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Joerin, Robert. |
Market access in the WTO is highly fragmented due to exceptions from GATT principles. Tariff-rate quotas (TRQs) stand in contradiction to the principle of the GATT, according to which all quantitative restrictions in international trade should be eliminated. Bhagwati’s theorem of the non-equivalence of tariffs and quotas leads to the conclusion that under imperfect competition, market access can be improved by converting TRQs into single tariffs. In order to find the ‘new’ tariff, Bergsten (1987) proposed to auction quotas and to use the realized auction price for setting the equivalent tariff. There is empirical evidence from auctions of TRQs in Switzerland that the observed auction prices are below the equivalent tariffs. This is in line with the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: WTO; Market Access; Imperfect Competition; Auctions; International Relations/Trade; Political Economy; Q17; F13; D44. |
Ano: 2009 |
URL: http://purl.umn.edu/51448 |
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Roson, Roberto; Bosello, Francesco; De Cian, Enrica. |
Future energy demand will be affected by changes in prices and income, but also by other factors, like temperature levels. This paper draws upon an econometric study, disentangling the contribution of temperature in the determination of the annual regional demand for energy goods. Combining estimates of temperature elasticities with scenarios of future climate change, it is possible to assess variations in energy demand induced (directly) by the global warming. We use this information to simulate a change in the demand structure of households in a CGE model of the world economy, in a set of assessment exercises. The changing demand structure triggers a structural adjustment process, influencing trade flows, regional competitiveness of industries and... |
Tipo: Working or Discussion Paper |
Palavras-chave: Climate Change; Energy; Computable General Equilibrium Models; Imperfect Competition; Resource /Energy Economics and Policy; D58; F12; Q43; Q54. |
Ano: 2007 |
URL: http://purl.umn.edu/9095 |
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