Welfare Reducing Trade and Optimal Trade Policy

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Welfare Reducing Trade and Optimal Trade Policy by : E. Kwan Choi

Download or read book Welfare Reducing Trade and Optimal Trade Policy written by E. Kwan Choi and published by . This book was released on 1998 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade Policy and Economic Welfare

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Publisher : Oxford : Clarendon Press
ISBN 13 :
Total Pages : 448 pages
Book Rating : 4.:/5 (321 download)

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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.

A Practical Guide to Trade Policy Analysis

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Publisher :
ISBN 13 : 9789287038128
Total Pages : 0 pages
Book Rating : 4.0/5 (381 download)

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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

Trade Policy and Economic Welfare

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Publisher : Oxford University Press
ISBN 13 : 0191638943
Total Pages : 318 pages
Book Rating : 4.1/5 (916 download)

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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.

Trade, Welfare, and Economic Policies

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Publisher : University of Michigan Press
ISBN 13 : 9780472103645
Total Pages : 434 pages
Book Rating : 4.1/5 (36 download)

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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

International Trade Policy with Imperfect Competition

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis International Trade Policy with Imperfect Competition by : Richard W. T. Pomfret

Download or read book International Trade Policy with Imperfect Competition written by Richard W. T. Pomfret and published by . This book was released on 1992 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Trade Policy Reform

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 552 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Theory of Trade Policy Reform by : Carsten Kowalczyk

Download or read book The Theory of Trade Policy Reform written by Carsten Kowalczyk and published by Edward Elgar Publishing. This book was released on 2001 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: While its treatment of the effects of policy changes on key economic indicators is academic, the literature on theory of trade policy reform "is motivated by concrete policy challenges ... and has informed policy." Kowalczyk (international economics, Tufts U.) introduces two types of reform (concertina and radial), the main policy and analytic issues, and how these 32 articles contribute to their understanding. Reprinted from economic journals and books from 1953-94, they address eight themes: early contributions to the theory of reform; welfare effects of tax and price changes; results of reform and national welfare; world welfare and trade reform; coalitions, welfare, and trade reform; quotas, tariffs, and reform; reform of government production and revenue; and reform in multi-household economies. Lacks a subject index. c. Book News Inc.

Handbook of Commercial Policy

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Publisher : Elsevier
ISBN 13 : 0444639268
Total Pages : 600 pages
Book Rating : 4.4/5 (446 download)

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Book Synopsis Handbook of Commercial Policy by :

Download or read book Handbook of Commercial Policy written by and published by Elsevier. This book was released on 2016-11-02 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Commercial Policy explores three main topics that permeate the study of commercial policy. The first section presents a broad set of basic empirical facts regarding the pattern and evolution of commercial policy, with the second section investigating the crosscutting legal issues relating to the purpose and design of agreements. Final sections cover key issues of commercial policy in the modern global economy. Every chapter in the book provides coverage from the perspectives of multilateral, and where appropriate, preferential trade agreements. While most other volumes are policy-oriented, this comprehensive guide explores the ways that intellectual thinking and rigor organize research, further making frontier-level synthesis and current theoretical, and empirical, research accessible to all. - Covers the research areas that are critical for understanding how the world of commercial policy has changed, especially over the last 20 years - Presents the way in which research on the topic has evolved - Scrutinizes the economic modeling of bargaining and legal issues - Useful for examining the theory and empirics of commercial policy

Optimal Trade Policy, Equilibrium Unemployment and Labor Market Inefficiency

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Optimal Trade Policy, Equilibrium Unemployment and Labor Market Inefficiency by : Wisarut Suwanprasert

Download or read book Optimal Trade Policy, Equilibrium Unemployment and Labor Market Inefficiency written by Wisarut Suwanprasert and published by . This book was released on 2016 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do politicians advocate trade protections to save domestic jobs when neoclassical trade models suggest that small open economies should implement free trade? The novel insight of this paper is that trade protections can be rationalized as a second-best policy that improves the domestic welfare when the equilibrium unemployment is different from the constrained efficient unemployment. To understand this puzzle, I incorporate a Diamond-Mortensen-Pissarides frictional labor market into the standard Heckscher-Ohlin model of International Trade. The model offers four main findings. First, when the relative price of the labor (capital)-intensive good increases, equilibrium unemployment decreases (increases). Second, a labor market in a competitive equilibrium is constrained-efficient when the Hosios condition is satisfied. Third, a capital-abundant country with inefficiently high unemployment can experience welfare losses from trade. Conditional upon having the same observed trade share, a labor-abundant country with inefficiently high unemployment experiences extra welfare gains from international trade. Finally and most importantly, when the labor market in a small open economy generates inefficiently high equilibrium unemployment, the optimal trade policy is an import tariff in a capital-abundant country and an export subsidy in a labor-abundant country. Free trade is optimal only when a labor market is initially efficient. The model's predictions are supported by patterns of tariffs in WTO member countries.

Trade Policy Issues and Empirical Analysis

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Publisher : University of Chicago Press
ISBN 13 : 0226036510
Total Pages : 392 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Trade Policy Issues and Empirical Analysis by : Robert E. Baldwin

Download or read book Trade Policy Issues and Empirical Analysis written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.

International Trade Policy

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis International Trade Policy by : David Robertson

Download or read book International Trade Policy written by David Robertson and published by . This book was released on 1972 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unionization and Strategic Trade Policy

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Unionization and Strategic Trade Policy by : Phillip Swagel

Download or read book Unionization and Strategic Trade Policy written by Phillip Swagel and published by International Monetary Fund. This book was released on 2000-03 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the effect of unionization on welfare and trade policy in a model of duopolists competing in a third market. It shows that the traditional result that the presence of a union necessitates a stronger strategic trade policy to reach the optimal level of welfare depends on the mode of competition. With Bertrand duopolists, a union can be welfare-improving; it can also lead to a weaker trade policy, or even reverse the direction of the optimal policy. The results highlight the importance for trade policy of understanding the nature of firm behavior and the institutional features of the labor market.

The Structure and Evolution of Recent U.S. Trade Policy

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Publisher : University of Chicago Press
ISBN 13 : 0226036537
Total Pages : 452 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The Structure and Evolution of Recent U.S. Trade Policy by : Robert E. Baldwin

Download or read book The Structure and Evolution of Recent U.S. Trade Policy written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff measures. It provides a better understanding of how trade policies operate, how effective they are, and what their costs and benefits are to trading nations. The contributors chart the history of U.S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and export-promoting policies such as export credits and domestic international sales corporations (DISCs). The final section of essays examines the worldwide impact of import policies, pointing out subtleties in industry-specific policies and providing insight into the levels of protection in developing countries. The contributors blend state-of-the-art economics with language that is accessible to the business community, economists, and policymakers. Commentaries accompany each paper.

Handbook on International Trade Policy

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 568 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Handbook on International Trade Policy by : William Alexander Kerr

Download or read book Handbook on International Trade Policy written by William Alexander Kerr and published by Edward Elgar Publishing. This book was released on 2007 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on trade policy issues in the era of globalization. This work deals with international trade issues, discusses the literature on the subject, and explores major controversies. It is suitable for researchers, academics, policymakers and practitioners concerned with international trade policy.

Trade and Foreign Investment Policies Under Imperfect Competition

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Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Trade and Foreign Investment Policies Under Imperfect Competition by : Santiago Levy

Download or read book Trade and Foreign Investment Policies Under Imperfect Competition written by Santiago Levy and published by . This book was released on 1989 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

the challenge of reducing international trade and migration barriers

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 69 pages
Book Rating : 4./5 ( download)

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Book Synopsis the challenge of reducing international trade and migration barriers by : Kym Anderson

Download or read book the challenge of reducing international trade and migration barriers written by Kym Anderson and published by World Bank Publications. This book was released on 2008 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: While barriers to trade in most goods and some services including capital flows have been reduced considerably over the past two decades, many remain. Such policies harm most the economies imposing them, but the worst of the merchandise barriers (in agriculture and textiles) are particularly harmful to the world's poorest people, as are barriers to worker migration across borders. This paper focuses on how costly those anti-poor trade policies are, and examines possible strategies to reduce remaining distortions. Two opportunities in particular are addressed: completing the Doha Development Agenda process at the World Trade Organization (WTO), and freeing up the international movement of workers. A review of the economic benefits and adjustment costs associated with these opportunities provides the foundation to undertake benefit/cost analysis required to rank this set of opportunities against those aimed at addressing the world's other key challenges as part of the Copenhagen Consensus project. The paper concludes with key caveats and suggests that taking up these opportunities could generate huge social benefit/cost ratios that are considerably higher than the direct economic ones quantified in this study, even without factoring in their contribution to alleviating several of the other challenges identified by that project, including malnutrition, disease, poor education and air pollution.

Trade Policy and Market Structure

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Publisher : MIT Press
ISBN 13 : 9780262580984
Total Pages : 212 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis Trade Policy and Market Structure by : Elhanan Helpman

Download or read book Trade Policy and Market Structure written by Elhanan Helpman and published by MIT Press. This book was released on 1989-03-30 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This sequel to Market Structure and Foreign Trade examines the new international trade's applied side. It provides a compact guide to models of the effects of trade policy in imperfectly competitive markets, as well as an up-to-date survey of existing knowledge, which is extended by the authors' useful interpretations of the results.