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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
For decades, earnings from farming in Latin American countries have been depressed by pro-urban and anti-trade biases in own-country policies and by governments of richer countries favoring their farmers with import barriers and subsidies. These policies have reduced national and global economic...
Persistent link: https://www.econbiz.de/10008542625
Substitution elasticities in policy-oriented computable general equilibrium (CGE) models are key parameters for model results since they determine behaviour in these models. As Dawkins et al. (2001) observe, the current situation with regard to the elasticities available for use in these models...
Persistent link: https://www.econbiz.de/10005515595
Most CGE trade models fix current account balances exogenously, in accordance with the widely accepted view that trade policy may influence trade flows, but that current accounts are constrained by symmetric capital account balances, on which trade policy has little effect. The MIRAGE-D model...
Persistent link: https://www.econbiz.de/10005015321
This working paper draws on historical and contemporary data on tariffs, nontariff barriers, and transportation costs (for the United States and its major trading partners) to estimate the role of policy liberalization in US merchandise trade growth over the period 1980 to 2006. Both partial...
Persistent link: https://www.econbiz.de/10005051477
In the last two years, the United States has reversed the post-World War II trend toward the lowering of trade barriers and a commitment towards multilateral free trade. Citing a need to “level the playing field” and hold trading partners accountable to their commitments, the current...
Persistent link: https://www.econbiz.de/10014107704
Persistent link: https://www.econbiz.de/10001365860
We offer a general equilibrium analysis of Brexit incorporating the state-of-the-art differences in productivity and firms' selection within manufacturing sectors à la Melitz (2003) and multinationals in services. Trade, output and average productivity diminish across most sectors in the UK and...
Persistent link: https://www.econbiz.de/10012920676
This paper presents a framework for analysing the effects of economic development in Eastern Europe on Austria's regions. Therefore we concentrate on the effects of enhanced East-West trade, which results from the economic development in the transition countries. The analytical framework we use...
Persistent link: https://www.econbiz.de/10010504936
The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the...
Persistent link: https://www.econbiz.de/10015192174