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Trade reform, intermediation and corruption

Mandal, Biswajit; Marjit, Sugata - In: Economic Modelling 33 (2013) C, pp. 741-746

We construct a general equilibrium model with a protected intermediate sector and analyze the effectiveness of trade reform for a small open economy where bureaucratic corruption arises because of trade protection. Intermediaries are employed by the producers in order to avoid paying the import...

Persistent link: https://www.econbiz.de/10010738011

Border Delays and Trade Liberalization

Whalley, John; Cudmore, Edgar - National Bureau of Economic Research (NBER) - 2003

Delays at the border for customs clearance are seemingly a central feature of the trade regime in the CIS states. Here, we argue that with queuing costs being endogenously determined in such circumstances tariff liberalization (even in the small economy case) can be welfare worsening since...

Persistent link: https://www.econbiz.de/10005088770

Global factor trade with differentiated factor prices and factor intensities

Kwok, Yun-kwong - In: Canadian Journal of Economics 39 (2006) 3, pp. 758-780

Relaxing the assumption of internationally identical factor intensity techniques in the HOV model creates two challenges. First, computing actual factor intensity techniques of different countries requires detailed input-output tables and factor usage data, which are not always available....

Persistent link: https://www.econbiz.de/10005770130

Market Access, Economic Geography, and Comparative Advantage: An Empirical Assessment

Davis, Donald R.; Weinstein, David - National Bureau of Economic Research (NBER) - 1998

The increasing returns revolution in trade is incomplete in an important respect there exists no compelling empirical demonstration of the role of increasing returns in determining production and trade structure. One reason is that trade patterns of the canonical increasing returns models are a...

Persistent link: https://www.econbiz.de/10005829347

The Heckscher-Ohlin-Vanek Model of Trade: Why Does It Fail? When Does It Work?

Davis, Donald R.; Weinstein, David; Shimpo, Kazushige; … - National Bureau of Economic Research (NBER) - 1996

The Heckscher-Ohlin-Vanek model of factor service trade is a central construct in international economics. Empirically, though, it is a flop. This warrants a new approach. Using Japanese regional data we are able to test the HOV model by independently examining its component production and...

Persistent link: https://www.econbiz.de/10005718126

Common Ground Between Free-traders and Environmentalists

Karp, Larry; Sacheti, Sandeep - C.E.P.R. Discussion Papers - 1997

We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is...

Persistent link: https://www.econbiz.de/10005123684

Discrete Choice, Complete Markets, and Equilibrium

Mongey, Simon; Waugh, Michael E. - National Bureau of Economic Research - 2024

This paper characterizes the allocations that emerge in general equilibrium economies populated by households with preferences of the additive random utility type that make discrete consumption, employment or spatial decisions. We start with a complete markets economy where households can trade...

Persistent link: https://www.econbiz.de/10014486227

Trade liberalization, competition and productivity growth – new evidence from Pakistani manufacturing firms

Liaqat, Zara - In: Journal of Global Economy 9 (2013) 3, pp. 219-246

; if there are any gains from reducing tariffs on intermediate goods, they are greatly counterbalanced by reduction in … tariffs on final goods. There is evidence of an increase in competition following trade liberalization. In a majority of …

Persistent link: https://www.econbiz.de/10011127630

What explains the volume and composition of trade? : industrial evidence from a panel of countries

Johansson, Åsa; Kowalski, Przemyslaw; Olaberría, Eduardo - 2014

tariffs on the volume and composition of trade. We find that distance, common language, common border and regional trade … policies based on tariffs on imported goods not only generate negative spillovers to trading partners by reducing their exports …, but they are also likely to reduce exports of countries that impose the tariffs, in particular in industries that rely …

Persistent link: https://www.econbiz.de/10010375388

Why Tariffs, Not Subsidies? A Search for Stylized Facts

Ederington, Josh; Minier, Jenny - In: Contributions to Economic Analysis & Policy 5 (2006) 1, pp. 1579-1579

tariffs over subsidies. We find that the existing theoretical literature is consistent with the cross-country evidence. …

Persistent link: https://www.econbiz.de/10005458880