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Welfare Implications Of Trade Policies
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Book Synopsis Handbook of Deep Trade Agreements by : Aaditya Mattoo
Download or read book Handbook of Deep Trade Agreements written by Aaditya Mattoo and published by World Bank Publications. This book was released on 2020-09-23 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).
Book Synopsis Trade Policy and Economic Welfare by : Warner Max Corden
Download or read book Trade Policy and Economic Welfare written by Warner Max Corden and published by Oxford : Clarendon Press. This book was released on 1974 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this classic text on international economics has been substantially revised and updated to take account of the considerable activity in this field over the last two decades. Three new chapters discuss trade policy and the environment, strategic trade policy, and tradepolicy and the exchange rate. Corden also analyzes in detail the many arguments for protection.
Book Synopsis Welfare Implications of Trade Policies by : Mohammad Shahid Alam
Download or read book Welfare Implications of Trade Policies written by Mohammad Shahid Alam and published by . This book was released on 1979 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Policy, Income Risk and Welfare by : Tom Krebs
Download or read book Trade Policy, Income Risk and Welfare written by Tom Krebs and published by World Bank Publications. This book was released on 2005 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the relationship between trade policy and income risk. Finally, a simple dynamic incomplete-market model is used to assess the corresponding welfare costs. In the implementation of this methodology using Mexican data, we find that trade policy changes have a significant short run effect on income risk. Further, while the tariff level has an insignificant mean effect, it nevertheless changes the degree to which macroeconomic shocks affect income risk"--NBER website
Book Synopsis A Practical Guide to Trade Policy Analysis by : Marc Bacchetta
Download or read book A Practical Guide to Trade Policy Analysis written by Marc Bacchetta and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development
Book Synopsis Global Trade Policy by : Pamela J. Smith
Download or read book Global Trade Policy written by Pamela J. Smith and published by John Wiley & Sons. This book was released on 2013-07-09 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a unique, question-based format, Global Trade Policy offers accessible coverage of the key questions in trade and policy; it charts the changing policy landscape and evolving institutional arrangements for trade policies, examines trade theory, and provides students with an economic framework to better understand the current issues in national and international trade policy. Uses a unique, question-based format to explore the questions and current debates in international trade policy and their implications Explores trade theory to help guide discussions of trade policy, including traditional theories of inter-industry trade, as well as newer theories of intra-industry and intra-firm trade Examines the national and international effects of widely used policies designed to directly and indirectly affect trade, and considers the evolving institutional arrangements for these Charts the changing policy landscape from traditional trade policies – such as tariffs, quantitative restrictions, and export subsidies – to those including intellectual property rights, labor, the environment, and growth and development policies Covers national as well as global perspectives and their interaction, helping to explain opposing views on trade policy and liberalization Includes applied exercises enabling students to explore open-ended and realistic questions of policy debate, making it ideal for classroom use; an instructor’s manual and a range of other resources are available at www.wiley.com/go/globaltradepolicy
Book Synopsis Trade Policy and Global Poverty by : William R. Cline
Download or read book Trade Policy and Global Poverty written by William R. Cline and published by Peterson Institute. This book was released on 2004 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Free trade can help 500 million people escape poverty and inject.
Book Synopsis Understanding the Welfare Implications of Preferential Trade Agreements by : M. Ayhan Kose
Download or read book Understanding the Welfare Implications of Preferential Trade Agreements written by M. Ayhan Kose and published by . This book was released on 1999 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Policy and Economic Welfare by : W. Max. Corden
Download or read book Trade Policy and Economic Welfare written by W. Max. Corden and published by Oxford University Press. This book was released on 1997-02-20 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this classic text on international economics includes three completely new chapters on the environment and trade policy, strategic trade policy, and the relationship between trade policy and the exchange rate. The first edition introduced a number of ideas into policy circles; the new edition has been shortened and substantially revised to point up the themes that have subsequently become prominent in discussions of free trade and protection. Trade Policy and Economic Welfare expounds the normative theory of trade policy. It includes discussion of static and dynamic arguments for protection; effects of trade policy on income distribution, monopoly, X-efficieny, foreign investment and capital accumulation; protection of advanced-technology industries; the choice between tariffs and subsidies as methods of protection. The chapters are self-contained to allow flexible use of the book in teaching undergraduate courses on international trade and the economics of developing countries.
Book Synopsis Trade, Welfare, and Economic Policies by : Murray C. Kemp
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 Synopsis International Trade Policy by : David Greenaway
Download or read book International Trade Policy written by David Greenaway and published by London : Macmillan. This book was released on 1983 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Methodology for Impact Assessment of Free Trade Agreements by : Michael G. Plummer
Download or read book Methodology for Impact Assessment of Free Trade Agreements written by Michael G. Plummer and published by Asian Development Bank. This book was released on 2011-02-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.
Book Synopsis The Regionalization of the World Economy by : Jeffrey A. Frankel
Download or read book The Regionalization of the World Economy written by Jeffrey A. Frankel and published by University of Chicago Press. This book was released on 2007-12-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.
Book Synopsis International Trade: Welfare and trade policy by : J. Peter Neary
Download or read book International Trade: Welfare and trade policy written by J. Peter Neary and published by . This book was released on 1995 with total page 658 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Employment and Welfare Effects of Foreign Trade Policy by : John Harmon Mutti
Download or read book The Employment and Welfare Effects of Foreign Trade Policy written by John Harmon Mutti and published by . This book was released on 1974 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on International Trade and Policy by : Mian Muhammad Farrukh Raza
Download or read book Essays on International Trade and Policy written by Mian Muhammad Farrukh Raza and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Leaders around the world have introduced various trade policies including subsidies, tariffs, anti-dumping duties or price undertakings throughout the trade history. These trade policies have benefitted states in different ways. For example, some countries achieved economic development by supporting their firms through various subsidies and helping them to enhance their product qualities and become competitive in the international market. Whereas, in other cases leaders engage in imposing tariffs - a policy helps leaders to protect their producers and generate revenue. Such trade policies are not only limited to the benefits; however, they may incur costs too. As such, the imposition of trade policies affects the social welfare of all parties engaged in trade. Recently, we have seen that US-China engaged in a trade war where the United States has imposed tariff duties against China, and China responded with its tariffs on US products. This trade war has affected the social welfare one way or another. Such trade practices in the past have led scholars to address questions related to trade policies. Despite the work on trade policies, there is still a wide variety of questions yet to be answered regarding trade policies. This dissertation address three important questions related to international trade policies and their impact on social welfare. The first chapter is motivated by the observation of the quality difference between imported and local products in Pakistan. This chapter addresses the question of whether import-competing markets where foreign products are of high quality, are domestic firms doomed to produce low-quality products? What are policy options available to an importing country government that has the multiple objectives of maximizing consumer surplus, domestic profit and welfare, besides generating product quality reversal? Using a duopoly framework of vertical product differentiation, we analyze and compare three policy options: an import tariff, free trade, and a quality-upgrading R&D subsidy. We identify the conditions under which the quality-based R&D subsidy policy is a win-win-win strategy in that consumer surplus, domestic profit, and social welfare are all at their maximum levels, in addition to product quality reversal. The second chapter is motivated by the contemporary US-China trade war and its welfare implications. This paper analyzes differences in welfare implications between import tariffs and antidumping (AD) duties within a unified model of trade in quality-differentiated products under international duopoly. Specifically, the model allows for product quality choices by two competing firms located separately in a developed country (DC) and a less-developed country (LDC), where there is a different degree of international market competition. We show that dumping arises as an LDC firm sells a low-quality product that is "dumped" into the DC market. Compared to import tariffs, imposing AD duties (based on the dumping margin) by the DC government makes its firm better off. Whether DC consumers are better off and whether there is welfare improvement for DC are shown to depend on the degree of market competition. We further identify conditions under which a tariff policy is preferred over an AD policy (or the other way around) from the world perspective of welfare. The third paper investigates which types of firms (DC or LDC) tend to practice dumping, using a two-market equilibrium model of trade in "like" products with quality differentiation. Specifically, within the framework of duopolistic competition between a DC firm and an LDC firm, we show that the DC firm sells a high-quality product without practicing dumping. In contrast, the LDC firm sells a low-quality product that is dumped into the DC market at a price less than the price of the product in its LDC market. The imposition of antidumping duties by the DC government increases domestic welfare. It is welfare increasing to LDC when its exporting firm accepts a price-undertaking, rather than practicing dumping. From the perspective of world welfare, defined by aggregating the welfare of DC and LDC as trading partners, the trade damage measure of an antidumping policy is Pareto superior to free trade (under which dumping takes place) and price-undertakings.
Book Synopsis Regionalism in Trade Policy by : Arvind Panagariya
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.
