Three Essays on International Trade: Analyses of Vertical Specialization, Free Trade Agreement and International Quality Competition PDF Download
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Author: Geun Tae Lee Publisher: ISBN: 9780542888861 Category : Languages : en Pages : 258
Book Description
The present dissertation consists of two topics related to international trade. The first topic combines Free Trade Agreement (FTA) with vertical specialization. By adding vertical production relationship in Krishna's (1998) model using a double marginalization framework, we can check how firms' preferences change for bilateral arrangements according to the partner country's position in global vertical specialization. The conclusion is that countries prefer their partner standing on the opposite side in the spectrum of vertical specialization.
Author: Geun Tae Lee Publisher: ISBN: 9780542888861 Category : Languages : en Pages : 258
Book Description
The present dissertation consists of two topics related to international trade. The first topic combines Free Trade Agreement (FTA) with vertical specialization. By adding vertical production relationship in Krishna's (1998) model using a double marginalization framework, we can check how firms' preferences change for bilateral arrangements according to the partner country's position in global vertical specialization. The conclusion is that countries prefer their partner standing on the opposite side in the spectrum of vertical specialization.
Author: Fayçal Régis Sinaceur Publisher: ISBN: Category : Competition, International Languages : en Pages : 0
Book Description
This Thesis presents three essays in the area of strategic trade theory and policy. The first essay presents an analysis of trade and welfare between countries with asymmetric conditions. A two-period two-country address model of product differentiation is examined in which firms face an initial period of autarky. Trade takes place in the subsequent period and firms fully anticipate switches in trade regimes. Results suggest that historical (domestic) conditions matter a lot on the international market place. Firms that come from countries with a larger market tend to develop longer product lines, which puts that country in a dominant position in international competition. The model is also used to analyse gains/losses from trade in relation to country size. The second essay investigates the differential effects of specific and ad-valorem tariffs on quality, price and welfare in an oligopolistic industry consisting of foreign and domestic firms. These effects are shown to depend on the location of the home and foreign firms in the quality spectrum. Both tariffs are ranked and conditions for either tariff to be welfare superior are derived. Finally, the third essay presents an analysis of trade policy with endogenous market structure. A "third market model" is specified. Using a simple framework in which industry structure is derived endogenously as the outcome of product line decisions by firms, we show that governments have an incentive to affect the equilibrium product composition by setting non-zero subsidy rates in order to maximize domestic welfare. Subsidies may be uniform or non-uniform across goods and the optimal policy exhibits strong discontinuities as domestic welfare maximization implies a switch of regimes.
Author: Jennifer Yan Yin Leung Publisher: ISBN: Category : Languages : en Pages : 86
Book Description
The focus of the first essay is on, examining the effect of free trade agreements on the growth of bilateral vertical specialization in manufacturing between the U.S. and its trading partners, before and after the agreements were signed. Bilateral production sharing is modeled using input-output analysis. The goal to broaden market access through the elimination of tariffs on most of the manufactured goods between free trade agreements countries has produced mixed results, at least, in the manufacturing sector. Since the various free trade agreements involving the U.S. have taken effect, tariff reductions on manufactured goods have not been uniform in bringing a substantial increase in total bilateral vertical specialization levels with countries in Central and Southern America, Africa, and the Middle East. North American countries are by far the most significant trade partner with the U.S. Asian and Oceanic countries have increasing levels of bilateral vertical specialization with the U.S. Despite growing over time, bilateral vertical specialization levels are relatively small for most of the Central/South American countries, as well for countries in Africa and the Middle East.
Author: W. Charles Sawyer Publisher: Taylor & Francis ISBN: 0429758324 Category : Business & Economics Languages : en Pages : 561
Book Description
Applied International Economics, 5th edition, offers a modern and accessible treatment of international economics, shifting the emphasis from pure theory to the application of theory by using the standard tools of economic analysis. This new and streamlined edition makes the real-world application of international economics even more clear than previous editions, and focuses on the basics that students will need in order to analyze information on the world economy throughout their future careers. The new edition has been refocused, revised, and thoroughly updated. Key features include: Expanded coverage of China’s role in the world economy. New material on how changes in trade flows can be decomposed into the extensive and intensive margins of trade. New material on the use of Section 301 of U.S. trade law and the U.S.–China trade dispute. Updated coverage of Brexit. A new focus on the sole use of the Mundell-Fleming model to analyze balance of payments issues. Improved linkages between the concepts of purchasing power parity and the real exchange rate. Written in a thorough and engaging style, the book covers topics at a level appropriate for students specializing in business or international relations, as well as economics students. Along with a wealth of case studies and real-life examples, the book offers extensive pedagogical tools that include a companion website, end-of-chapter summaries, and explanations of key concepts and terms. For instructors, PowerPoint presentations and an extensive test bank are available.
Author: Geun Tae Lee
Author: Geun Tae Lee
Author: 
Author: Fayçal Régis Sinaceur
Author: Pei-Cheng Liao
Author: Teodora Cosac
Author: Vivek Harsha Dehejia
Author: Jennifer Yan Yin Leung
Author: W. Charles Sawyer
Author: Chrysostomos Tabakis
Author: