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Import liberalization as export destruction? : evidence from the United States

Breinlich, Holger; Leromain, Elsa; Novy, Dennis; … - 2022

How does import protection affect export performance? In trade models with scale economies, import liberalization can reduce industry-level exports by cutting domestic production. We show that this export destruction mechanism reduced US export growth following the permanent normalization of...

Persistent link: https://www.econbiz.de/10012817913

Deep Trade Policy Options for Armenia : The Importance of Trade Facilitation, Services and Standards Liberalization

Jensen, Jesper - 2012

World region in manufactured products. Additional gains can be expected in the long run from an improvement in the …

Persistent link: https://www.econbiz.de/10013210332

Preferential trade liberalization with endogenous cartel discipline : implications for welfare and optimal trade policies

Agnosteva, Delina; Syropoulos, Constantinos; Yotov, Yoto - 2020

We consider an international cartel whose members interact repeatedly in their own as well as in third-country segmented markets. Cartel discipline-an inverse measure of the degree of competition between firms-is endogenously determined by the cartel’s incentive compatibility constraint (ICC),...

Persistent link: https://www.econbiz.de/10012287796

The principle of reciprocity in the 21st century

DeRemer, David R. - 2016

The principle of reciprocity is central to trade cooperation. Economic theory characterizes reciprocal policy changes … that guide nations from noncooperative policies to the Pareto efficiency frontier. This paper extends the theory of … show that the standard concept of reciprocity - policy changes that equally increase net export value at world prices - can …

Persistent link: https://www.econbiz.de/10011537477

Trade issues affecting disaster response

Roberts, Michael; Mohammed, Nazia - 2017 - Manuscript date: March 2017

The frequency, severity and economic impact of natural disasters are growing. Import surges resulting from disaster-response efforts can highlight underlying structural failings in the border clearance regimes of disaster-affected countries. Relief supplies, specialized personnel and agencies...

Persistent link: https://www.econbiz.de/10011632722

Harmonization versus Mutual Recognition : Some Pitfalls for the Coordination of Product Standards Under Imperfect Competition

Jørgensen, Jan Guldager - 2014

The present paper examines trade liberalization driven by the coordination of product standards. For oligopolistic firms situated in separate markets that are initially sheltered by national standards, mutual recognition of standards implies entry and reduced profits at home paired with the...

Persistent link: https://www.econbiz.de/10013039885

Income effects and trade agreements

DeRemer, David R. - 2016

This paper considers trade agreements in a sufficiently general framework to encompass both imperfectly competitive market structures and income effects in government objectives. We show that governments choose globally efficient policies if they act as if they do not value the impact of their...

Persistent link: https://www.econbiz.de/10011537837

Lessons from U.S.-China Trade Relations

Caliendo, Lorenzo; Parro, Fernando - National Bureau of Economic Research - 2022

We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...

Persistent link: https://www.econbiz.de/10013361989

India's Reform of External Sector Policies and Future Multilateral Trade Negotiations

Srinivasan, T. N. - 2003

I evaluate India's transition from an inward-oriented development strategy to greater participation in the world …

Persistent link: https://www.econbiz.de/10014035121

India's reform of external sector policies and future multilateral trade negotiations

Srinivasan, Thirukodikaval N. - 2001

Persistent link: https://www.econbiz.de/10001629594