985. The results suggest that price-cost margins fell in a number of sectors...

In this report the authors have analyzed pricing of the centrally planned economies (CPEs) in the highly competitive export markets of the EC countries in the first half of the 1980s. They found that the CPEs'export prices were lower than prices in both developed and developing countries....

When the outbreak of the debt crisis in 1982 halted private international capital flows to most developing countries, it was not easy for Ecuador to cope with the changed international circumstances. Investments were largely in imported machinery as domestic capital goods production was in its...

Economists have long recognized that richer countries trade more among themselves than with poorer economies due to a closer match of exporter supply structures and importer preferences. In the literature, the closeness of supply and demand has traditionally been determined by the quality of...