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This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American (LA) economies. We construct a measure of Revealed Comparative Advantage (RCA) by 3-digit ISIC sector, country, and year. This RCA accounts...
Persistent link: https://www.econbiz.de/10012561719
The proliferation of preferential trade liberalization over the last 20 years has raised the question of whether it slows down multilateral trade liberalization. Recent theoretical and empirical evidence indicates this is the case even for unilateral preferences that developed countries provide...
Persistent link: https://www.econbiz.de/10010522634
Kee, Olarreaga, and Silva assess the foreign lobbying forces behind the tariff preferences that the United States grants to Latin American and Caribbean countries. The authors extend the basic framework developed by Grossman and Helpman (1994) to explain the relationship between foreign lobbying...
Persistent link: https://www.econbiz.de/10010523104
Average most-favored-nation tariffs in the "Quad" (Canada, the European Union, Japan, and the United States) have fallen to about 5 percent. But tariffs more than three times the average most-favored-nation duty are not uncommon in the Quad and have a disproportionate effect on exports of least...
Persistent link: https://www.econbiz.de/10010524030
The European Union, Japan and the United States have recently announced initiatives to improve market access for the poorest countries. How would these initiatives affect Sub-Saharan Africa and the rest of the world
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