To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. Kee, Nicita, and Olarreaga modify Kohli's (1991) GDP function approach to estimate demand elasticities for...

This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the 'protection for sale' model to allow for different...

A complicated global economic situation has a negative effect on development of the foreign economic sphere of the Russian Federation. Early in 2013, worsening of the trade balance of the Russian Federation was observed: with reduction of export supplies import has increased. The member-states...

In February 2015, Russian foreign trade continued posting the fall of main indices. Eurocommission considers that Russia remains among the leading countries which preserve different barriers that to a considerable extent hamper global trade

Early in 2015, a drop in the main indices of the Russian foreign trade amounted to the 2009 crisis level. The existing non-tariff barriers between the Russian Federation and the Republic of Belarus highly complicate trade

In May 2014, the Russian foreign trade turnover kept growing at a low rate with growth in export and a decrease in import; as a result, the positive surplus of the trade balance increased substantially. In the geographic pattern of the Russian foreign trade, the share of countries of the...

In April 2014, differently directed dynamics of export and import was observed and, as a result, the trade balance surplus increased. In the foreign trade turnover of the Russian Federation, the share of CIS countries has kept decreasing. G-20 countries continue to apply protectionist measures...

In November 2012, the negative dynamics of Russia's main foreign trade indices was observed, which situation reflects a drop both in domestic and external demand. Having become a full member of the World Trade Organization, Russia has started to utilize instruments developed by the WTO for...

In October 2012, growth in the Russian foreign trade turnover took place as a result of expansion of trade relations with far abroad states. In October 2012, the value of Russian import amounted to the record-high level in the entire period of observation. At the same time, the number of...

In a situation of slowdown of global trade growth, growth in the Russian foreign trade turnover is declining, as well. It is to be noted that though during seven months of this year trade with far abroad countries showed positive dynamics there was a recession in relations with CIS states. The...