Data for recent years indicate an acceleration of Chinese industrial growth, from the annual rates of about 10 percent recorded in the quarter century before economic reform to figures approaching 15 percent in the mid- and late 1980s. Evaluating the statistics underlying these reports requires...

As countries have deregulated prices and lowered entry barriers in the natural gas industry, many new participants have emerged, promoting competition in the newly created markets. The increased competition has benefited everyone through more efficient pricing and greater choice among natural...

The Mexican sugar industry operates under strict government controls. The sugar parastatal, AZUCAR, and other state agencies govern virturally all aspects of pricing and, until recently, AZUCAR controlled virtually all aspects of marketing. The purpose of this study is to make transparent the...

The Agreement on Textiles and Clothing will abolish all quota restrictions in trade in textiles and clothing by the year 2005. Dismantling the quota regime represents both an opportunity (for developing countries to expand exports) and a threat (because quotas will no longer guarantee markets...

Most literature suggests that voluntary export restraints (VER) are not very harmful for the exporting country. This paper argues that this view is misconceived. Most work has focused on the welfare loss to the importing country arising from a loss of income transfer combined with a...

To address questions about how stronger patent rights will affect India's pharmaceutical industry, the author simulates the effects of introducing such protection - as required by the World trade Organization Agreement on Trade-Related Intellectual Property Rights (TRIPs) - on market structure...

Domestic content requirements are regulations that mandate minimum percentages of domestic value-added, or domestic components for products sold within the country, or provide strong incentives to substitute domestic for imported inputs. The author developed a model to investigate the...

Using extensive time series information on unit values for homogenous goods, this paper first examines the distribution of import prices paid by developing countries whose trade is highly concentrated with a major exporting country (France), and compares these prices with those paid to France by...

Brazil dominates the international market for frozen concentrated orange juice. By the mid 1980s, Brazil accounted for about 80 percent of world exports of the product. Brazilian producers supplied more than 94 percent of U.S. imports of the product in the 1980s and accounted for 50 percent of...

For almost 20 years, the Ministry of Environment of the Republic of Korea has published on a monthly basis a list of enterprises that fail to comply with national environmental laws and regulations. In this paper, the authors examine the reaction of investors to the publication of these lists...