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Book Regionalism in Trade Policy

Download or read book Regionalism in Trade Policy written by Arvind Panagariya and published by World Scientific. This book was released on 1999 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade diversion and the creation of complicated and discriminatory tariff regimes with increased tariffs for non-member countries - the consequences of PTAs - are likely to undermine the multilateral trading system."--Jacket.

Book From Here to Free Trade

Download or read book From Here to Free Trade written by Ernest H. Preeg and published by University of Chicago Press. This book was released on 1998-05-13 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his new book, Ernest Preeg analyzes international trade and investment in the 1990s and lays out a comprehensive U.S. trade strategy for the uncertain period ahead. He examines the influence of the World Trade Organization (WTO) and argues that economic globalization is beneficial to the U.S. economy in the short- to medium-term while raising important questions about national sovereignty and security over the longer term. Preeg believes regional free trade agreements will soon encompass the majority of world trade, but they can conflict with the WTO's multilateral objectives. The central challenge for U.S. trade strategy, then, is to integrate the now largely separate multilateral and regional tracks of the world trading system. The first essay assesses U.S. interests in economic globalization, the second examines recent steps toward free trade at the multilateral and regional levels, and the next three offer an in-depth critique of U.S. regional free trade objectives in the Americas, across the Pacific, and possibly with Europe. The final essay presents a multilateral/regional synthesis for going from here to free trade over the coming decade.

Book Essays on Trade Policies

Download or read book Essays on Trade Policies written by Mengqi Wang and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation aims to comprehensively analyze the influence of government policies in international markets on agent decisions, as well as the broader macroeconomic implications of these policies. Reducing trade costs significantly affects how resources and economic activities are distributed spatially. Yet, internal frictions, particularly common in developing countries, obstruct efficient resource allocation across regions. Developing nations address this by combining trade liberalization with internal reforms or subsidies. Understanding how these reductions in trade costs and the mitigation of internal frictions interact is crucial for assessing policy effectiveness, especially regarding export outcomes. In Chapter One, titled "Spatial Implications of Trade Cost Reduction with Resource Reallocation Frictions,'' a dynamic spatial general equilibrium model is developed to study how changes in external trade costs and internal frictions affect export growth. The model incorporates costs of goods trade within and across borders, labor migration, and firms' borrowing. Using China's early 2000s reforms for calibration, the analysis shows that both external and internal reforms significantly boosted export growth, with domestic financial frictions playing a key role. Additionally, the study identifies a complementary relationship between external and internal factors, emphasizing the importance of addressing financial frictions and capital accumulation to enhance the effectiveness of trade cost reduction. The redistribution of resources among firms is another reason economic frictions may impede export growth following reductions in external trade costs. Chapter Two, titled "Internal Reforms, Trade Liberalization, and Labor Market Outcomes in China,'' investigates how changes in trade costs and the size of the state-owned sector influence unemployment rates and job turnovers. Using a small open economy model, calibrated with early 2000s reforms in China, I find that reducing trade costs alone has minimal impact on labor markets without concurrent reductions in the state-owned sector size. This chapter underscores the complementary effect, emphasizing the enhanced labor market adjustments resulting from trade cost reductions combined with reductions in the state-owned sector size. Recent trade tensions have underscored the risks associated with policy-induced geoeconomic fragmentation, emphasizing the importance of understanding complex global supply chains and trade partnerships. Chapter Three, titled "Trade Diversion Effects from Global Tensions'' (co-authored with Swarnali Ahmed Hannan), estimates the trade diversion effect on Mexico's exports to the United States during the 2018 U.S.-China trade tensions. We find positive trade diversion effects, with the U.S. shifting imports from China to Mexico, particularly for products affected by U.S. tariffs on Chinese goods. However, limited evidence suggests significant transmission of the trade diversion effect through input-output linkages in the short run.

Book Trade  Welfare  and Economic Policies

Download or read book Trade Welfare and Economic Policies written by Murray C. Kemp and published by University of Michigan Press. This book was released on 1993 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: New contributions to the theory of international trade

Book Essays on the Nature of International Trade Law

Download or read book Essays on the Nature of International Trade Law written by Robert E. Hudec and published by . This book was released on 1999 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays in International Trade and Public Economics

Download or read book Essays in International Trade and Public Economics written by Margarita M. Kalamova and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 2012 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays of this book are contributions to the empirical Literature in International Trade and Public Economics. They deal with the relationship between the structure and quality of the public sector and the process of economic integration. Two of the essays add to the empirical determinants of trade and foreign direct investment (FDI) and to the numerous applications of the theory of government decentralization. Decentralization tends to discourage inward FDI and domestic trade and to increase imports and exports. A third essay focuses on the effect of governments' intangible assets - such as consumer perceptions about countries and products from these countries - on FDI. A country's nation brand is shown to have a significant and large positive effect on investment flows.

Book Essays on Trade Policies and Firm Performance in Developing Countries

Download or read book Essays on Trade Policies and Firm Performance in Developing Countries written by Yidan Jin and published by . This book was released on 2020 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade policies in developing countries have a significant impact on economic growth and welfare, especially after the trade liberation in China and India. The labor markets are highly influenced by different trade policies such as Special Economic Zones (SEZs) in China and the growing import competition in India. My dissertation focuses on understanding the effect of trade policies on firm behaviors and local labor markets in developing countries.

Book Trade Policy Reforms and Development

Download or read book Trade Policy Reforms and Development written by S. K. Jayasuriya and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The two volumes incorporate major new papers contributed by leading international economists, on a range of topics that reflect the breadth of Professor Lloyd's own distinguished contributions to the field of international trade and policy during a career spanning over four decades.

Book Essays on Trade Policy with Supply Chains

Download or read book Essays on Trade Policy with Supply Chains written by Ayako Obashi and published by . This book was released on 2018 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first chapter entitled ``Trade Policy and Production Location with Cross-Border Unbundling'' sheds new light on the trade policy implications of production relocation by featuring the effects of export restrictions on intermediate inputs on the downstream final-good producer's location and sourcing decision. The chapter revisits governments' incentives to use trade policies in a theoretical framework considering the firm's global production operation subject to a combination of trade costs, inclusive of trade barriers, imposed on different stages of production process. An interrelationship between trade policies through production linkage gives rise to a novel, assembly-relocation motive for policy intervention against trade in intermediates. A government may use an export tax on intermediates as a way to attract the final assembly so that conditional on the assembly relocation it can maximize its ability to manipulate the international terms of trade. The second chapter entitled ``Trade Agreements with Cross-Border Unbundling'' and the third chapter entitled ``Revisiting Profit-Shifting Trade Policy Intervention under Cross-Border Unbundling'' revisit the purpose and design of trade agreements in the presence of cross-border unbundling of production. The second chapter features an interrelationship among market-clearing prices of final goods and the associated domestic and imported intermediates due to their dependence on trade policies through production linkage. There arises a local price externality, and a government uses a combination of trade policies to manipulate the local equilibrium price for domestically-sourced intermediates in the trading partner country to its advantage. The third chapter focuses on the trade policy implications of international profit-shifting, and detects another form of local price externality. Here I show that a government unilaterally chooses an inefficient mix of trade policies on final goods and the associated intermediates to manipulate its local prices so as to induce international profit-shifting in its favor. Both chapters call for the potential of trade agreements beyond the conventional market-access argument associated with the terms-of-trade theory. To achieve globally efficient outcomes through trade agreements, I propose to specify the market access using the trade-weighted version of terms of trade so that governments effectively coordinate in changing the value-added created from trade within production chains in a reciprocal manner.

Book The Political Economy of Trade Policy

Download or read book The Political Economy of Trade Policy written by Robert C. Feenstra and published by MIT Press. This book was released on 1996 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection which addresses salient topics including market distortions, income distribution, and the political process of policy-making. Sections and Contributors Market Distortions, T. N. Srinivasan. Paul A. Samuelson. Paul R. Krugman * Trade and Income Distribution, Douglas A. Irwin. Richard A. Brecher and Ehsan U. Choudri. Robert C. Feenstra and Gordon H. Hanson. Earl L. Grinols * Perspectives on Political Economy, Robert E. Baldwin. Peter Diamond * Models of Political Economy and Trade, Gene M. Grossman and Elhana Helpman. John Douglas Wilson. B. Peter Rosendorff. Arvind Panagariya and Ronald Findlay

Book Essays on the Causes and Consequences of Trade Policies

Download or read book Essays on the Causes and Consequences of Trade Policies written by Lorenzo Rotunno and published by . This book was released on 2013 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on the International Trading System

Download or read book Essays on the International Trading System written by Pradeep S. Mehta and published by Cameron May. This book was released on 2004 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on Strategic Trade Policies

Download or read book Essays on Strategic Trade Policies written by Delia Ionascu and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Current Issues In Global Agricultural And Trade Policy  Essays In Honour Of Timothy E  Josling

Download or read book Current Issues In Global Agricultural And Trade Policy Essays In Honour Of Timothy E Josling written by David Blandford and published by World Scientific. This book was released on 2021-02-02 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current Issues in Global Agricultural and Trade Policy presents an authoritative perspective on matters that will contribute to the future shape of global markets for agricultural products. Written by a rare grouping of eminent and globally leading agricultural economists from a wide variety of backgrounds, the book provides an analytical overview of the academic and professional work of the late Timothy E Josling, an outstanding intellectual innovator.Areas covered in the book include farm policies of the EU and the USA, analysis of farm support and its effects, US trade policy for agricultural products, analysis of food security, implications of sanitary and phytosanitary measures, and relevance of geographical indications in international trade. The implications of the COVID-19 pandemic for agricultural trade policy are discussed in an endnote. This book throws light on some of the most impressive achievements of the agricultural economics profession.

Book Trade Policy  Trade Agreements  and Economic Growth  Essays in International Trade Theory

Download or read book Trade Policy Trade Agreements and Economic Growth Essays in International Trade Theory written by Eric W. Bond and published by World Scientific Publishing Company. This book was released on 2017-04-30 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the main contributions of Eric Bond in the areas of international trade policy, trade agreements, and economic growth. The central focus of this volume is the author's pioneering work on the role of differences in market power across countries in explaining incentives to join preferential trade agreements and the form of trade agreements. Other topics include the interactions of physical and human capital accumulation in determining trade patterns and growth rates and the impact of non-tariff measures on international trade and investment. The volume also gives insights into the role of firm heterogeneity in domestic and international trade.