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| Gast, Michael W.. |
| A tariff-rate quota (TRQ) is a two-tier tariff. The Uruguay Round Agreement on Agriculture provides for the transformation of remaining import quotas into TRQs in order to eliminate quantity restricting import barriers to trade. However, more often than not are TRQs de-facto-quotas. The profit-maximizing condition for an importer confronted with two differentiated goods under a common quota is derived. The main focus of the present article is the US import regime for cheese which was transformed according to the tariffication process into a TRQ system. Analysis of cheese import quantities shows that this transformation has indeed little changed. Being the only remarkable exception in partially overcoming the import barriers, the case of New Zealand... |
| Tipo: Journal Article |
Palavras-chave: Tariff-rate quota; Cheese; USA; Differentiated products; Price discrimination; Agricultural and Food Policy; International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/98246 |
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| Gast, Michael W.. |
| Using a fixed-effects panel data approach, FDI flows of 22 OECD countries are explained by gravity equations over the period 1991-2001. It is distinguished between all available observations, Intra-EU25 observations only, and observations not belonging to the EU25 area in order to control for EU-specific effects. Regressions are repeated with exports as dependent variable in order to capture diverging influences for trade flows. Changes in total market size and relative market size are important factors that lead both FDI and exports in the same direction. However, relative market size is only significant in the FDI equation when variation between the EU25 area and other investment is taken into account, thus indicating a concentration of FDI within... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Foreign direct investment and international trade; Multinational firms; Model with panel data; Agricultural Finance; F21; F23; F14; C23. |
| Ano: 2005 |
URL: http://purl.umn.edu/24595 |
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