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This paper estimates the costs of EU restraints on trade in textiles and clothing. After explaining the methods used, we examine the impact of an opening up of EU trade in textiles and clothing, inter alia to those economies where the textile and clothing (T&C) industries command sizeable shares...
Persistent link: https://www.econbiz.de/10011472459
The dismantling of the Multi-Fibre Arrangement by 2005 and China's forthcoming membership of the WTO, as the world's largest exporter of clothing, will alter profoundly international competition in textiles and clothing. A simulation of these two components of trade liberalization makes it...
Persistent link: https://www.econbiz.de/10014049448
India, a late integrator in the global market for clothing, has followed a path to integration that is quite different from the experience of some of its major competitors. Unlike China, Mexico, Eastern Europe and other South Asian countries, India's recent surge in clothing exports has occurred...
Persistent link: https://www.econbiz.de/10014062662
Persistent link: https://www.econbiz.de/10001509040
This paper compares the solution methods and baseline calibration of three different quantitative trade models (QTMs): computable general equilibrium (CGE) models, structural gravity (SG) models and models employing exact hat algebra (EHA). The different solution methods generate identical...
Persistent link: https://www.econbiz.de/10011992776
This paper examined welfare and poverty impacts of trade liberalization in Bangladesh. By using a computable general equilibrium model based on a social accounting matrix, an empirical investigation of the transmission channels linking trade liberalisation to the rest of the economy was carried...
Persistent link: https://www.econbiz.de/10014050736
The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real income gains. To date, there is still very limited empirical evidence on the actual post-implementation impact of the TFA. This paper provides an assessment, combining econometric...
Persistent link: https://www.econbiz.de/10014225999
This paper the presents pattern and determinants of intra-industry trade (IIT) in Australian manufacturing since the late 1970s. The results point to a sharp rise in IIT from the mid 1980s which appears to be linked with an outward-oriented policy. Industry level analysis indicates that...
Persistent link: https://www.econbiz.de/10011609146
Sub-Saharan Africa's declining importance in global trade is primarily due to its inability to remain competitive in international markets. If Africa merely retained its 1962-1964 shares for major products its exports would now be 75% ($11 billion) higher. External protection against Africa has...
Persistent link: https://www.econbiz.de/10014216243
We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and the "hard" effects of protection with the empirical structural gravity model. Specifically, we argue that the difference between the estimates of border indicator variables for...
Persistent link: https://www.econbiz.de/10012599928