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Many developing country governments discriminate against sectors that export primary commodities. India, for example, discriminates against cotton production. Exports of cotton have been restricted by quotas, and the mill industry has been subject to such regulations as the obligation to supply...
Persistent link: https://www.econbiz.de/10005133590
The value of world cotton production in 2000-01 has been estimated at about $20 billion, down from $35 billion in 1996-97 when cotton prices were 50 percent higher. Although cotton's share in world merchandise trade is insignificant (about 0.12 percent), it is very important to a number of...
Persistent link: https://www.econbiz.de/10005141846
The authors provide estimates of the economic impact of initial adoption of genetically modified (GM) cotton and of its potential impacts beyond the few countries where it is currently common. They use the latest version of the Global Trade Analysis Project (GTAP) database and model. The results...
Persistent link: https://www.econbiz.de/10005116658
In the early 1980's, faced with a mounting debt crisis, most highly indebted developing countries increased trade barriers to generate more foreign exchange; but in the last three to four years, they have reversed course. Almost all highly indebted countries have undergone real devaluations and...
Persistent link: https://www.econbiz.de/10005128444
Based on static analysis, a number of studies argue that forming a regional trade agreement is more likely to raise welfare if member countries are"natural trading partners,"while other studies claim that the opposite is true. Schiff and Wang look at the argument from a dynamic viewpoint by...
Persistent link: https://www.econbiz.de/10005128469
The author examines the main distinction between trade liberalization under the General Agreement on Tariffs andTrade (GATT) and under regional trading agreements. Under the GATT, trade liberalization is based on the most-favored-nation principle. Under regional trade agreements, it is based on...
Persistent link: https://www.econbiz.de/10005128471
textiles and clothing, given that the preferential removal of tariffs (in the 15 to 30 percent range) and MFA quotas could give … (because textiles and clothing represent a higher-than-average share of Bangladesh's exports). The authors argue that …
Persistent link: https://www.econbiz.de/10005128485
The alarming increase in the number of antidumping actions pursued by both industrial and developing countries has caused considerable concern among economists, lawyers, and trade reformers. These concerns have led to suggestions to substitute antitrust principles for antidumping laws and...
Persistent link: https://www.econbiz.de/10005128503
The authors address two questions in this report : 1) have exporters in sub - Saharan Africa (SSA) faced more or less protection in Japan, the EC, and the United States than other developing countries and 2) to what extent has protection in those markets constrained SSA's export growth. The...
Persistent link: https://www.econbiz.de/10005128528
The authors study the effects of trade barriers and the persistence of past linkages on trade flows in the former Soviet Union. Estimating a gravity equation on trade among and between nine Russian regions and 14 former Soviet republics, they find that Russian regions traded 60 percent more with...
Persistent link: https://www.econbiz.de/10005128578