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Liberalized trade policy and inequality : evidence from post-Multi-Fibre Arrangement India and some theoretical issues

Kar, Mausumi; Kar, Saibal - 2015

The phased elimination of the Multi-Fibre Arrangement has been one of the most compelling trade policy reforms of the early twenty-first century, and has brought in significant changes in the industrial structures of the countries of the global south. The textile and clothing industry is the...

Persistent link: https://www.econbiz.de/10010465456

To Find Relative Earnings Gains After the China Shock, Look Outside Manufacturing and Upstream

Pierce, Justin R.; Schott, Peter K.; Tello Trillo, … - National Bureau of Economic Research - 2024

We examine US workers' employment and earnings before and after trade liberalization with China. Among workers initially employed in manufacturing, we find substantial and persistent declines in both outcomes, with indirect exposure via input-output linkages exacerbating the negative effects of...

Persistent link: https://www.econbiz.de/10014544717

Binding Overhang and Tariff-Cutting Formulas

Bchir, Mohamed Hedi; Jean, Sébastien; Laborde, David - Centre d'études prospectives et d'informations … - 2005

Persistent link: https://www.econbiz.de/10005406599

Is the GATT/WTO's Article XXIV bad?

Mrázová, Monika; Vines, David; Zissimos, Ben - In: Journal of International Economics 89 (2013) 1, pp. 216-232

The GATT/WTO Article XXIV prevents a customs union (CU) from raising its common external tariff. In this paper, we compare CU formation with and without this Article XXIV constraint. We show, in a multi-country oligopoly model, that for a given CU structure, Article XXIV improves world welfare...

Persistent link: https://www.econbiz.de/10011056367

Regulatory autonomy and multilateral disciplines : the dilemma and a possible resolution

Mattoo, Aaditya; Subramanian, Arvind - 1997 - Manuscript date: December, 1997

A major challenge for the multilateral trading system is to secure the benefits of trade liberalization without infringing on the freedom of governments to pursue legitimate domestic objectives. The difficulty lies in distinguishing between two types of situations. In one, a non-protectionist...

Persistent link: https://www.econbiz.de/10010227585

The relationship between services trade and government procurement commitments : insights from relevant WTO agreements and recent RTAs

Anderson, Robert D.; Locatelli, Claudia; Müller, Anna … - 2014 - Manuscript date: 24 October, 2014

To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...

Persistent link: https://www.econbiz.de/10010430680

I've been everywhere (except Mexico) : investor responses to NAFTA's cross-border trucking provisions

Davies, Ronald B.; Liebman, Benjamin H.; Tomlin, Kasaundra - 2015

We investigate the response of US trucking firms to the removal of barriers to crossborder trucking under NAFTA. This was done via a program implemented in 2007, cancelled in 2009, and reinstated in 2011. We find that, unsurprisingly, the program's start resulted in lower stock returns,...

Persistent link: https://www.econbiz.de/10010467794

Trade protection in India : economics vs. politics?

Gang, Ira N.; Pandey, Mihir - 1996

This paper investigates economic and political determinants of protection across the secondary (manufacturing) sector … compared to the rest-of-the-world to have low levels of protection. Moreover, the degree of protection should change as the … industries may enjoy a great deal of protection because of political lobbying (...) …

Persistent link: https://www.econbiz.de/10011576560

Published and realized tariffs : the weak link

Gang, Ira N.; Pandey, Mihir - 1996 - Revised

This paper investigates the link between published tariff rates and realized tariff rates using Indian inter-industry manufacturing sector data over three Plan periods. Understanding this link is important as economies liberalize trade and must deal with the potential revenue shortfalls: if the...

Persistent link: https://www.econbiz.de/10011576765

Revenue motives and trade liberalization in an endogenous tariff model

Gang, Ira N. - 1994

-maker would respond to lower world prices by reducing tariff protection for an import-competing industry. An initial tariff that …

Persistent link: https://www.econbiz.de/10011577171