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The methodological problems associated with standard partial equilibrium models may impart a significant bias in their projections of the trade effects of tariff cuts. First, these models fail to account for the price-raising effects of nontariff barriers (NTBs) that shift the supply curve for...
Persistent link: https://www.econbiz.de/10005079467
Because many developing countries fail to report trade statistics to the United Nations, there has been an interest in using partner-country data to fill these information gaps. The author used partner-country statistics for 30 developing countries to"estimate"actual (concealed) trade data and...
Persistent link: https://www.econbiz.de/10005079814
Labor intensive goods are the strongest export items for developing countries - and the United States is the developing countries'biggest market. In 1965 the National Bureau of Economic Research predicted that developing countries would specialize in the manufacture and export of labor intensive...
Persistent link: https://www.econbiz.de/10005030514
Two objectives of international commodity policy have been to reduce instability in exporter's earnings and importer's prices through international (buffer stock) agreements and to encourage further processing of domestically produced commodities by developing countries. However, it appears that...
Persistent link: https://www.econbiz.de/10005128708
Sharing different stages of manufacturing between countries is of major and growing importance. But because of previous deficiencies in the Standard International Trade Classification (SITC Revision 1) system, it was not possible to differentiate between the international trade in components and...
Persistent link: https://www.econbiz.de/10005133713
Matching exporters'freight on board (fob) trade statistics with the corresponding importers'cost, inventory and freight (cif) data, this paper studies the quality of official information on trade between 36 African countries. The author found the disparities in data so great as to make the...
Persistent link: https://www.econbiz.de/10005133736
Some developing countries may experience important trade losses if tariffs are liberalized on a general most-favored-nation (MFN) basis. Sub-Saharan Africa appears to be especially vulnerable to this problem. African countries receive important Lome Convention preferences in the European...
Persistent link: https://www.econbiz.de/10005116175
This paper uses a global computable general-equilibrium framework with new detail on six Levant countries -- the Arab Republic of Egypt, Iraq, Jordan, Lebanon, the Syrian Arab Republic, and Turkey -- to quantify the direct and indirect economic effects of the Syrian war and the advance of the...
Persistent link: https://www.econbiz.de/10011096293
The East Asia and Pacific Economic Update provides regular, biannual analyses of development trends and economic policy issues across the East Asia and Pacific region.
Persistent link: https://www.econbiz.de/10011262723
This paper examines the implications of the terms-of-trade theory for the determinants of outcomes arising under the enforcement provisions of international agreements. Like original trade agreement negotiations, the paper models formal trade dispute negotiations as potentially addressing the...
Persistent link: https://www.econbiz.de/10011265033