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| Zissimos, Ben. |
| This paper shows how distance may be used to coordinate on a unique equilibrium in which trade agreements are regional. Trade agreement formation is modeled as coalition formation. In a standard trade model with no distance between countries, a familiar problem of coordination failure arises giving rise to multiple equilibria; any one of many possible trade agreements can form. With distance between countries, and through strategic interaction in tariff setting, regional trade agreements generate larger rent-shifting effects than non regional agreements, which countries use to coordinate on a unique equilibrium. Under naive best responses, regional agreements give way to free trade. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Coalition; Coordination; Trade Liberalization; Trade Agreement; Regionalism; International Relations/Trade; F02; F13; F15; C73. |
| Ano: 2007 |
URL: http://purl.umn.edu/9102 |
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| Langley, Suchada V.; Blayney, Donald P.; Stout, Jim; Somwaru, Agapi; Normile, Mary Anne; Miller, James J.; Stillman, Richard. |
| International dairy industries remain among the most distorted agricultural sectors. Dairy average bound tariffs remain among the highest of all agricultural commodities, and dairy trade is characterized by a large number of megatariffs and tariff-rate quotas (TRQs). The objective of our study is to examine how the international dairy markets might respond to policy changes under various assumptions, using a partial equilibrium, multiple-commodity, multiple-region model of agricultural policy and trade. Our results indicate that liberalization will reduce supplies, increase dairy trade, and raise world prices. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Dairy Markets; Trade Liberalization; Model; Policy; International Relations/Trade. |
| Ano: 2003 |
URL: http://purl.umn.edu/21997 |
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| Baylis, Katherine R.; Garduno-Rivera, Rafael; Piras, Gianfranco. |
| This paper studies the regional distribution of the benefits from trade in Mexico after NAFTA. Specifically, we ask whether or not NAFTA has increased the concentration of economic activity in Mexico. Unlike previous work which uses state-level data, we identify the effect of NAFTA on economic activity at the municipal level allowing us to observe detailed growth patterns across space. Further, to explicitly identify the effect of the trade agreement, we compare results for growth in traded and non-traded sectors. Given the spatial nature of these data, we make explicit use of spatial econometrics methods. We find that NAFTA caused the wealthy regions nearest to the border to grow faster than others, increasing regional disparity. Second, we find that... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Regional Disparities; Trade Liberalization; Agglomeration Economies; Economic Growth; Mexico; Transport Cost; Spatial econometrics; Community/Rural/Urban Development; International Development; International Relations/Trade. |
| Ano: 2009 |
URL: http://purl.umn.edu/49463 |
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| Hess, Sebastian; von Cramon-Taubadel, Stephan. |
| Quantification of welfare changes due to trade liberalisation play a crucial role for political decision making. However, meaningful comparisons of simulation results from different sources are difficult. Often significant differences in simulated gains from liberalisation do not serve to increase confidence in quantitative assessments based on trade models. We employ a metaanalysis of applied trade simulations under the WTO Doha Round to identify model characteristics that influence the magnitude of simulation results, and to estimate the magnitude of this influence. Findings from our simple econometric model are plausible and show that each simulation experiment represents a complex interaction of experimental settings that may not easily be understood... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Meta-analysis; CGE; Partial Equilibrium; Trade Liberalization; C00; C23; C68; F10; International Relations/Trade. |
| Ano: 2006 |
URL: http://purl.umn.edu/25512 |
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| Koo, Won W.; Taylor, Richard D.. |
| This report evaluates the world rice industry for the 1998-2010 period by using the World Rice Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, the weather, and technological change. This report evaluates three scenarios: the base scenario, the partial trade liberalization scenario in Japan and South Korea, and the full trade liberalization scenario. The partial trade liberalization scenario includes a partial liberalization of rice imports in Japan and South Korea from the year completing the minimum market access commitments under the UR agreement to 2010. The full trade liberalization scenario includes a full liberalization of rice imports in Japan and South Korea from... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Japonica Rice; Indica Rice; Trade Liberalization; Production; Consumption; Imports; Exports; International Relations/Trade. |
| Ano: 1999 |
URL: http://purl.umn.edu/23402 |
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