Showing 1 - 10 of 40
We study the dynamics of optimal trade policy in a model with costly inter-sectoral adjustment of labour, where migrants pay less than the marginal social cost of migration. If workers have rational expectations, a future tariff has an announcement effect on the current migration decision. If...
Persistent link: https://www.econbiz.de/10004979720
We model the situation where two large countries impose either tariffs or quotas and a third large country remains passive. The introduction of the third country overturns results from two-country models. Stable quota equilibria are capable of reproducing the equilibrium price under tariffs, and...
Persistent link: https://www.econbiz.de/10004979759
Partial cooperation in setting trade policy may be worse than no cooperation for countries who form a customs union. The paper investigates three situations where this is likely to occur. First, if the countries forming the union comprise too small a percentage of the non-competitive sector of...
Persistent link: https://www.econbiz.de/10004979765
Domestic technical measures such as SPS and TBTs can enhance import demand via information disclosure and quality improvement, or hamper foreign export supply via imposing sizeable compliance costs, or both. The traditional gravity equation model estimates the net effect of these measures on...
Persistent link: https://www.econbiz.de/10009445870
We assess the impact of a potential TTIP bilateral free trade agreement on the EU and US bio-economies (feedstock, biofuels, by-products, and related competing crops) and major trade partners in these markets. The analysis develops a multi-market model that incorporates bilateral trade flows (US...
Persistent link: https://www.econbiz.de/10011167776
This study analyses the impact on the US cotton industry of removal of the Multi-Fibre Arrangement (MFA) using a multimarket displacement equilibrium model. The model captures the basic linkages of textile products and cotton markets in the USA and in non-US markets. Different textile trade...
Persistent link: https://www.econbiz.de/10011168002
This paper analyzes linkages between growth, trade and the environment in Mexican agriculture with an empirical economy-wide model. The investigation considers trade liberalization, environmental policy reform, and their coordination. The analysis decomposes the change in pollution emission...
Persistent link: https://www.econbiz.de/10010911419
Using firm-level survey and export data from 2004 to 2007, we estimate the impact of import tariffs in major non-EU markets on the export performance of the French champagne industry. We use the fractional logit regression to deal with three prominent features of trade data: high frequency of...
Persistent link: https://www.econbiz.de/10010916068
This paper presents promising methodologies for modeling and quantifying nontariff barriers (NTB) to trade in the agricultural and food sectors. We limit the analysis to sanitary, phytosanitary, and technical regulations that can have an impact on trade and to methods that provide some...
Persistent link: https://www.econbiz.de/10009443051
We analyze the impact of trade liberalization, removal of production subsidies, and elimination of consumption distortions in world sugar markets using a partial-equilibrium international sugar model calibrated on 2002 market data and current policies. The removal of trade distortions alone...
Persistent link: https://www.econbiz.de/10009443055