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The authors analyze empirical information on the nature and magnitude of, and motivation for, international production sharing in East Asia. To do so, they use a largely untapped source of data on inter- and intra-regional trade in parts and components. Some of their findings: East Asian trade...
Persistent link: https://www.econbiz.de/10004989728
Sharing different stages of manufacturing between countries is of major and growing importance. But because of previous deficiencies in the Standard International Trade Classification (SITC Revision 1) system, it was not possible to differentiate between the international trade in components and...
Persistent link: https://www.econbiz.de/10005133713
Developments driven by trade liberalization and tehcnological progress mean that old development strategies, based on state intervention and trade protection, no longer work. Global competition has brought a growing emphasis on product standards, rapid innovation, adaptability, and speedy...
Persistent link: https://www.econbiz.de/10005116136
This paper argues that the definition of"manufactures"used in compiling production data for industrial and developing countries is far broader than the definition used for trade statistics. This limits the analytical utility of output and trade data for studies using, say, apparent consumption...
Persistent link: https://www.econbiz.de/10005079978
Trade policies in many developing countries discriminate--through import bans, licensing requirements, or higher tariff rates. Even Australia adds a $12,000 tariff on used cars. Such discrimination is often motivated by the desire to protect domestic industries from competition from low-priced...
Persistent link: https://www.econbiz.de/10005133502
Fernandes explores Colombian trade policy from 1977-91, a period of substantial variation in protection across industries, to examine whether increased exposure to foreign competition generates plant-level productivity gains. Using a large panel of manufacturing plants, she finds a strong...
Persistent link: https://www.econbiz.de/10005079458
The methodological problems associated with standard partial equilibrium models may impart a significant bias in their projections of the trade effects of tariff cuts. First, these models fail to account for the price-raising effects of nontariff barriers (NTBs) that shift the supply curve for...
Persistent link: https://www.econbiz.de/10005079467
The authors focus on the evaluation of the antidumping regime from 1988 through 2003. During these years the Brazilian economy had to cope with several periods of macroeconomic instability and overvaluation of the domestic currency, particularly from 1990-92 and 1994-98. As a result, from 1992...
Persistent link: https://www.econbiz.de/10005079488
By explicitly accounting for the interaction between importers and corrupt customs officials, the author argues that setting trade tariff rates at a uniform level, limits public official's ability to extract bribes from importers. If the government's main objective is to raise revenues at the...
Persistent link: https://www.econbiz.de/10005079511
Economists often argue that the level and structure of a country's trade barriers and the quality of its governance policies (for example, regulating foreign investment or limiting commercial activity with red tape) have a major influence on its economic growth and performance. One problem...
Persistent link: https://www.econbiz.de/10005079533