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Gatsios, Konstantine; Karp, Larry S.. |
Partial cooperation in setting trade policy may be worse than no cooperation for countries who form a customs union. The paper investigates three situations where this is likely to occur. First, if the countries forming the union comprise too small a percentage of the non-competitive sector of the industry, their cooperation may be disadvantageous for essentially the same reason that a merger may be disadvantageous in oligopolistic industries. Second, even if the countries forming the union comprise the entire non-competitive sector of industry, cooperation on trade policy may be disadvantageous if industrial policy (e.g. investment subsidies) are chosen non-cooperatively. The reason is that cooperation in trade policy may exacerbate the inefficiencies... |
Tipo: Working or Discussion Paper |
Palavras-chave: Trade and industrial policy; Imperfect competition; Customs union; International Relations/Trade. |
Ano: 1989 |
URL: http://purl.umn.edu/51256 |
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Scrieciu, Silviu Serban. |
Joining the European Union club implies, among many other policy changes, full integration of Romania's economy into EU's customs union. This is expected to have significant implications for domestic farmers and food processors. The paper constructs a single-country Applied General Equilibrium (AGE) model to investigate the impact of tariff border adjustments on changes in relative prices, production and trade patterns associated with fifteen local agro-food activities. Moreover, the modelling work identifies those agro-food sectors that have the potential to benefit the most from EU enlargement in terms of output effects given that Romanian producers are capable of fully responding to the incentives provided with integration. These mainly include (bovine)... |
Tipo: Working or Discussion Paper |
Palavras-chave: EU enlargement; Customs union; Agriculture; Romania; AGE modelling; Political Economy; D58; F15; O13. |
Ano: 2004 |
URL: http://purl.umn.edu/30583 |
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Scrieciu, Silviu Serban. |
Join the European Union club implies, among many other policy changes, full integration of Romania's expected to have significant implications for domestic farmers and food processors. The paper constructs a single-country Applied General Equilibrium (AGE) model to investigate the impact of tariff border adjustments on changes in relative prices, production and trade patterns associated with fifteen local agro-food activities. Moreover, the modeling work identifies those agro-food sectors that have the potential to benefit the most from EU enlargement in terms of output effects given that Romanian producers are capable of fully responding to the incentives provided with integration. These mainly include (bovine) live animals and meat products, sugar and... |
Tipo: Working or Discussion Paper |
Palavras-chave: EU enlargement; Customs union; Agriculture; Romania; AGE modelling; Political Economy; D58; F15; 013. |
Ano: 2004 |
URL: http://purl.umn.edu/30543 |
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Grethe, Harald. |
Turkey entered a customs union (CU) with the EU in January 1996. Agricultural trade is not covered by this CU but it is subject to extensive preferential trade rules. In this article, the effects of an inclusion of agricultural products in the CU as well as alternative policy options on the Turkish agricultural sector are analysed. To this aim, a comparative-static, partial equilibrium model of the Turkish agricultural sector is developed. The complete liberalization of the agricultural sector is found to lead to significant comparative static welfare gains of about €670 million as compared to the status quo. It appears that for most products, with few but significant exceptions, the inclusion of agriculture in the CU with the EU is very similar to the... |
Tipo: Journal Article |
Palavras-chave: Turkey; Customs union; Integration of agricultural markets; CAP; Agricultural sector model; Agricultural and Food Policy; International Relations/Trade. |
Ano: 2004 |
URL: http://purl.umn.edu/97455 |
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