Download or read book Optimal tariffs with smuggling written by Johnson, Michael E. and published by Intl Food Policy Res Inst. This book was released on 2015-12-25 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utilizing a spatial multi-market model for rice in Nigeria that explicitly takes into account the potential for smuggling, in this paper we analyze the welfare implications of alternative rice tariff rates given the government’s goals of spurring domestic production and reducing imports. Because smuggling occurs through the diversion of imports from Lagos, the official port of entry in the south, to the north, our modeling framework also captures the spatial effects of higher tariffs on changes in rural and urban prices, production and consumption, the flow of trade in rice, and welfare across different parts of the country. Results show that tariff rates that exceed about 40 percent introduce some smuggling of rice through the north when smuggling becomes more profitable than importing through official channels in the south. It is also at this tipping point that government tariff revenues are maximized. At higher tariff rates with smuggling, the south experiences greater welfare losses, especially in urban areas.
Download or read book Tariffs and Smuggling in a Model of Differentiated Products Trade written by Bijit K. Bora and published by . This book was released on 1988 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Agricultural and Wildlife Smuggling written by Peyton Ferrier and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States bans imports of certain agricultural and wildlife goods that can carry pathogens or diseases or whose harvest can threaten wildlife stocks or endanger species. Despite these bans, contraband is regularly uncovered in inspections of cargo containers and in domestic markets. This study characterizes the economic factors affecting agricultural and wildlife smuggling by drawing on inspection and interdiction data from USDA and the U.S. Fish and Wildlife Service and existing economic literature. Findings reveal that agricultural and wildlife smuggling primarily include luxury goods, ethnic foods, and specialty goods, such as traditional medicines. Incidents of detected smuggling are disproportionately higher for agricultural goods originating in China and for wildlife goods originating in Mexico. Fragmentary data show that approximately 1 percent of all commercial wildlife shipments to the United States and 0.40 percent of all U.S. wildlife imports by value are refused entry and suspected of being smuggled.
Download or read book Monopoly Power in Domestic Production Smuggling and the Non equivalence Between Tariffs and Quotas written by Harvey Lapan and published by Dép. d'économique, Université Laval. This book was released on 1995 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Pure Theory of International Trade and Distortions Routledge Revivals written by Bharat Hazari and published by Routledge. This book was released on 2016-02-05 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1978. This book provides a simple, systematic, yet rigorous treatment of the key aspects of the pure theory of international trade and distortions. The opening chapter presents the standard two-factor, two-commodity barter model of international trade and a comprehensive treatment of the important properties and relationships. The rest of the book consists of four sections: parts One and Two are devoted to an analysis of factor market imperfections, and Parts Three and Four consider the trade-theoretical consequences of product market imperfections. A concluding chapter presents some generalised theorems. This book would be of interest to students of economics.
Download or read book Illegal Transactions in International Trade written by Jagdish N. Bhagwati and published by Elsevier. This book was released on 2014-05-12 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies in International Economics, Volume 1: Illegal Transactions in International Trade: Theory and Measurement embraces the theoretical, empirical, and econometric aspects of international economic analysis. The selection first elaborates on a theoretical analysis of smuggling, an alternative proof of the Bhagwati-Hansen results on smuggling and welfare, and smuggling and trade policy. Discussions focus on optimal tariff and revenue questions, legal trade eliminated by smuggling, legal trade co-existing with smuggling, overinvoicing and underinvoicing of transactions, and smuggling and welfare. The text then examines overinvoicing, underutilization, and distorted industrial growth, fiscal policies, faking of foreign trade declarations, and the balance of payments, and accuracy of economic observations. Topics include statistics of foreign commodity trade, trade tariffs and subsidies, effect on capital complexity, industrial employment and output growth, implications for industrial development, effective exchange rate for capital imports, and foreign-exchange profits of overinvoicing. The manuscript ponders on tariffs and smuggling in Indonesia and the problems of assessing unrecorded trade, including complications in comparing partners' trade accounts, measuring recorded values of all products, market impact of smuggling, and methods for detecting smuggling. The selection is a valuable source of data for researchers interested in international trade.
Download or read book Handbook on Trade and Development written by Oliver Morrissey and published by Edward Elgar Publishing. This book was released on 2015-05-29 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Handbook comprehensively explores the complex relationships between trade and economic performance in developing countries, illustrating that it is not trade per se that is important but the context, at the firm, country and regional level, in which trade occurs.
Download or read book Macroeconomic Consequences of Tariffs written by Davide Furceri and published by International Monetary Fund. This book was released on 2019-01-15 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using a panel of annual data that spans 151 countries over 1963-2014. We find that tariff increases lead, in the medium term, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result in more unemployment, higher inequality, and real exchange rate appreciation, but only small effects on the trade balance. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies, and when tariffs go up, not down. Our results are robust to a large number of perturbations to our methodology, and we complement our analysis with industry-level data.
Download or read book International Trade and National Welfare written by Murray C. Kemp and published by Routledge. This book was released on 2013-01-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: When can a country be said to benefit from free trade? This question has obsessed economists for more than 200 years, and a definitive answer has never been provided. Continuing the influential work begun in The Gains from Trade and the Gains from Aid, (Routledge 1995), Murray Kemp here presents the recent progress he and his co-workers have made in tackling this important question.
Download or read book Trade Distortion and Growth written by and published by Concept Publishing Company. This book was released on with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade written by Jagdish N. Bhagwati and published by Penguin (Non-Classics). This book was released on 1969 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anthology of readings on the economic theory of international trade economics - explores the theoretical foundations of the heckschern-ohlen model of comparative advantage, and covers free trade, trade policy, tariff analysis, trade and economic development, etc. References.
Download or read book Informal cross border trade in Africa How much Why And what impact written by Bouet, Antoine and published by Intl Food Policy Res Inst. This book was released on 2018-12-21 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Informal cross-border trade (ICBT) represents a prominent phenomenon in Africa. Several studies suggest that for certain products and countries, the value of informal trade may meet or even exceed the value of formal trade. This paper provides a review of existing efforts to measure informal trade. We list 18 initiatives aimed at measuring ICBT in Africa. The paper also summarizes discussions conducted with many stakeholders in Africa between December 2016 and May 2018 regarding the measurement, the determinants, and the implications of ICBT. The methodologies used to measure ICBT in Africa differ widely, but they do confirm that informal trade in Africa is both sizeable and volatile. Both evidence on the determinants of ICBT and discussions with stakeholders suggest that policies should aim to reduce the existing costs associated with formal trade and provide positive incentives for traders and producers to move into the formal economy in order to avoid the loss of economic potential stemming from informal trade.
Download or read book The Gulliver Effect and the Optimal Divergence Approach to Trade Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-10-20 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relevant “size” of an economy is affected by its environment. A country could be small in the world economy yet become big in relation to its smaller neighbors, imposing on them its relative price structure and the consequences of its trade policies. We examine here the consequences of such a “Gulliver” effect, looking at the case of Nepal whose economy is closely linked to the economy of India. Since India’s protective policies are not optimal for Nepal, we consider the various alternatives for Nepal. The “optimal divergence” is for Nepal to allow the free import of intermediate and capital goods, while, for import-competing industries, it cannot depart from India’s trade policy.
Download or read book International Economics written by Henry Thompson and published by World Scientific. This book was released on 2001 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook describes and predicts production, trade and investment across countries. Using graphs and numerical examples, it describes the foundations of international trade and investment, including constant cost, neoclassical, and modern theories of production, industry and trade.
Download or read book International Business written by Oded Shenkar and published by SAGE. This book was released on 2008 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by two leading international business scholars, the Second Edition of International Business takes a truly global perspective that goes beyond the United States, presents the latest concepts, tools and events and adopts integrated and problem-solving approaches for all chapters. The book highlights the role of culture, politics and legal issues in international business and illustrates how they influence institutions, structures and processes that permeate all functions of business. This is the only international business textbook that offers dedicated discussion of small and mid-size international firms (where many students are likely to be employed) in addition to large multinational enterprises. It is also the only text to offer chapters on corruption, e-commerce, and international entrepreneurship. The book offers a highly integrated and action-focused approach to the field that helps the reader make explicit connections across concepts and functions, develops the skill to address various IB issues and problems, and most importantly, broadens understanding of the global business environment and its repercussions for executives. In addition to superior internal integration of the various issues discussed in the book (for example this may be the only IB text where the chapter on finance and accounting has specific references to culture and how it affects those functions), the book provides easy to understand links to functional business areas, thus enabling better integration within the BA or MBA business curriculum. This book is suitable for both undergraduate and graduate business students taking such courses as international business, international Management, Global Business, Global Business Strategy, Multinational Management, Foreign Direct Investment.
Download or read book International Business written by Ehud Menipaz and published by SAGE. This book was released on 2011-03-17 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is international business? How does it differ from local or national business? What are the fundamental challenges and emerging trends in international business? What is the impact of globalization, corporate social responsibility, and the ever expanding use of digital technology on corporate strategies and executive decisions? International Business: Theory and Practice addresses these questions by providing the student with a broad overview of the subject, while guiding readers through the practical issues and context of international business with the use of a range of examples, cases and discussion questions drawn from around the world. Current critical issues in international business are analysed and explored: corporate social responsibility in an era of unprecedented globalization, the rise of the global entrepreneur and the `democratization′ of competition worldwide, and applications of technology in a digital economy. Key Features: - Unpacks the complex issues facing both multi-national enterprises (MNE) and international small and medium enterprises (SME) - Contains a full range of learning features including international case studies, explanations of key terms, a glossary, and annotated further reading - A dedicated companion website with material to support both lecturers and students.
Download or read book Lectures on International Trade second edition written by Jagdish N. Bhagwati and published by MIT Press. This book was released on 1998-09-28 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: The greatest strength of this thoroughly revised and expanded edition of Lectures on International Trade is its rigorous algebraic and geometric treatment of the various models and results of trade theory. The authors, who now include Arvind Panagariya, offer both policy insights and empirical applications. They have added nine entirely new chapters as well as new sections to several existing chapters (e.g., a greatly expanded treatment of the growing theory of preferential trade agreements).
