15,817 results on '"Trade Barrier"'
Search Results
2. Palm oil trade restrictiveness index and its impact on world palm oil exports
- Author
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Hakimah Nur Ahmad Hamidi, Norlin Khalid, and Zulkefly Abdul Karim
- Subjects
non-tariff measures ,tariff ,trade ,trade barrier ,vegetable oil ,Agriculture - Abstract
Despite numerous attempts to remove tariff and non-tariff barriers, the average number of barriers in the agricultural sector, particularly in the palm oil sector, is rising. Non-tariff effects are subjective, which makes them challenging to quantify. A new palm oil trade restrictiveness index that considers each trade barrier imposed on palm oil exports, such as tariff and non-tariff measures, is necessary to facilitate the sector's exports. Hence, this study aims to calculate the trade restrictiveness index (TRI) of palm oil and analyse its impact on Malaysia's and Indonesia's palm oil exports. This study uses a gravity model with Poisson pseudo-maximum likelihood (PPML) estimation to analyse the impact of trade barriers on world palm oil export for a sample of 59 major palm oil importing countries from 2009 to 2019. The study revealed that each importing country imposes different restrictions on Malaysia and Indonesia. The TRI showed a negative and significant relationship influencing palm oil exports in the case of Malaysia, while a positive and significant relationship for Indonesia. The policy implications of this study suggest that policymakers in both Malaysia and Indonesia should take proactive steps to comply with every criterion demanded by the importing country.
- Published
- 2024
- Full Text
- View/download PDF
3. Palm oil trade restrictiveness index and its impact on world palm oil exports.
- Author
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HAMIDI, HAKIMAH NUR AHMAD, KHALID, NORLIN, and KARIM, ZULKEFLY ABDUL
- Subjects
- *
TRADE regulation , *AGRICULTURAL industries , *GRAVITY model (Social sciences) , *PETROLEUM industry , *TARIFF , *INTERNATIONAL trade , *EXPORTS , *VEGETABLE oils - Abstract
Despite numerous attempts to remove tariff and non-tariff barriers, the average number of barriers in the agricultural sector, particularly in the palm oil sector, is rising. Non-tariff effects are subjective, which makes them challenging to quantify. A new palm oil trade restrictiveness index that considers each trade barrier imposed on palm oil exports, such as tariff and non-tariff measures, is necessary to facilitate the sector's exports. Hence, this study aims to calculate the trade restrictiveness index (TRI) of palm oil and analyse its impact on Malaysia's and Indonesia's palm oil exports. This study uses a gravity model with Poisson pseudo-maximum likelihood (PPML) estimation to analyse the impact of trade barriers on world palm oil export for a sample of 59 major palm oil importing countries from 2009 to 2019. The study revealed that each importing country imposes different restrictions on Malaysia and Indonesia. The TRI showed a negative and significant relationship influencing palm oil exports in the case of Malaysia, while a positive and significant relationship for Indonesia. The policy implications of this study suggest that policymakers in both Malaysia and Indonesia should take proactive steps to comply with every criterion demanded by the importing country. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
4. How does non-market economy structure work as a trade barrier?
- Author
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Oh, Saesin, Lee, Dongwoo, and Kim, Sang-Kee
- Subjects
TRADE regulation ,CAPITALISM ,ECONOMIC structure ,GOVERNMENT business enterprises ,SOCIAL services - Abstract
This study investigates the effect of a non-market economy structure on the duopoly competition in which a foreign private firm competes with a state-owned enterprise in a non-market economy. By comparing with Singh and Vives (1984) and Matsumura and Ogawa (2012), we find that the non-market economic structure can function as a trade barrier and cause foreign firms to face discriminatory competition. The transition from a non-market economy to a market economy may sacrifice social welfare, which implies no more Pareto improvement. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
5. Can raising trade barriers curb industrial pollution emissions?
- Author
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Wang, Shuhong, He, Yuqing, and Chen, Hanxue
- Subjects
EMISSIONS (Air pollution) ,TRADE regulation ,INDUSTRIAL energy consumption ,ECONOMIC development ,INDUSTRIAL pollution ,INTERNATIONAL trade - Abstract
The development of foreign trade and industrial pollution control is an important theme of government governance today. Based on the institutional background of rising international trade protectionism, this study examines the impact of trade barriers on industrial pollution emissions by using different measurement methods and data from 16 industrial sectors in 10 major countries. The results show that lowering trade barriers can significantly reduce industrial pollution emissions, considering the impact of potential endogenous problems. Heterogeneity analysis shows that reducing trade barriers in developed countries can reduce industrial SO
2 -emission intensity, while the opposite is true in developing countries. Trade barriers have the greatest effect on the pollution-emission intensity of technology-intensive industries, followed by labor-intensive and capital-intensive industries. Mechanism analysis shows that trade barriers affect industrial pollution-emission intensity through both pollution emission and industrial output and that energy-use intensity and biased technological progress are important mechanisms. This study provides a useful reference for governments to promote foreign trade development and ecological and environmental protection. [ABSTRACT FROM AUTHOR]- Published
- 2023
- Full Text
- View/download PDF
6. THE EU-JAPAN EPA AND THE QUESTION OF FORMAL AND INFORMAL TRADE BARRIERS FOR EUROPEAN BUSINESSES IN JAPAN
- Author
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Erja Kettunen and Claes G. Alvstam
- Subjects
eu ,japan ,epa ,trade barrier ,formal ,informal ,tbt ,Social Sciences ,Philosophy. Psychology. Religion - Abstract
This study focuses on how technical barriers to trade (TBT) are addressed in recent EU-Japan Economic Partnership Agreement (EPA). We analyze the pre- and post-EPA trade policies and the contested issues in Japan from the viewpoint of European businesses. An eclectic theoretical approach is adopted to study the economic, political and social aspects of trade barriers. Whereas formal trade barriers, such as tariffs and codified non-tariff barriers are easily discernible, the subtler informal trade barriers derive from social norms that guide administrative practices and are hard to measure, and largely neglected in recent research. Based on expert interviews, policy documents, and European business surveys, we observe that the enforcement of EPA in Japan lags behind concerning certain TBTs such as standards, approvals and testing. The findings suggest that informal trade barriers, often linked with investment barriers, have a bearing in the theorization on trade policies and free trade agreements.
- Published
- 2023
- Full Text
- View/download PDF
7. Temporary trade barriers and enterprise export market changes: evidence from China.
- Author
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Wanwan, Zhao, Yanan, Zhou, and Yongliang, Zhao
- Subjects
TRADE regulation ,EXPORT marketing ,SECONDARY markets ,BUSINESS enterprises ,DUMPING (International trade) ,COMMERCIAL policy - Abstract
In theory, previous studies believed that the export market of enterprises was homogeneous. There is no difference in each export market, which is obviously inconsistent with the actual trade situation. This paper divides the export market of enterprises into main export market and secondary export market according to the export status, explores the export changes of enterprises to the main export market and secondary export market respectively when the temporary trade barriers of the main export market to the trade exporting country are raised. This paper focuses on the impact of the main export market on the anti-dumping degree, countervailing level and the improvement of trade safeguard measures on the export conversion of enterprises between the main and secondary markets. The research shows that the increase of the anti-dumping degree of the main market against the trade exporting countries will lead to the higher probability of role exchange between the main and secondary markets; The countervailing level of the main market against the trade exporting countries rises, and the export of enterprises is more likely to turn to the secondary market; The greater the trade safeguard measures in the main market, the more likely the secondary market will become the main market. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
8. THE EU-JAPAN EPA AND THE QUESTION OF FORMAL AND INFORMAL TRADE BARRIERS FOR EUROPEAN BUSINESSES IN JAPAN.
- Author
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Kettunen, Erja and Alvstam, Claes G.
- Subjects
- *
TRADE regulation , *FREE trade , *COMMERCIAL treaties , *PARTNERSHIP agreements , *INDUSTRIAL surveys - Abstract
This study focuses on how technical barriers to trade (TBT) are addressed in recent EU-Japan Economic Partnership Agreement (EPA). We analyze the pre- and post-EPA trade policies and the contested issues in Japan from the viewpoint of European businesses. An eclectic theoretical approach is adopted to study the economic, political and social aspects of trade barriers. Whereas formal trade barriers, such as tariffs and codified non-tariff barriers are easily discernible, the subtler informal trade barriers derive from social norms that guide administrative practices and are hard to measure, and largely neglected in recent research. Based on expert interviews, policy documents, and European business surveys, we observe that the enforcement of EPA in Japan lags behind concerning certain TBTs such as standards, approvals and testing. The findings suggest that informal trade barriers, often linked with investment barriers, have a bearing in the theorization on trade policies and free trade agreements. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
9. Globalization, Capital Accumulation, and Terms of Trade
- Author
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Farmer, Karl, Schelnast, Matthias, Farmer, Karl, and Schelnast, Matthias
- Published
- 2021
- Full Text
- View/download PDF
10. US-China trade friction and agricultural nitrogen loss in China.
- Author
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Wang, Juanli, Yu, Shuao, Elbakidze, Levan, Xin, Yaru, Song, Shixiong, and Ma, Yongxi
- Subjects
FARM produce exports & imports ,AGRICULTURE ,NITROGEN fertilizers ,AGRICULTURAL productivity ,INTERNATIONAL trade ,AGRICULTURAL prices - Abstract
Agricultural production, trade and environmental quality are interdependent. The US and China have been the world largest trade partners. However, trade tensions and interest in protectionist policies intensified in recent years. We use a price endogenous partial equilibrium model to systematically examine the impact of increased Chinese tariff on agricultural imports from the US on nitrogen (N) loss in China. The results show that a 25% tariff on US soybean imports increases the acreage of major crops in China by 1.37%. Although aggregate crop acreage increases, the impact on cumulative nitrogen fertilizer uses and the corresponding N loss from cropland is not significant as less N-intensive soybean acreage replaces some of the more N-intensive crops like wheat. However, our estimates show significant heterogeneity in N loss across Chinese provinces, ranging from 0.05% to 2.97% increase. These results identify provinces where remediation measures may be needed to effectively manage the potential increase in nitrogen loss associated with greater soybean production. • The tariff on soybean imports from the US increases soybean and corn production in China. • The tariff has a small but positive effect on N use and loss in China. • The increase in N loss varies across regions in China from 0.05 to 3%. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
11. Water Footprint Analysis Under Dual Pressures of Carbon Mitigation and Trade Barrier: A CGE‐Based Study for Yangtze River Economic Belt.
- Author
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Fu, Yupeng, Huang, Guohe, Zhai, Mengyu, Li, Jianyong, and Pan, Xiaojie
- Subjects
TRADE regulation ,WATER analysis ,CARBON taxes ,COMPUTABLE general equilibrium models ,IMPORT taxes ,WATER shortages ,ENERGY intensity (Economics) - Abstract
Facing the dual pressures of carbon mitigation and trade barrier, it is desired that variations of water footprints (WFs) with the related policy interferences be investigated in Yangtze River Economic Belt (YREB). In this study, a factorial equilibrium WFs model is developed to (a) tackle the interactive effects (on blue‐ and gray‐WFs) of different policy alternatives presented as multiple levels of carbon tax and import tariff; (b) explore the variations of blue‐ and gray‐WFs in specific socio‐economic sectors under multiple scenarios of the dual pressures; and (c) investigate the provincial WFs from the perspective of commodity consumption. It is found that increased import tariffs can boost the WFs of primary energy and resource‐conversion sectors, and can promote inter‐sectoral virtual‐water exchanges; carbon tax can suppress the WFs for most of the sectors, and can result in entirely declined industrial production. Moreover, carbon tax can lead to reduced water productivity in YREB, and thus exacerbate water shortage. Through this research, desired policies for water‐footprint management policies could be identified with maximized socio‐economic and environmental benefits. Key Points: A factorial equilibrium water footprint (WF) model for exploring the contributions of multiple policy alternatives on changes in WFs is proposedHigh carbon tax may sacrifice China's economy; trade barrier between China and the US may lead to negative impacts on China's food securityCarbon tax and trade barrier would reduce the blue WFs in the upper reach and would have opposite effects on the gray WFs in the lower reach [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
12. The competitiveness of China's seaweed products in the international market from 2002 to 2017
- Author
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Huiyu Kang, Zhengyong Yang, and Zhiyi Zhang
- Subjects
Ecology ,business.industry ,Commodity ,Balance of trade ,International trade ,Revealed comparative advantage ,Product differentiation ,Aquatic Science ,Southeast asian ,Product (business) ,Seaweed farming ,business ,Trade barrier ,Ecology, Evolution, Behavior and Systematics - Abstract
China is the most productive seaweed farming country in the world and her seaweed imports and exports have a significant impact on global seaweed trade commodities and food security. Nevertheless, few studies had delved into the main characteristics and development of China's seaweed farming industry. This paper aims to narrow this research gap by analyzing trade patterns in China's seaweed products and the international competitiveness of seaweed product by using the international market share index (IMS), the trade competitiveness index (TC), and revealed comparative advantage index (RCA) from 2002 to 2017. The results showed that Japan, the Association of Southeast Asian Nations (ASEAN), Chile, Peru, and the Republic of Korea are China's main trade partners, the total trade value of China's seaweed products has grown rapidly, its imports have gradually exceeded exports, the trade deficit continues to expand, and its competitiveness keeps decreasing. The reasons for this trend may include the changing seaweed trade commodity structure, product differentiation, increased government support in competing countries, and trade barriers among the trade partners. We propose actively expanding international trade markets, establishing a strong seaweed product processing industry to develop high value-added seaweed products, optimizing the trade commodity structure, and differentiating of seaweed products to improve the competitiveness of China's seaweed products.
- Published
- 2023
13. International Treaty Precedence
- Author
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Smyth, Stuart J., Kerr, William A., Phillips, Peter W. B., Zilberman, David, Series editor, Goetz, Renan, Series editor, Garrido, Alberto, Series editor, Smyth, Stuart J., Kerr, William A., and Phillips, Peter W. B
- Published
- 2017
- Full Text
- View/download PDF
14. Murky trade waters: Regional tariff commitments and non-tariff measures in Africa
- Author
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Frederik Stender and Tim Vogel
- Subjects
Economic integration ,Liberalization ,Geography, Planning and Development ,tariff overhang ,Tariff ,Aerospace Engineering ,Technical barriers to trade ,Competitor analysis ,International economics ,Development ,trade policy substitution ,import regulation ,non-tariff measures ,International free trade agreement ,economic integration ,ddc:330 ,Business ,tariff liberalisation ,Trade barrier - Abstract
In several African regions, economic integration has successfully reduced tariff protection by freezing the opportunity to raise applied tariffs against fellow integration partners above those promised. In this paper, we examine whether the regional tariff commitments on the continent have come at the expense of adverse side-effects on the prevalence of other – non-tariff – trade barriers. More specifically, regional tariff commitments have not only amplified applied tariff overhangs – the difference between Most Favoured Nation (MFN) bound tariffs and effectively applied tariffs – for African members of the World Trade Organization (WTO), but have also sharply reduced their tariff policy space within Africa, thus leaving regulatory policies such as sanitary and phytosanitary (SPS) measures and technical barriers to trade (TBT) as two of the few legitimate options to level the playing field with market competitors. Comparing the effects of applied tariff overhangs towards all vis-à-vis African trading partners on SPS and TBT notifications of 35 African WTO members between 2001 and 2017, we find no overall relationship between tariff overhangs and import regulation in our preferred model setting. By contrast, larger tariff overhangs specific to intra-African trade relations have a significant share in increasing the probability of SPS measures and TBT. Our findings have important implications for future Pan-African integration under the recently launched African Continental Free Trade Area (AfCFTA) in that success in fostering continental economic integration does not exclusively depend on the realisation of tariff liberalisation, but at the same time on a mindful coordination with non-tariff provisions., Discussion Paper
- Published
- 2022
15. Export von Pflanzen und pflanzlichen Erzeugnissen aus Deutschland: Sicherung des bestehenden Handels und Marktöffnungsverfahren.
- Author
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Kirsch, Nadine, Krügener, Silke, Rudloff, Jan Eike, Schwan, Juliette, Ritter, Anabel, and Brenken, Ann-Christin
- Subjects
- *
PHYTOSANITATION , *PLANT products , *INTERNATIONAL trade , *RISK assessment , *PESTS , *PLANTING , *APPLES - Abstract
With the continually growing international trade, which facilitates the introduction and spread of pests, requirements to minimize the risk of spreading pests are becoming increasingly important and trade barriers may emerge. As a result, phytosanitary aspects are becoming increasingly important for maintaining existing trade with plants and plant products and for the opening of new markets. The mandatory framework is mainly formed by the phytosanitary import regulations of third countries, but also by international standards. If the importing country has not established phytosanitary import regulations for a specific commodity, these can be negotiated and established in the course of a market opening procedure and the conduction of an appropriate pest risk analysis. At the best, a market access can be achieved. The individual steps of a market opening procedure are described and, based on three classes of goods important for Germany (apples, cereals and potatoes), it is shown which pests are relevant for third countries and which phytosanitary measures must be taken to prevent the spread of these pests. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
16. What Factors Can Explain the Rising Spatial Disparity in Economic Activities in China?
- Author
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Yang, Lihong, Cheng, Jinwen, Yu, Linhui, and Li, Chenhua
- Abstract
This paper explores the impact of spatial externalities in shaping China's economic geography by establishing a theoretical framework that contains regional productivity, trade barriers and local amenities to capture spatial externalities between different regions over time. Combining provincial data on bilateral trade flows with observed information about economic geography during the period 1998–2013, we estimate the distribution and marginal contribution of each explanatory factor. Empirical results suggest that regional labor density and wage are positively related to exogenous productivity and amenities, and negatively related to trade barriers. Meanwhile, variation in the marginal contribution of exogenous productivity and amenities and trade barriers reflects the regional temporal–spatial features in China's recent marketization process. Therefore, the Chinese government should place more emphasis on absorbing advanced technologies and reducing inter‐regional market barriers to promote balanced regional development and improve the efficiency of China's spatial resource allocation. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
17. Influencing Factors and Development Potentials of Sports Goods Export Between China and the Countries along "the Belt and Road": A Test Based on the Extended Trade Gravity Model.
- Author
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JI Wenting and REN Wenlong
- Subjects
GRAVITY model (Social sciences) ,SPORTING goods ,EXPORTS ,INTERNATIONAL trade ,POLITICAL stability - Abstract
The extended trade gravity model is used and the multinational panel data from 2008 to 2017 are selected to explore the influencing factors of China's export of sporting goods along "the Belt and Road" countries. "The Belt and Road" country's theoretical export value of sporting goods in 2017 is measured. Through the ratio of the actual export value to the theoretical export value, the export potential of sporting goods in 48 countries is classified. The results show that: the GDP of bilateral countries, the scores of political stability and absence of violence/terrorism of the exporting countries, the degree of openness of the exporting countries, and whether or not they join the WTO, have the positive effects on the export of sporting goods. The distance between the two countries hindered on the export of sporting goods. Among the 48 sample countries in the study, 19 countries have great potential, and China's export to them is far from enough to meet the demand, leaving a large market space. 11 countries are potential pioneers, and China's sports goods trade with them can be further explored to expand export markets; 18 countries are potential re-models, with limited trade potential from China. It is believed that it is necessary to continue to strengthen the positive trade factors, eliminate trade barriers, and cultivate new energy for the growth of sports goods foreign trade with high-quality sports goods. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
18. On the impact of non-tariff measures on trade performances of the African agri-food sector.
- Author
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Santeramo, Fabio Gaetano and Lamonaca, Emilia
- Subjects
- *
COMMERCE , *CONTRAST effect - Abstract
The increasing interest of policymakers and academics on non-tariff measures (NTMs) has stimulated a growing literature on their effects on the agri-food trade of African countries. The empirical evidence, however, is ambiguous: some studies suggest that NTMs are trade barriers and others suggest they have a catalyst role for trade. Understanding the drivers of these contrasting effects, and the prevailing one, would allow one to draw important conclusions. We review, through a meta-analytical approach, a set of empirical studies that quantify the effects of NTMs on African agri-food trade. We find a prevalence of the trade-impeding effects. Our results also help explaining differences in NTMs' effects due to methodological and structural heterogeneity. Moreover, the effects of NTMs vary across the types of NTMs and analysed commodities. We conclude by comparing our findings with existing literature and emphasise which research areas deserve further investigation, such as intra-Africa trade or trade effects of technical NTMs. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
19. Six Degrees of Integration: How Closely Will the TTIP Integrate the Transatlantic Market?
- Author
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Lester, Simon, Herrmann, Christoph, Series editor, Krajewski, Markus, Series editor, Terhechte, Jörg Philipp, Series editor, and Bungenberg, Marc, editor
- Published
- 2016
- Full Text
- View/download PDF
20. Low Level Presence Under the WTO
- Author
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Kerr, William A., Zilberman, David, Series editor, Goetz, Renan, Series editor, Garrido, Alberto, Series editor, Kalaitzandonakes, Nicholas, editor, Phillips, Peter W.B., editor, Wesseler, Justus, editor, and Smyth, Stuart J., editor
- Published
- 2016
- Full Text
- View/download PDF
21. Business Lobbying and EU Trade Governance in a World of Global Value Chains
- Author
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Eckhardt, Jappe and Eckhardt, Jappe
- Published
- 2015
- Full Text
- View/download PDF
22. Institutions and Trade Policy: A Review
- Author
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Wruuck, Patricia and Wruuck, Patricia
- Published
- 2015
- Full Text
- View/download PDF
23. European Integration and Developing Countries: A Survey of International Students
- Author
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Butaney, Gul, Eshghi, Abdolreza, Gandhi, Vineet, Academy of Marketing Science, Sirgy, M. Joseph, editor, Bahn, Kenneth D., editor, and Erem, Tunc, editor
- Published
- 2015
- Full Text
- View/download PDF
24. Key Factors for Successful Marketing in Japan
- Author
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Rao, C. P., Oumlil, A. Ben, Academy of Marketing Science, and Malhotra, Naresh K., editor
- Published
- 2015
- Full Text
- View/download PDF
25. How Borders Affect the World
- Author
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Guo, Rongxing and Guo, Rongxing
- Published
- 2015
- Full Text
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26. International Production and Sourcing
- Author
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Morschett, Dirk, Schramm-Klein, Hanna, Zentes, Joachim, Morschett, Dirk, Schramm-Klein, Hanna, and Zentes, Joachim
- Published
- 2015
- Full Text
- View/download PDF
27. The Impacts of the U.S. Trade War on Chinese Exporters
- Author
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Xiaxin Wang, Yang Jiao, Zhiwei Tian, and Zhikuo Liu
- Subjects
Trade war ,History ,Economics and Econometrics ,Polymers and Plastics ,technology, industry, and agriculture ,food and beverages ,Tariff ,International economics ,Industrial and Manufacturing Engineering ,Business ,Business and International Management ,Trade barrier ,Product standard ,health care economics and organizations ,Social Sciences (miscellaneous) - Abstract
This paper studies the impacts of the 2018 U.S. tariff surges on export prices and adjustments of sales across different markets of Chinese exporters. The finding that U.S. tariffs did not affect the free-on-board price of Chinese exports is robust to controlling for firm-related fixed effects. While firms' exports to the U.S. dropped significantly, exports to the E.U. increased moderately and domestic sales or exports to other foreign markets were barely affected. Finally, by surveying managers of exporting firms, we shed light on potential impediments to firms' adjustments of export prices and sales.
- Published
- 2022
28. Stuck outside the single market; Evidence from firms in central and eastern Europe
- Author
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Wessel N. Vermeulen
- Subjects
Border effect ,Economics and Econometrics ,Member states ,Survey data collection ,Resizing ,International economics ,Business ,Single market ,Trade barrier - Abstract
Border effects on firms’ performance are typically estimated following reduced barriers to trade, for instance due to new trade agreements. This paper estimates a border effect on increasing barriers for firms located outside of a new external EU border following the 2004 and 2007 EU enlargement. In a repeated cross-section of three flows of EBRD-World Bank survey data, the study encompasses 23 border regions in 10 countries, four of which bordered new EU/Schengen countries. Taking border transformations as exogenous changes to firms’ environments, and focusing on small and medium-sized enterprises near borders, the results indicate that five years after enlargement, firms in non-EU member states near a new external EU border experienced a fall in sales of 40% and exports of 70% relative to firms near borders that did not change. Firms on the EU side of the same border experienced no such negative effect. Ten years after enlargement, the negative effects effectively disappeared.
- Published
- 2022
29. The Law of One Food Price
- Author
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Kenneth W. Clements, Hai Long Vo, and Jiawei Si
- Subjects
Market integration ,International Comparison Program ,Economics and Econometrics ,Order (exchange) ,Agriculture ,business.industry ,Currency ,Law of one price ,Food prices ,Economics ,Monetary economics ,Trade barrier ,business - Abstract
Are food prices more or less equalised across countries? In view of obvious barriers to trade (both naturally occurring and of a man-made nature) and currency gyrations, the answer would seem to be an unambiguous “No”, but we show this question is worthy of further investigation. In order for the law of one price (LOP) to hold, domestic prices must respond one-for-one to changes in world prices and exchange rates, but this is usually prevented by variations in mark-ups and/or trade barriers. We use data on consumer prices from the International Comparison Program and producer prices from the Food and Agriculture Organization to test for the LOP for food. While not completely conclusive, these tests show the various market wedges appear to be insufficiently important to prevent food prices to equalise over the longer term.
- Published
- 2022
30. Why There Is No ‘Principle of Mutual Recognition’ in EU Law (and Why that Matters to Consumer Lawyers)
- Author
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Weatherill, Stephen, Purnhagen, Kai, Series editor, and Rott, Peter, editor
- Published
- 2014
- Full Text
- View/download PDF
31. Estimating Augmented Trade Restrictiveness Indices to Evaluate Impacts of Non-Tariff Barrier for ASEAN Countries and Their Major Trading Partners.
- Author
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ZAINUDDIN, MUHAMAD RIAS K. V., KHALID, NORLIN, and SARMIDI, TAMAT
- Subjects
INTERNATIONAL trade ,COMMERCE ,LEAST squares ,COMMERCIAL policy ,COUNTRIES - Abstract
This paper tries to empirically evaluate the effects of non-tariff barriers (NTBs) on trade inflow by constructing augmented trade restrictiveness indices (ATRI) for ASEAN countries and their major trading partners for the year 2016. This study employs econometric estimation to estimate the ad-valorem equivalent (AVE) for NTBs and then uses mathematical calculations to measure the ATRI of the respective countries and sectors. Findings show that the previous calculation of trade restrictiveness indices (TRI) is bias towards large positive values, and the current study has overcome these issues by making some modifications in the formula. Results illustrate that poorer countries had imposed more restricted trade policies. It is obvious that NTBs have a vital role in influencing trade flows as the ATRI recorded on average, 17% higher value when we consider the existence of NTBs. Ordinary Least Square (OLS) regression supports our hypothesis that an increase in ATRI leads to reduction in imports. Hence, detailed analysis of NTBs is deemed necessary as it shapes the international trade flow. [ABSTRACT FROM AUTHOR]
- Published
- 2019
32. How the trade barrier changes environmental costs of agricultural production: An implication derived from China's demand for soybean caused by the US-China trade war.
- Author
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He, Rongrong, Zhu, Dan, Chen, Xiaowei, Cao, Yue, Chen, Yuanquan, and Wang, Xiaolong
- Subjects
- *
ENVIRONMENTAL economics , *AGRICULTURAL productivity , *INDUSTRIAL costs , *SOYBEAN , *FOOD transportation , *ENVIRONMENTAL indicators - Abstract
International trade is always affected by the frequently occurring trade barriers arising across the world. One such instance is when the US-China trade war formally began on July 6, 2018. Soybean was viewed as an important weapon of the Chinese government to cope with the United States (US) in the trade war, given the huge quantity of soybean imported from the US to China. This study is interested in the possible global and domestic environmental costs of China's demand for soybean caused by the trade barrier and considers the different strategies China could implement. The results showed that a change in international soybean trade would lead to the obvious growth of global environmental costs in the short term due to the soybean surplus in the US and the increased food transportation mileage. If the problem of surplus soybean in the US could be resolved, global environmental costs would decrease in the long term due to the comparative advantages of Brazil and Argentina over the US in regard to some environmental indicators of soybean production. Increasing China's soybean self-sufficiency by replacing existing maize crops with soybean would be the best strategy for improving global and domestic environmental costs. This study provides a research basis for policy-making to replenish the Chinese soybean deficit while considering the effects on the environment, and the findings of this study reveal the following implications: (1) a trade barrier among nations normally increases the global environmental costs of agricultural production in the short term; and (2) a rational crop layout and a sustainable cropping system at the global level would improve the environmental performance of the global agricultural system. • Influence of trade barrier to global environmental cost is analyzed. • Soybean trade affected by US-China trade war is selected as an ideal case. • Trade barrier leads to a growth of global environmental costs in short-term. • Economic war damages the sustainability of global agricultural production. • Replacing maize with soybean would be the best strategy for China and world. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
33. Foreign trade barriers and jobs in global supply chains.
- Author
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KÜHN, Stefan and VIEGELAHN, Christian
- Subjects
INTERNATIONAL trade ,OCCUPATIONS ,SUPPLY chains ,LABOR market - Abstract
This article uses ILO global supply chain job estimates to study the impact on domestic jobs of foreign barriers to trade in goods and services. Empirical analysis largely confirms predictions derived from a theoretical model calibrated to WIOD data for 2000 and 2011. Barriers to trade in manufacturing and services are both found to have a cross‐border impact on jobs in their own sector and spill‐over effects in other sectors, the latter becoming stronger over time. This article shows the labour market consequences of the increased interconnectedness of countries and sectors through global supply chains, which suggests that trade policy can have significant external effects on foreign labour markets. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
34. The Impact of China-Africa Trade on the Productivity of African Firms
- Author
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Pierre Mohnen, Jun Hou, Xiaolan Fu, RS: GSBE other - not theme-related research, and QE Econometrics
- Subjects
Economic integration ,total factor productivity ,productivity spillover ,050204 development studies ,Geography, Planning and Development ,International trade and water ,International trade ,Development ,Ghana ,Ghana manufacturing firms ,L113 Economic Policy ,0502 economics and business ,Trade ,050207 economics ,Trade barrier ,Free trade ,Productivity ,Comparative advantage ,Commercial policy ,business.industry ,05 social sciences ,International economics ,South– ,Manufacturing ,International free trade agreement ,South trade ,L100 Economics ,Business ,trade ,south-south trade - Abstract
Using firm- and industry-level panel data, this study investigates the impact of the Ghana-China trade on labour productivity of Ghanaian manufacturing firms and compares it to the impact induced by the trade of Ghana with the OECD. The main findings suggest that the productivity effect in Ghanaian manufacturing firms triggered by engaging in international trade activities is contingent upon the industrial competitive advantage and the trading partners. The empirical results show that trading with China creates greater potentials for Ghanaian manufacturing firms to raise productivity in comparison to trading with OECD countries. Higher intensities of imports from China stimulate productivity gains while more exports to China only enhance productivity in industries in which Ghana has a comparative advantage.
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- 2022
35. Green merger and acquisition and export expansion: Evidence from China's polluting enterprises
- Author
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Juan Lu
- Subjects
Environmental Engineering ,Renewable Energy, Sustainability and the Environment ,Subsidy ,Export performance ,Industrial and Manufacturing Engineering ,Margin (finance) ,Environmental governance ,Geographical distance ,Scale (social sciences) ,Environmental Chemistry ,Business ,Trade barrier ,China ,Industrial organization - Abstract
Under the influence of international green trade barriers, export scale of China's heavily polluting enterprises is reduced. How to improve the export vitality and corporate image of polluting enterprises? Different from the existing studies, this paper focuses on green merger and acquisition (green M&A) of polluting enterprises which can quickly obtain clean enterprise resources, and compares the impact of different green M&A modes on export performance and export margin by refining the frequency, scale and geographical characteristics of green M&A. First, based on propensity score matching - double difference (PSM-DID) method, this paper finds that green M&A can increase export performance. The frequency and scale of green M&A are positively correlated with export performance. Geographic distance of green M&A enterprises is negatively correlated with export performance. Second, green M&A can increase export performance by promoting green innovation, government subsidies and bank financing capacity, and reduce export performance by increasing environmental governance costs. Third, by comparing different green M&A, this paper finds that horizontal green M&A can increase more exports than vertical green M&A. Forth, further compare the impact of green M&A on export binary margin, it is found that green M&A can promote export-expansion margin and has a U-shaped relationship on export-intensive margin. The conclusion is of great significance to improve export performance of polluting enterprises, and provides an empirical basis for adjusting green M&A strategy.
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- 2022
36. Effect of Forest Certification on International Trade in Forest Products
- Author
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Jiaojiao Chen, Lanhui Wang, Lingchao Li, Juliana Magalhães, Weiming Song, Wenming Lu, Lichun Xiong, Wei-Yew Chang, and Yujun Sun
- Subjects
forest certification ,gravity model ,PPML estimation ,export competitive ,trade barrier ,asymmetric trade effect ,Plant ecology ,QK900-989 - Abstract
Forest certification plays an important role in the global trade of legal, sustainably harvested timber. There is no accurate definition of how international forest certification systems impact international trade from a global perspective. This paper is intended to evaluate the influence of forest certification on international trade, so that it can provide a scientific basis for the improvement of the international forest certification systems and for the development of relevant forestry industries in different countries. First, the influence of forest certification on international trade of forest products is explained in the economic model; hence, four hypotheses are put forward. Second, to test these hypotheses, we verify the panel data of bilateral trade and forest certification of all forest products among 67 economies from 2009 to 2018 by incorporating forest certifications into the gravity model. Finally, tests by country groups and product groups were further analyzed, respectively. The results show that: (1) The extended Poisson pseudo maximum likelihood (PPML) estimation solves the problem of the heteroscedasticity and zero trade value problems of the gravity model well in the forest industry. (2) Forest certification has an export competitive effect, a trade barrier effect, as well as common language effect. (3) Forest certification has asymmetric trade effects. The export competitive effect of forest certification in developing countries is greater than that in developed countries. Forest certification has become a trade barrier for developing countries, especially in the process of trade with developed countries. The common language effect is higher during the trade between developed and developing countries. The export competitive effect of wood products is higher than that of furniture products. Forest certification has trade barrier effect on wood products in developing countries, while it has trade barrier effect on furniture products in developed countries.
- Published
- 2020
- Full Text
- View/download PDF
37. Concluding Remarks
- Author
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Wruuck, Patricia and Wruuck, Patricia
- Published
- 2015
- Full Text
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38. International Restrictions on Trade in Energy
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Machiel Mulder
- Subjects
Productive efficiency ,Competition (economics) ,media_common.quotation_subject ,Economics ,Production (economics) ,International economics ,Allocative efficiency ,Trade barrier ,Welfare ,Energy policy ,media_common ,Unit (housing) - Abstract
When international trade in energy is restricted, several negative welfare effects may occur. Removing trade barriers, therefore, can contribute to the functioning of energy markets. This chapter first discusses the negative effects of international trade barriers on productive efficiency (i.e. costs per unit of production), allocative efficiency (i.e. intensity of competition and international differences in prices) and security of supply (Sect. 10.3). Then, Sect. 10.4 discusses what kind of international trade barriers exist in energy markets and by what kind of regulatory measures these barriers may be reduced. Among others, attention is paid to both network extension and a higher utilization of existing infrastructure. Finally, this Chapter analyses the implications of an improved international integration of markets for the effectiveness of national energy policies (Sect. 10.5).
- Published
- 2023
39. Can regional trade integration facilitate renewable energy transition to ensure energy sustainability in South Asia?
- Author
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Muntasir Murshed
- Subjects
Renewable energy ,South asia ,Natural resource economics ,020209 energy ,02 engineering and technology ,Foreign direct investment ,Cross-sectional dependency ,020401 chemical engineering ,Renewable energy transition ,0202 electrical engineering, electronic engineering, information engineering ,Economics ,Slope heterogeneity ,0204 chemical engineering ,Trade barrier ,Consumption (economics) ,Expediting ,business.industry ,Fossil fuel ,Intra-regional trade ,Energy sustainability ,TK1-9971 ,General Energy ,Electrical engineering. Electronics. Nuclear engineering ,Electricity ,business - Abstract
This paper primarily aimed to assess the impacts of regional trade integration on the prospects of undergoing renewable energy transition in selected South Asian economies between 1992 and 2015. The overall results from the econometric analyses, controlling for the cross-sectional dependency and slope heterogeneity issues, highlight the importance of promoting intra-regional trade among the South Asian economies to boost the renewable energy consumption shares and renewable electricity output shares in the total final energy consumption and aggregate electricity output figures, respectively. Besides, the non-linearity of the nexuses between intra-regional trade shares and renewable energy consumption shares and between intra-regional trade shares and renewable electricity output shares are also ascertained. The threshold intra-regional trade shares concerning the renewable energy consumption and renewable electricity output shares are predicted at 20.53% and 17.50%, respectively. However, the predicted threholds are significantly higher than the current average intra-regional trade share in South Asia. Moreover, the panel causality analysis reveals unidirectional causal relationships stemming from intra-regional trade shares to renewable energy consumption and renewable electricity output shares. Besides, greater FDI inflows are found to reduce the overall use of renewable energy while higher levels of economic growth and CO2 emissions are found to catalyze renewable energy use in South Asia. Furthermore, the results also implicate a non-linear U-shaped association between positive crude oil price shocks and renewable energy consumption and renewable electricity output shares. Therefore, these findings impose critically important policy implications for liberalizing the intra-regional trade barriers, reducing dirty foreign direct investment inflows, expediting economic growth, reducing fossil fuel dependency and abating carbon dioxide emissions to facilitate renewable energy transition in South Asia.
- Published
- 2021
40. India–European Union Trade Integration: An Analysis of Current and Future Trajectories
- Author
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Vijay Victor, Swetha Loganathan, and Joshy Joseph Karakunnel
- Subjects
business.industry ,Context (language use) ,International trade ,Development ,Protectionism ,Economics ,media_common.cataloged_instance ,European union ,Trade barrier ,business ,General Economics, Econometrics and Finance ,Economic interdependence ,Global environmental analysis ,media_common - Abstract
In a dynamic global environment of increased economic interdependence, nations are more than ever seeking to remove barriers to trade, despite growing trends of protectionism. In this context, India and the EU-27 have initiated talks for the establishment of a Bilateral Trade and Investment Agreement (BTIA) in an attempt to bring their economies together. However, after 16 rounds of negotiations, the failure to conclude this agreement has raised questions regarding the benefits of the agreement to India. This study attempts to examine the current trade scenario and the effects of the proposed regional trade agreement by estimating a structural gravity model. This study employs the Poisson Pseudo Maximum Likelihood (PPML) estimator for analysing the trade-creation and trade-diversion effects of the BTIA to overcome the shortcomings of ordinary least square (OLS) estimators. For the empirical analysis, the merchandise export data from the Gravity database has been taken for a period of 19 years from 2001 to 2019. The results indicate that the BTIA could lead to trade creation and trade diversion, highlighting the need for a re-evaluation of India’s trade policy. JEL Classification: F10, F13, F14, F15, O24
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- 2021
41. Local Protectionism, Market Structure, and Social Welfare: China’s Automobile Market
- Author
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Panle Jia Barwick, Shanjun Li, and Shengmao Cao
- Subjects
Competition (economics) ,Market structure ,Social Welfare ,Subsidy ,Business ,International economics ,Market share ,Trade barrier ,General Economics, Econometrics and Finance ,Protectionism ,Supply and demand - Abstract
While China has made great strides in transforming its centrally-planned economy to a market-oriented economy, there still exist widespread interregional trade barriers, such as policies and practices that protect local firms against competition from non-local firms. This study documents the presence of local protectionism and quantifies its impacts on market competition and social welfare in the context of China’s automobile market. This market exhibits a salient feature that vehicle models by joint ventures (JVs) and especially state-owned enterprises (SOEs) command much higher market shares in their headquarter province than at the national level. Through spatial discontinuity analysis at provincial borders, falsification tests, and consumer surveys, we first confirm protective policies such as subsidies to local brands as the primary contributing factor. We then set up and estimate a market equilibrium model to quantify the impact of local protection, controlling for other demand and supply factors. Counterfactual simulations show that local protection leads to significant choice distortions, resulting in 18.7 billion yuan of consumer welfare loss, amounting to 40% of total subsidy. Provincial governments face a prisoner’s dilemma: according to our estimates, local protection reduces aggregate social welfare, but the provincial governments have no incentive to unilaterally remove local protection.
- Published
- 2021
42. Globalization, Capital Accumulation, and Terms of Trade
- Author
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Farmer, Karl, Schelnast, Matthias, Farmer, Karl, and Schelnast, Matthias
- Published
- 2013
- Full Text
- View/download PDF
43. Do the Rules of International Trade Constrain Protection? Global Recession and EU Trade Policy
- Author
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Viju, Crina, Kerr, William A., DeBardeleben, Joan, editor, and Viju, Crina, editor
- Published
- 2013
- Full Text
- View/download PDF
44. Conclusion
- Author
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Kimbugwe, Kato, Perdikis, Nicholas, Yeung, May T., Kerr, William A., Kimbugwe, Kato, Perdikis, Nicholas, Yeung, May T., and Kerr, William A.
- Published
- 2012
- Full Text
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45. East African Firms’ Perceptions of NTBs
- Author
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Kimbugwe, Kato, Perdikis, Nicholas, Yeung, May T., Kerr, William A., Kimbugwe, Kato, Perdikis, Nicholas, Yeung, May T., and Kerr, William A.
- Published
- 2012
- Full Text
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46. Implications of rising trade tensions for FDI projects
- Author
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Emanuel Milet, Amelia U. Santos-Paulino, Emily J. Blanchard, and Claudia Trentini
- Subjects
Investment decisions ,Economics ,Differential (mechanical device) ,International economics ,Foreign direct investment ,Investment (macroeconomics) ,Trade barrier ,China ,Global value chain - Abstract
This paper offers preliminary evidence of the extent to which global FDI patterns have responded to the sharp increase in trade barriers since 2018, focusing in particular on the impact of new United States tariffs imposed on imports from China. Using detailed project-level data on new greenfield FDI as well as complementary research, this paper tracks the differential changes in FDI across countries and industries most affected by the trade tensions. There is some evidence of diversion to South-East Asia in specific industries, confirming findings of other research, but the aggregate effect on investment in China is limited and the overall effect on investment in South-East Asia is actually negative. A possible explanation lies in the importance of global value chain linkages as key determinants of firms’ investment decisions.
- Published
- 2021
47. De-Globalization, Welfare State Reforms and Labor Market Outcomes
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Catia Montagna, George E. Onwordi, and Hassan Molana
- Subjects
Labour economics ,media_common.quotation_subject ,F16 ,Welfare state ,General Business, Management and Accounting ,Globalization ,Unemployment ,Economics ,Open economy ,Aggregate income ,Trade barrier ,F6 ,General Economics, Econometrics and Finance ,Capital market ,Flexicurity ,media_common ,Research Article - Abstract
Within an open economy framework characterized by vertical linkages in production, and search frictions with two-sided heterogeneity in the labor market, raising trade barriers is shown to increase unemployment across skill levels and to reduce labor market participation and aggregate income. These effects are not necessarily moderated by maintaining frictionless mobility of capital across borders. We find that a flexicurity reform of a liberal welfare state can dampen the adverse effects of de-globalization.
- Published
- 2021
48. Dynamic effects of trade barriers with speculation on foreign currency: The case of Iran
- Author
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Mohammad Hossein Rahmati, Seyed Ali Madanizadeh, and Mehran Ebrahimian
- Subjects
Inflation ,media_common.quotation_subject ,Small open economy ,Devaluation ,Monetary economics ,General Business, Management and Accounting ,Currency crisis ,Exchange rate ,Currency ,Economics ,Trade barrier ,General Economics, Econometrics and Finance ,Productivity ,media_common - Abstract
This paper presents a small open economy, dynamic general equilibrium model with cash-in advance constraint and a currency attack to explain the dynamic effects of changes in trade barriers in the short and long run. The model is calibrated using data on macroeconomic variables in Iran's economy from 1990 to 2013 to identify and analyze the effects of barriers imposed on trade. We analyze the effects of counterfactual fiscal, monetary and exchange rate policies in response to trade barriers and show how the economy would respond in different time horizons. We also evaluate the effects of eliminating each of the factors causing this stagflation. Our findings show that the short-term drop in non-oil production is mostly due to the decline in total productivity and not trade barriers. On the other hand, barriers imposed on the trade of oil and non-oil goods had a considerable impact on the decline in non-oil production in the medium and long run, as well as the fall in total income. Finally, we show that the news of trade barrier imposition has a considerable impact on the impulse to speculate, giving rise to a likely currency crisis and devaluation that have a substantial effect on inflation and real output.
- Published
- 2021
49. THE ROLE OF TRADE BARRIERS IN INTERNATIONAL TRADE IN METALLURGICAL INDUSTRY OF UKRAINE
- Author
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Fato Sharoian
- Subjects
business.industry ,International trade ,business ,Metallurgical industry ,Trade barrier - Abstract
The purpose of the paper is to analyze and present the role of the metallurgical industry for the economy of Ukraine and evaluate the impact of trade restrictions on the international activity of the metallurgical industry of Ukraine. As a result, this study evaluated the risks of international activities of metallurgical enterprises of Ukraine with key partner countries. Methodology. Assessment of the role of the metallurgical industry for the Ukrainian economy and the extent of the impact of trade barriers on international activities is based on several statistical data and a few methods and rules for their analysis. Their use will allow managers of metallurgical companies to form a strategy for the development of the enterprise in international markets and quickly respond to changes in the external market situation. These methods include statistical analysis, strategic segmentation, deductive and inductive methods, data comparison method, forecasting and risk assessment. Results. Per capita steel consumption growth rates have shown positive dynamics since 2010. Volatility levels of per capita steel consumption of the population is significantly lower than the growth of world GDP. Against the backdrop of slowing global GDP growth rate of steel consumption continues to grow. According to the level of consumption of steel per capita, the author singled out three stages in the development of countries. The share of exports of products of the metallurgical industry of Ukraine in 2020 amounted to 18.3% in monetary terms. This indicator is the second after the volume of exports of agricultural products. Among the total export of steel products in Ukraine 95% are engaged in export of ferrous metals, which is a raw product. The trade balance of Ukraine in the trade of metallurgical products has been decreasing since 2018 amid a decrease in export volumes and has not yet reached the level of 2016. According to the World Trade Organization, at the end of 2020, there were 3,208 non-tariff trade barriers in the world regarding trade in metals and metal products. In terms of the number of anti-dumping measures, the market of metals and metal products ranks first – 843 measures out of 2160 measures for all product groups. This tool is used by countries to protect the domestic market and as a tool in international competition. As a result of a matrix analysis of the rates and volumes of growth of Ukraine's metallurgical products in the context of partner countries and the number of introduced trade barriers, the countries with the highest risk in international activities and the most promising sales markets were identified. The Russian Federation and the United States are identified as the countries with the highest risk of the impact of trade barriers on international activities for Ukrainian metallurgical companies. The most promising sales markets are Saudi Arabia and Italy. Practical implications. With the help of the results of this paper, managers of metallurgical enterprises in Ukraine can form and adjust the strategic directions for the development of companies in the frame-work of international activities.
- Published
- 2021
50. Trade Policy is Real News: Theory and Evidence
- Author
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Carter Mix and George Alessandria
- Subjects
Commercial policy ,Gains from trade ,Short run ,Business cycle ,Economics ,Tariff ,International economics ,Trade barrier ,Investment (macroeconomics) ,Sunk costs - Abstract
We evaluate the aggregate effects of changes in trade barriers when these changes can be implemented slowly over time and trade responds gradually to changes in trade barriers because firm-level trade costs make exporting a dynamic decision. Our model shows how expectations of changes in trade barriers affect the economy. We find that while decreases in trade barriers increase economic activity, expectations of lower future trade barriers temporarily decrease investment, hours worked, and output. Further- more, canceling an expected decline in future trade barriers raises investment and output in the short run but substantially lowers medium-run growth. These effects are larger when the expected reform is bigger. In the data, we find that countries with more trade growth after the General Agreement on Tariffs and Trade (GATT) rounds decreased investment and hours worked in the years leading to the tariff cuts, as predicted by our model.
- Published
- 2021
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