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We examine the impact of proposed changes in US legislation to allow greater use of concentrated dairy products when producing fresh milk commodities. Although this change will allow dairy producers to partially circumvent high tariff-rate quotas (TRQs) for fresh milk products, changes in dairy...
Persistent link: https://www.econbiz.de/10011117267
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This paper talks about the usage of Rules of Origin (RoO) as protectionist apparatuses in different regional trade areas, as the North American Free Trade Area, the African Growth and Opportunity Act and the South African Development Community, and the usage of RoO as trade-diverting tools. In...
Persistent link: https://www.econbiz.de/10014192244
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In this work we use an augmented Eaton-Kortum model to estimate the distribution costs of a group of consumption goods for 60 countries. Our results accord well with the distribution costs derived directly from the input-output tables for a slightly different group of goods. Our counterfactual...
Persistent link: https://www.econbiz.de/10013109405
Using a computable general equilibrium simulation model and partial equilibrium simulations, based on the SMART model, the paper attempts to assess the aggregate worldwide distribution of gains and losses of the EU’s Everything But Arms (EBA) initiative for both LDCs and third developing...
Persistent link: https://www.econbiz.de/10010279061
Since the onset of the ongoing United States (US)-People's Republic of China (PRC) trade dispute in 2017, stakeholders and experts alike have expressed deep concerns that the tensions would come at a cost for the countries involved and the global economy. In this paper, we endeavor to quantify...
Persistent link: https://www.econbiz.de/10012665050
Rapid trade-led economic growth in emerging Asia has been shifting the global economic and industrial centres of gravity away from the north Atlantic, raising the importance of Asia in world trade but also altering the commodity composition of trade by Asia and other regions. What began with...
Persistent link: https://www.econbiz.de/10010397264
With the implementation of the Russian import ban as a countermeasure to the EU sanctions in the context of the Ukrainian crisis, trade relations between the EU and Russia reached their lowest level in 2014. In this paper, we model several trade policy scenarios and assess their effects on...
Persistent link: https://www.econbiz.de/10012149390
Most empirical policy work requires the aggregation of policies. Trade policyaggregation exemplifies the aggregation problem poignantly, with thousands of highlydispersed trade barriers. This paper provides methods of policy aggregation that areconsistent with two common objectives of empirical...
Persistent link: https://www.econbiz.de/10009302551