Showing 1 - 10 of 14
By focusing on structural features within developing economies, this paper attempts to reconcile developments observed in many post-liberalization countries with the help of modified versions of standard trade theory factor endowment models. The common thread generating most of our interesting...
Persistent link: https://www.econbiz.de/10009468020
This paper explores aspects of increased informalization in developing countries with the help of a modified specific factors model with a fixed nominal wage in the formal sector, which is assumed to have a “lighthouse” effect on the informal sector wage. Both sectors produce a tradable good...
Persistent link: https://www.econbiz.de/10009468108
benefits must be balanced against the expected political benefits of protectionism (and their associated welfare costs) when … biased toward protectionism, particularly if trade restrictions are a source of corruption incomes. This article explains the … sources of new appeals for protectionism, outlines the relationship with traditional producer protectionism and lays out the …
Persistent link: https://www.econbiz.de/10009443941
potential protectionism, the standard is useful in correcting the consumption externality in the domestic country. Protectionism …
Persistent link: https://www.econbiz.de/10009445585
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
The theoretical debate over whether countries can and should set tariffs in response to the foreign export elasticities they face goes back to Edgeworth (1894). Despite the centrality of the optimal tariff argument in trade policy, there exists no evidence about whether countries actually...
Persistent link: https://www.econbiz.de/10009472549
Traditional economic wisdom claims that - while global economic integration is beneficial for economic performance - a country's trade specialization pattern has no impact on its economic performance. In this paper, we seek to cast doubt on this aspect of mainstream economics using a very...
Persistent link: https://www.econbiz.de/10009448494
Protectionism played a pivotal role in establishing and nurturing the growth of the Australian passenger motor vehicle … run, protectionism simultaneously led to an inefficient inward looking industry which could not compete against the …
Persistent link: https://www.econbiz.de/10009481988
Artículo de revista ; The rise in global protectionist tensions in recent years has, after decades of across-the-board declines, entailed increases in tariffs that are proving detrimental to international trade and thereby affecting the Spanish economy’s external sector outlook. This article...
Persistent link: https://www.econbiz.de/10012523909
protectionism in the form of tariff barriers on Spanish goods exports. The Spanish economy has signicantly increased its degree of …
Persistent link: https://www.econbiz.de/10012526619