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A political economy model of protection is used to determine endogenously the intersectoral patterns of protection. Three propositions are derived that are consistent with the stylized patterns of tariff protection in rich and poor countries: Nominal protection rates escalate with the degree of...
Persistent link: https://www.econbiz.de/10015360489
The estimated coefficient of distance on the volume of trade is generally found to increase rather than decrease through time using the traditional gravity model of trade. This distance puzzle proved robust to several ad hoc versions of the model using data for 1962-96 for a large sample of 130...
Persistent link: https://www.econbiz.de/10015360499
The effective market access granted to textiles and apparel under the North American Free Trade Agreement (NAFTA) is estimated, taking into account the presence of rules of origin. First, estimates are provided of the effect of tariff preferences combined with rules of origin on the border...
Persistent link: https://www.econbiz.de/10015360514
International migration will be one of the major challenges of the twenty-first century. Lower transaction and communication costs have already greatly eased the formation of migrant networks and reduced migration costs, for long a deterrent to migration from developing countries to developed...
Persistent link: https://www.econbiz.de/10015360551
The least developed countries rely on preferential market access. To benefit from these preferences, proof of sufficient transformation must be provided to customs in importing countries by meeting the rules of origin requirements. These rules of origin are complicated and burdensome to...
Persistent link: https://www.econbiz.de/10015360695
This trend is raising considerable concern among policymakers in developing countries, wary of having to bear the cost of educating and then losing their most entrepreneurial and talented workers. The possibility for educated migrants to move abroad should raise the returns to education and, in...
Persistent link: https://www.econbiz.de/10015360548