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Helpman (1995) model by determining tariff rates endogenously instead of assuming they are fixed during or after the formation … of FTAs. I show that for an exogenously established FTA, the tariff rates that apply to non-members essentially decline … once the FTA is formed. More importantly, I investigate the interaction between endogenous tariff determination and the …
Persistent link: https://www.econbiz.de/10008623533
applicable tariff rates. However, the increasing prevalence of regional and bilateral FTAs is a trend that has become impossible …
Persistent link: https://www.econbiz.de/10008565747
A model of heterogeneous firms with multiple products and two production factors (labor and capital) is used to study how trade liberalization affects firms’choices through both product and factor markets. Trade liberalization is shown to always redistribute capital toward more efficient firms...
Persistent link: https://www.econbiz.de/10008568037
A model of heterogeneous firms with multiple products and two production factors (labor and capital) is used to study how trade liberalization affects firms' choices through both product and factor markets. Trade liberalization is shown to always redistribute capital toward more efficient firms...
Persistent link: https://www.econbiz.de/10008568132
Globalization increasingly involves less-developed countries (LDCs), i.e., economies which usually suffer from severe imperfections in their financial systems. Taking these imperfections seriously, we analyze how credit frictions affect the distributive impact of trade liberalizations. We find...
Persistent link: https://www.econbiz.de/10008570649
This study attempts to provide an analysis of the gender concerns of the proposed EU India FTA in the field of agriculture and suggest policy changes both in the FTA text as well as in domestic policy. [Paper III].
Persistent link: https://www.econbiz.de/10008577206
Globalization increasingly involves less-developed countries (LDCs), i.e., economies which usually suffer from severe imperfections in their financial systems. Taking these imperfections seriously, we analyze how credit frictions affect the distributive impact of trade liberalizations. We find...
Persistent link: https://www.econbiz.de/10008577810
This note introduces labour market imperfection in an otherwise Heckscher-Ohlin-Samuelson (HOS) model and provides a theory of unionized wage formation. It demonstrates that this framework satisfies the Stolper-Samuelson theorem and the magnification effect and that it is capable of producing...
Persistent link: https://www.econbiz.de/10008578232
Strategies for trade liberalization when the rates of time preference are heterogeneous across countries are examined in the framework of endogenous growth. The paper argues that the best strategy for a country with the relatively higher rate of time preference is the strategy of free trade with...
Persistent link: https://www.econbiz.de/10008587463
In this study we test for structural changes in international trade patterns of 77 countries over the post-WWII period, to examine if they experienced a substantial increase in their trade ratios following major GATT rounds such as the Kennedy Round, or after joining GATT. Our results show that...
Persistent link: https://www.econbiz.de/10008587594