The impact of trade liberalization on productivity and economic growth has received considerable attention in recent policy debate. Besides the theory, there is also a large body of empirical literature on the impact of trade policy reforms on productivity growth. We contribute to this...

In models of monopolistic competition with a single factor of production, imposition of tariff can lead (paradoxically) to a drop in the aggregate price index of the import competing sector. The present model first introduces an internationally mobile capital in such a set up. It is found that...

The study is organized as follows: Chapter 1 reviews the recent performance of the Honduran economy and the objective and coverage of the study. Chapter 2 provides a detailed examination of policies guiding trade and key institutions controlling trade practices. Chapter 3 describes trade control...

In a Cournot duopoly with one foreign firm and one domestic firm we show that a tariff on foreign products can be an effective instrument to influence the licensing strategy of the foreign firm. Under free trade technology transfer occurs with a royalty contract, but a suitably designed tariff...

This paper examines the negotiations which led to the Brussels Convention of 1902 for the abolition of subsidies on sugar exports, showing how the practice of multilateral commodity trade negotiations was an outcome of this experience. Encompassing diverse fiscal systems, these negotiations...

Agricultural policy makers need detailed information on the effectiveness of past policies, in order to increase the efficiency of government interventions to foster agricultural development and poverty reduction. The indicators of policy distortions reported in this study aim to contribute to a...