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The Relative Inefficiency of Quotas

The Relative Inefficiency of Quotas PDF Author: James E. Anderson
Publisher: MIT Press (MA)
ISBN: 9780262011037
Category : Business & Economics
Languages : en
Pages : 225

Book Description
James Anderson has been a singular force in the research on tariffs versus quotas. In this book he demonstrates that in most reasonable circumstances, quotas are an inferior trade policy relative to import tariffs. He presents substantive new work on tariffs and quotas in imperfect competition and provides a better understanding of quotas and protection policies generally. In the current debate about protectionism, free trade, and "fair trade," Anderson's conclusions fly in the face of congressional approval of import quotas as a strategy to improve American life. While he does not advocate protectionism, he shows that import quotas and tariffs are far from equivalent, illustrating the efficiency of tariffs with case studies of specific commodities and products such as cheese and other milk products, and textiles. Anderson makes an original contribution to the treatments of tariffs and quotas by creating a general presumption in favor of tariffs when protection is unavoidable, and provides a useful integrated perspective on the large tariffs versus quotas literature. James E. Anderson is Professor of Economics at Boston College.

The Relative Inefficiency of Quotas

The Relative Inefficiency of Quotas PDF Author: James E. Anderson
Publisher: MIT Press (MA)
ISBN: 9780262011037
Category : Business & Economics
Languages : en
Pages : 225

Book Description
James Anderson has been a singular force in the research on tariffs versus quotas. In this book he demonstrates that in most reasonable circumstances, quotas are an inferior trade policy relative to import tariffs. He presents substantive new work on tariffs and quotas in imperfect competition and provides a better understanding of quotas and protection policies generally. In the current debate about protectionism, free trade, and "fair trade," Anderson's conclusions fly in the face of congressional approval of import quotas as a strategy to improve American life. While he does not advocate protectionism, he shows that import quotas and tariffs are far from equivalent, illustrating the efficiency of tariffs with case studies of specific commodities and products such as cheese and other milk products, and textiles. Anderson makes an original contribution to the treatments of tariffs and quotas by creating a general presumption in favor of tariffs when protection is unavoidable, and provides a useful integrated perspective on the large tariffs versus quotas literature. James E. Anderson is Professor of Economics at Boston College.

A General Equilibrium Analysis of US Foreign Trade Policy

A General Equilibrium Analysis of US Foreign Trade Policy PDF Author: Jaime De Melo
Publisher: MIT Press
ISBN: 9780262041225
Category : Business & Economics
Languages : en
Pages : 320

Book Description
The authors' model is the first large-scale computer simulation of the effects of changes in U.S. import quotas.

Southern Economic Journal

Southern Economic Journal PDF Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 630

Book Description


The Economic Effects of Significant U.S. Import Restraints

The Economic Effects of Significant U.S. Import Restraints PDF Author:
Publisher:
ISBN:
Category : Import quotas
Languages : en
Pages : 60

Book Description


State Trading in the Twenty-First Century

State Trading in the Twenty-First Century PDF Author: Thomas Cottier
Publisher: University of Michigan Press
ISBN: 0472026453
Category : Business & Economics
Languages : en
Pages : 465

Book Description
The University of Michigan Press is pleased to announce the first volume in an annual series, The World Trade Forum. The Forum's members include scholars, lawyers, and government and business practitioners working in the area of international trade, law, and policy. They meet annually and discuss integration issues in international economic relations, focusing on a new theme each year. The central topic of the first World Trade Forum is state trading. To what extent has trade liberalization, as we have experienced it over the last fifty years, affected property ownership? Contributors to the 1998 World Trade Forum explore this question, examining both state practice and the regulatory framework. Their discussions are divided into three parts: Part 1 looks at the World Trade Organization's legal framework for state trading enterprises, taking on such issues as monopolies and state enterprises, the WTO Antidumping Agreement and the economies in transition, and relationship of state trading and the Government Purchasing Act. Part 2 deals with regional experiences in state trading (for the EC, United States, Canada, Japan, China, and Russia). Part 3 examines conceptual issues such as auctions as a trade policy instrument and rule-making alternatives for entities with exclusive rights. The conclusion synthesizes the foregoing chapters in discussing the reach of modern international trade law. Contributors are Frederick Abbott, Ichiro Araki, Christian Bach, Jacques H. J. Bourgeois, Thomas Cottier, William J. Davey, Vladimir Dbrentsov, Toni Haniotis, Bernard M. Hoekman, Gary Horlick, Henrik Horn, Robert Howse, Patrick Low, Will Martin, Mitsuo Matsushita, Petros Mavroidis, Aaditya Mattoo, Patrick Messerlin, Constantine Michalopoulos, Kristin Heim Mowry, Stilpon Nestor, Damien Neven, N. David Palmeter, Ernst-Ulrich Petersmann, André Sapir, Diane P. Wood, and Werner Zdouc. Petros Mavroidis is Professor of Law, University of Neuchatel. Thomas Cottier is Professor of Law, Institute of European and International Economic Law, University of Bern Law School.

A New Approach to Evaluating Trade Policy

A New Approach to Evaluating Trade Policy PDF Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 37

Book Description


The Uruguay Round Agreement on Agriculture An Evaluation of its Implementation in OECD Countries

The Uruguay Round Agreement on Agriculture An Evaluation of its Implementation in OECD Countries PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264192182
Category :
Languages : en
Pages : 180

Book Description
This book evaluates the implementation of the Uruguay Round on Agriculture, how effective it has been, and what policy lessons can be drawn.

The Princeton Encyclopedia of the World Economy. (Two Volume Set)

The Princeton Encyclopedia of the World Economy. (Two Volume Set) PDF Author: Kenneth A. Reinert
Publisher: Princeton University Press
ISBN: 9780691128122
Category : Business & Economics
Languages : en
Pages : 1338

Book Description
Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals. Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy. Features: ? More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development International team of contributors Annotated list of further reading with each article Topical list of entries Full index and cross-references Entry categories and sample topics: ? Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements Policies and instruments: dollar standard, international aid, sanctions, tariffs Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel

Empirical Studies of Commercial Policy

Empirical Studies of Commercial Policy PDF Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226035700
Category : Business & Economics
Languages : en
Pages : 336

Book Description
The need for careful research on trade policy is particularly acute, and this volume empirically addresses these and many other important issues. The contributors offer studies which integrate the institutional details of current trade policy with creative economic analyses. Marked by a shift from a traditional reliance on simulation models, these papers take their inspiration from recent changes in the assumptions traditionally underlying research in international trade theory. No longer are government policies viewed as being somehow "given" to the researcher; in part 1, "Analyses with a Political Economy Perspective," four papers treat such policies as endogenous and explicable in terms of political economy. Neither are product and factor markets seen as perfectly competitive; instead, the three papers in part 2, "Trade Policy Effects under Imperfectly Competitive Market Conditions," assume that firms consider the actions of other companies when formulating their decisions. In part 3, "A New Measure of Trade Restrictiveness and Estimates of Trade Policy Effects with CGE Models," the first essay explores the quantitative restrictions on cheese to develop and implement a new model of restrictive trade. Two final contributions address problems for which simulation modeling is especially useful. The first considers the effectiveness of an import surcharge in reducing the U.S. trade deficit and the second treats the welfare effects of liberalization in South Korea where increasing returns to scale are significant These innovative studies focus on economic behavior that will provide valuable insights for policymakers, academic economists, and students.

Agriculture and the WTO

Agriculture and the WTO PDF Author: Merlinda Ingco
Publisher: World Bank Publications
ISBN: 082138368X
Category : Business & Economics
Languages : en
Pages : 411

Book Description
Developing countries have a major stake in the outcome of trade negotiations conducted under the auspices of the World Trade Organization (WTO). 'Agriculture and the WTO: Creating a Trading System for Development' explores the key issues and options in agricultural trade liberalization from the perspective of these developing countries. Leading experts in trade and agriculture from both developed and developing countries provide key research findings and policy analyses on a range of issues that includes market access, domestic support, export competition, quota administration methods, food security, biotechnology, intellectual property rights, and agricultural trade under the Uruguay Round Agreement on Agriculture. Material is covered in summary and in comprehensive detail with supporting data, a substantial bibliography, and listings of online resources. This book will be of interest to policymakers and analysts in the fields of development economics and commodities pricing and trade.