Showing 1 - 10 of 32
To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...
Persistent link: https://www.econbiz.de/10009246604
A study of distortions to agricultural incentives in 18 developing countries during 1960-84, by Krueger, Schiff and Valdés (1988; 1991), found that policies in most of those developing countries were directly or indirectly harming their farmers. Since the mid-1980s there has been a substantial...
Persistent link: https://www.econbiz.de/10008557010
Over the past decade Hong Kong and China have become far more important to the world’s wine markets, while Southeast Asia’s imports of fine wine continue to grow steadily. This paper reviews recent developments in the light of comparative advantage theory before drawing on a model of global...
Persistent link: https://www.econbiz.de/10011262888
This paper investigates the relationship between firm restructuring and international competition in Bulgaria during … local market. Neither hypothesis is rejected. The firm-level data suggest that international competition led to substantial …
Persistent link: https://www.econbiz.de/10005114496
This paper investigates the activities of the Bulgarian competition office, the Commission for the Protection of Competition, during 1991–5. Descriptive statistics are provided on the industry incidence of investigations, the types of behaviour that were investigated, and the frequency with...
Persistent link: https://www.econbiz.de/10005656340
prices. If this is done by countries accounting for a large share of the market, its effect is offset by increases in world …-insulating behavior by the industrial countries. This provides little stabilizing benefit in the rice market because countries not … for the wheat market where non-developing countries account for 27 percent of consumption. …
Persistent link: https://www.econbiz.de/10009207521
National barriers to trade are often varied to insulate domestic markets from international price variability. This paper explores the extent of that behavior by governments using estimates of agricultural price distortions in 75 countries. Newly estimated price transmission elasticities are...
Persistent link: https://www.econbiz.de/10008692306
governments to insulate their domestic food market from fluctuations in international prices has not waned. Such insulation …
Persistent link: https://www.econbiz.de/10011083902
When prices spike in international grain markets, national governments often reduce the extent to which that spike affects their domestic food markets. Those actions exacerbate the price spike and international welfare transfer associated with that terms of trade change. Several recent analyses...
Persistent link: https://www.econbiz.de/10011084272
This paper has two purposes. It first considers the impact on world food prices of the changes in restrictions on trade in staple foods during the 2008 world food price crisis. Those changes—reductions in import protection or increases in export restraints—were meant to partially insulate...
Persistent link: https://www.econbiz.de/10011084521