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Persistent link: https://www.econbiz.de/10005100174
Two exceptions to the argument that export promotion offsets import substitution are provided. The first is based on the observation that protection in small open economies produces monopolisation of the domestic market. The second qualification stems from the discretionary and contingent nature...
Persistent link: https://www.econbiz.de/10005464265
Having its origins in the excesses occurred in the Western financial system, the global crisis has affected the world economic circuit as a whole and thus its most dynamic flux: the international trade in goods. After the sharp and synchronized downturn of the transactions in 2009, the world...
Persistent link: https://www.econbiz.de/10010660856
recent global economic contraction did not trigger a massive wave of protectionism as expected. Despite important adjustments … protectionist measures, there is a widely shared belief that crisis related protectionism has been kept under control, being rather … economic nationalism and protectionism. The views on intensity, dynamics and potential impact of current contemporary …
Persistent link: https://www.econbiz.de/10011145138
protectionism as expected. Nevertheless, numerous countries have adjusted their trade policies during the financial crisis to … mitigate its negative effects. Despite the widely shared view that crisis-related protectionism has been limited and kept under … global economy, the paper highlights the main trends in the recent evolution of trade protectionism. It takes stock of the …
Persistent link: https://www.econbiz.de/10011201772
Although American business leaders do not like protectionism, more and more of them are concluding that too many …
Persistent link: https://www.econbiz.de/10005789463
According to the Washington Consensus, developing countries' growth would benefit from reductions in barriers to trade. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not judged against models; policies are poorly measured; and...
Persistent link: https://www.econbiz.de/10011314046
This paper exploits exogenous features of the 1960s/70s container revolution to estimate the impact of the introduction of refrigerated containers (or reefers) on new trade of temperature sensitive products. Our identification strategy is justified by a historical narrative which suggests that...
Persistent link: https://www.econbiz.de/10011555511
This dissertation was prepared by Alexander-Nikolai Sandkamp, completed in September 2018 and first published online by LMU Munich in February 2019. It consists of four selfcontained chapters that empirically investigate different trade dampening phenomena using gravity analysis. The first two...
Persistent link: https://www.econbiz.de/10012484752
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...
Persistent link: https://www.econbiz.de/10012582029