Customs Union Or Free Trade Area? The Role of Political Asymmetries PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Customs Union Or Free Trade Area? The Role of Political Asymmetries PDF full book. Access full book title Customs Union Or Free Trade Area? The Role of Political Asymmetries by Subhayu Bandyopadhyay. Download full books in PDF and EPUB format.
Author: Subhayu Bandyopadhyay Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
When trade policy is endogenously determined by lobbying, it matters whether countries are arranged into a customs union or a free trade area. This paper compares the two regimes when the member governments are asymmetric in their susceptibilities to lobbying and in their bargaining power within a customs union. In our model, a customs union never leads to lower tariffs for both countries, whereas it can lead to higher tariffs for both.
Author: Subhayu Bandyopadhyay Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
When trade policy is endogenously determined by lobbying, it matters whether countries are arranged into a customs union or a free trade area. This paper compares the two regimes when the member governments are asymmetric in their susceptibilities to lobbying and in their bargaining power within a customs union. In our model, a customs union never leads to lower tariffs for both countries, whereas it can lead to higher tariffs for both.
Author: Subhayu Bandyopadhyay Publisher: ISBN: Category : Languages : en Pages :
Book Description
"We present a three-nation model, where two of the nations are members of a Customs Union (CU) and maintain a common external tariff (CET) on the third (non-member) nation. The producing lobby is assumed to be union-wide and lobbies both governments to influence the CET. The CET is determined jointly by the CU. We follow the political support function approach, where the CU seeks to maximize a weighted sum of the constituents' payoff functions, the weights reflecting the influence of the respective governments in the CU. A central finding of this paper is that the CET rises monotonically with the degree of asymmetry in the weights if the two countries are equally susceptible to lobbying. If the weights are the same, but the respective governments are asymmetric in their susceptibilities to lobbying, the CET also rises monotonically with this asymmetry. However, an increase in one type of asymmetry, in the presence of the other type of asymmetry, may reduce the CET"--Federal Reserve Bank of St. Louis web site.
Author: Subhayu Bandyopadhyay Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This paper examines the effect of political and economic asymmetries in the formation of common external tariffs (CETs) in a customs union (CU). We do so by introducing possible cross-border lobbying and by endogenizing tariff formation in a political economic model for the determination of CETs. The latter allows us to consider asymmetries among the member nations in their susceptibilities to lobbying. We also consider asymmetries in the influence of the member nations in CU-wide decision-making. A central finding of this paper is that, in the absence of economic asymmetry, the CET rises monotonically with the degree of asymmetry in country influences if the two countries are equally susceptible to lobbying. If influences are the same, the CET also rises monotonically with the degree of asymmetry in susceptibilities. These results hold irrespective of whether the lobby groups in the two member countries cooperate or work non-cooperatively.
Author: Timothy Lyons Publisher: Oxford University Press ISBN: 0191086738 Category : Law Languages : en Pages : 705
Book Description
The third edition of EU Customs Law provides a fully updated treatment of legislation, new treaties and cases in the two courts of the EU especially but also in Member States. This volume also includes commentary on the Modernized Community Customs Code and Implementing Regulation and increased coverage of areas such as the wider role of customs authorities apart from the collection of customs duty, such as security of goods and post 9/11 developments generally, the history of customs unions and their implications for governments, non-EU customs unions to which EU law is relevant, and the inter-relation between customs duty and direct tax.
Author: François Bourguignon Publisher: Centre for Economic Policy Research ISBN: 9781898128670 Category : Globalization Languages : en Pages : 136
Book Description
Globalization is, in some respects, a centuries-old phenomenon. Only now, however, are we examining which aspects of the current wave are old and which are new and the effects of these on poverty and inequality in the world. Furthermore, it is difficult to be sure whether the poor economic performance of some countries (notably in sub-Saharan Africa) is due to their having been insufficiently open to the world economy, or whether they lacked the institutions and capacities (such as in human capital) that would have enabled them to benefit from such opportunities and embrace globalization successfully. CEPR's new Policy Paper analyses how various institutions, including corporations, national governments and the many institutions of civil society, have responded or potentially could respond to these developments.
Author: Raymond Glenn Riezman Publisher: World Scientific ISBN: 9814390127 Category : Business & Economics Languages : en Pages : 418
Book Description
This book presents a comprehensive view of recent developments in the theory of international trade agreements and political economy, by focusing on research by Raymond Riezman. This pioneering work introduced terms of trade effects and strategic behavior to the theory of international trade agreements. This is complemented by a careful analysis of how politics affects international trade agreements. The book brings together work which focuses on the question of why international trade agreements occur and what forms they take.
Author: Maurice W. Schiff Publisher: World Bank Publications ISBN: 9780821350782 Category : Business & Economics Languages : en Pages : 344
Book Description
This text examines regionalism from the perspective of developing countries. It presents a comprehensive account of existing theory and empirical results and incorporates the findings of formal analyses ofthe politics and dynamics of regionalism.
Author: E. Vinokurov Publisher: Springer ISBN: 1137283351 Category : Business & Economics Languages : en Pages : 355
Book Description
The Eurasian continent, which has for over a century lagged behind in global markets, is currently gaining economic and political momentum. This book investigates emerging economic linkages in the area, examining the factors shaping this integration, the benefits and risks involved, and the future of these states on the global stage.
Author: Publisher: UN ISBN: Category : Business & Economics Languages : en Pages : 166
Book Description
The fifth of the series (ARIA/V) has come at a time of renewed enthusiasm for shortening the period of the vision of the Abuja Treaty. Its overall objective is to provide an analytical research publication that defines frameworks for African Governments, the African Union and the Regional Economic Communities, towards accelerating the establishment of the African Common Market through: the speedy removal of all tariff and non-tariff barriers, obstacles to free movement of people, investments and factors of production in general across Africa, and through fast-tracking the creation of an African continental Free Trade Area
Author: Subhayu Bandyopadhyay
Author: Subhayu Bandyopadhyay
Author: Subhayu Bandyopadhyay
Author: Arvind Panagariya
Author: Subhayu Bandyopadhyay
Author: Timothy Lyons
Author: François Bourguignon
Author: Raymond Glenn Riezman
Author: Maurice W. Schiff
Author: E. Vinokurov
Author: