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Are Capital Goods Tariffs Different
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Book Synopsis Are Capital Goods Tariffs Different? by : Sergii Meleshchuk
Download or read book Are Capital Goods Tariffs Different? written by Sergii Meleshchuk and published by International Monetary Fund. This book was released on 2020-05-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure to a quasi-natural experiment induced by a trade reform in Colombia, we find that firms that have been more exposed to a reduction in intermediate and consumption input or output tariffs do not significantly increase their investment rates. However, firms’ investment rate increase strongly in response to a reduction in capital goods input tariffs. Firms do not substitute capital with labor, but instead also increase employment, especially for production workers. Reduction in other tariff rates do not increase investment and employment. Our results suggest that a reduction in the relative price of capital goods can significantly boost investment and employment and does not seem to lead to a decline in the labor share.
Book Synopsis The Price of Capital Goods: A Driver of Investment Under Threat by : Weicheng Lian
Download or read book The Price of Capital Goods: A Driver of Investment Under Threat written by Weicheng Lian and published by International Monetary Fund. This book was released on 2019-06-28 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show that the decline in the relative price of tangible tradable capital goods provided a significant impetus to the capital deepening that took place during the same time period. The broad-based decline in the relative price of machinery and equipment, in turn, was driven by the faster productivity growth in the capital goods producing sectors relative to the rest of the economy, and deeper trade integration, which induced domestic producers to lower prices and increase their efficiency. Our findings suggest an additional channel through which rising trade tensions and sluggish productivity could threaten real investment growth going forward.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1498306101 Total Pages :216 pages Book Rating :4.4/5 (983 download)
Book Synopsis World Economic Outlook, April 2019 by : International Monetary Fund. Research Dept.
Download or read book World Economic Outlook, April 2019 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2019-04-09 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. China’s growth declined following a combination of needed regulatory tightening to rein in shadow banking and an increase in trade tensions with the United States. The euro area economy lost more momentum than expected as consumer and business confidence weakened and car production in Germany was disrupted by the introduction of new emission standards; investment dropped in Italy as sovereign spreads widened; and external demand, especially from emerging Asia, softened. Elsewhere, natural disasters hurt activity in Japan. Trade tensions increasingly took a toll on business confidence and, so, financial market sentiment worsened, with financial conditions tightening for vulnerable emerging markets in the spring of 2018 and then in advanced economies later in the year, weighing on global demand. Conditions have eased in 2019 as the US Federal Reserve signaled a more accommodative monetary policy stance and markets became more optimistic about a US–China trade deal, but they remain slightly more restrictive than in the fall.
Book Synopsis Post-Uruguay Round Tariff Regimes Achievements and Outlook by : OECD
Download or read book Post-Uruguay Round Tariff Regimes Achievements and Outlook written by OECD and published by OECD Publishing. This book was released on 1999-10-27 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides trade negotiators with an indispensable tool that will help them formulate their negotiating objectives and strategies in the area of tariffs; it also provides policy analysts with key data that are necessary to define negotiating scenarios and to impute the impacts.
Download or read book International Commerce written by and published by . This book was released on 1970 with total page 1334 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Commerce Weekly written by and published by . This book was released on 1945-06 with total page 1374 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Free Trade Under Fire by : Douglas A. Irwin
Download or read book Free Trade Under Fire written by Douglas A. Irwin and published by Princeton University Press. This book was released on 2020-04-14 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated look at global trade and why it remains as controversial as ever Free trade is always under attack, more than ever in recent years. The imposition of numerous U.S. tariffs in 2018, and the retaliation those tariffs have drawn, has thrust trade issues to the top of the policy agenda. Critics contend that free trade brings economic pain, including plant closings and worker layoffs, and that trade agreements serve corporate interests, undercut domestic environmental regulations, and erode national sovereignty. Why are global trade and agreements such as the Trans-Pacific Partnership so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that run rampant in the debate over trade and gives readers a clear understanding of the issues involved. In its fifth edition, the book has been updated to address the sweeping new policy developments under the Trump administration and the latest research on the impact of trade.
Book Synopsis Tariff Structure, Intermediate Goods, and China–U.S. Trade Friction by : Haichao Fan
Download or read book Tariff Structure, Intermediate Goods, and China–U.S. Trade Friction written by Haichao Fan and published by Routledge. This book was released on 2021-03-29 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the interconnection of tariff structure, international trade and welfare evaluation, the book investigates the characteristics of tariff structures of China and the U.S. in recent years and measures the impact of the Sino–U.S. trade friction that started in 2018. The first part of the book discusses levels and evolution trends of tariff systems of China and the U.S. from 2000 to 2014 and makes a comparison between the two countries' tariff structures. The second part centers on the Sino–U.S. trade friction in 2018, analyzing its development, overall impact on welfare, and relevant impact mechanisms. The author draws on the quantitative analysis method currently prevailing in the field of international trade, taking global value chains, intermediate goods, and variable markup into consideration. In contrast to the research conclusion applying standard trade theory, the result indicates that either unilateral imposition of additional tariffs or bilateral tariff friction will give rise to the deteriorated welfare level of both countries. The book will appeal to academics and policy makers interested in international trade, China–U.S. relation and the trade friction.
Book Synopsis India's Economic Reforms, 1991-2001 by : Vijay Joshi
Download or read book India's Economic Reforms, 1991-2001 written by Vijay Joshi and published by Oxford University Press. This book was released on 1996 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- Stabilization policy -- Fiscal policy and trade policy -- Financial sector reform -- Industrial policy and factor markets -- The social sectors, poverty, and reform -- Summary and afterthoughts.
Book Synopsis Sino-Mexican Trade Relations by : Yi Liu
Download or read book Sino-Mexican Trade Relations written by Yi Liu and published by Springer. This book was released on 2017-05-27 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book undertakes two main tasks. First, it provides an overview of Sino-Mexican trade and economic relations since the normalization of diplomatic relations in the 1980s. Second, it presents a re-evaluation of Mexico’s trade policies with China, from the import substitution industrialization (ISI) period in the early 1990s to the strengthening of economic and trade relations in recent years. Both aspects are addressed within a unified framework by documenting historical events and conducting empirical analyses throughout Mexico’s economic development, which has been characterized by both growth and stagnation. The book analyzes the Sino-Mexican trade conflicts and cooperation by examining cases of antidumping (AD) and flows of international trade, and by addressing the current obstacles.
Book Synopsis OECD Economic Surveys: Brazil 2018 by : OECD
Download or read book OECD Economic Surveys: Brazil 2018 written by OECD and published by OECD Publishing. This book was released on 2018-02-28 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strong growth and remarkable social progress over the past two decades have made Brazil one of the world’s leading economies, despite the deep recession that the economy is now emerging from. However, inequality remains high and fiscal accounts have deteriorated substantially, calling for ...
Book Synopsis Foreign Trade and Tariff Proposals by : United States. Congress. House. Committee on Ways and Means
Download or read book Foreign Trade and Tariff Proposals written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1968 with total page 790 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economy-wide Modeling of the Economic Implications of a FTA with Mexico and a NAFTA with Canada and Mexico by :
Download or read book Economy-wide Modeling of the Economic Implications of a FTA with Mexico and a NAFTA with Canada and Mexico written by and published by . This book was released on 1992 with total page 788 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The symposium included nearly all of the research by computable general equilibrium (CGE) modelers currently involved in studying the NAFTA as well as one macroeconomic forecasting model of a FTA with Mexico ... The first volume is a critical review and summary prepared by the Commission staff ... Thesecond volume is an addendum of all the papers submitted by the authors and discussants' written comments"--Vol. 1, preface.
Book Synopsis Tracking Gender Equity Under Economic Reforms by : Swapna Mukhopadhyay
Download or read book Tracking Gender Equity Under Economic Reforms written by Swapna Mukhopadhyay and published by IDRC. This book was released on 2003 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles on women employees in economic development process in South Asia.
Book Synopsis Economic Development in East and Southeast Asia by : Seiji Naya
Download or read book Economic Development in East and Southeast Asia written by Seiji Naya and published by Institute of Southeast Asian. This book was released on 1990 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reflects the wide range of development issues and problems of the economies of East and Southeast Asia whose dynamic performances have caught the attention of many around the world. It also serves to honour Professor Shinichi Ichimura for his dedication and many contributions to creating a better understanding of the development issues faced by the countries in the region. Both the editors and all of the contributors in this book have worked with Professor Ichimura at one time or another.
Book Synopsis Central American report number 1 (Subregional Integration Report Series. MCCA = Serie Informes Subregionales de Integración. MCCA; 1) by :
Download or read book Central American report number 1 (Subregional Integration Report Series. MCCA = Serie Informes Subregionales de Integración. MCCA; 1) written by and published by BID-INTAL. This book was released on 2000 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Role of Government in the Industrialization of Iraq 1950-1965 (RLE Economy of Middle East) by : Ferhang Jalal
Download or read book The Role of Government in the Industrialization of Iraq 1950-1965 (RLE Economy of Middle East) written by Ferhang Jalal and published by Routledge. This book was released on 2015-05-08 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1950 the governments of Iraq have attempted vigorously to develop the economy and have stressed industrial development. Here Dr Ferhang Jalal discusses, analyses and appraises a number of policies adopted by the government of Iraq designed to promote the growth of the industrial sector. The policies were of two kinds: the establishment of enterprises financed, constructed and operated by the government; and the encouragement of the expansion of private industrial enterprises through provision of finance, by way of tax exemptions of all kinds, through controls over the allocation of investment, and by protecting them from foreign competition. The author discusses the extent to which investment programmes formulated by planners were able to be implemented, and analyses in detail the factors facilitating and those constraining a more rapid rate of industrial growth.
