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作者：Panagariya, A; Krishna, P
作者单位：University System of Maryland; University of Maryland College Park; Brown University
摘要：The well-known Kemp-Vanek-Ohyama-Wan proposition establishes that if two or more countries form a customs union (CU) by freezing their net external trade vector through a common external tariff and eliminating internal trade barriers, the union as a whole and the rest of the world cannot be worse off than before. Owing to the fact that a Free Trade Area (whose member countries impose country specific external tariff vectors) does not equalize marginal rates of substitution across its member co...
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作者：Francois, P; van Ypersele, T
作者单位：Tilburg University; University of Namur
摘要：We identify cultural goods as goods which are valued differently by consumers at home than by individuals abroad, and which are produced under scale economies. It is shown that restrictions on the trade of cultural goods can raise welfare in both recipient and source countries. (C) 2002 Elsevier Science B.V. All rights reserved.
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作者：Keen, M; Ligthart, JE
作者单位：International Monetary Fund; University of Essex
摘要：A key obstacle to fundamental tariff reform in many countries is the revenue loss that it ultimately implies. This paper establishes and explores a simple and practicable strategy for realizing the efficiency gains from tariff reform without reducing public revenue, showing that for a small economy a cut in import duties (respectively, export taxes) combined with a point-for-point increase in domestic consumption taxes (production taxes) increases both welfare and public revenue. Increasingly ...
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作者：Bernsteina, JR; Weinstein, DE
作者单位：Columbia University; National Bureau of Economic Research; University of Wisconsin System; University of Wisconsin Madison; University of Wisconsin System; University of Wisconsin Madison
摘要：Examining the relationship between factor endowments and production patterns using data from Japanese prefectures and from OECD nations, we find evidence of substantial production indeterminacy. Regressions of outputs on endowments yield prediction errors six to 30 times larger for goods traded relatively freely than for non-traded goods. We argue that a compelling explanation for these results is the existence of more goods than factors in the presence of trade costs. If so, regressions of tr...
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作者：Kim, W; Wei, SJ
作者单位：Brookings Institution; Harvard University; National Bureau of Economic Research; Korea Development Institute (KDI)
摘要：Using a unique data set, we study the trading behavior of foreign portfolio investors in Korea before and during the currency crisis. The central message is that investors in different categories have different trading patterns. For example, foreign investors outside Korea are more likely to engage in positive feedback trading strategies and are more likely to engage in herding than the branches I subsidiaries of foreign institutions in Korea or foreign individuals living in Korea. This differ...
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作者：Corsetti, G
作者单位：Roma Tre University
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作者：Mitra, D
作者单位：State University System of Florida; Florida International University
摘要：In a bargaining model of endogenous protection, I introduce fixed costs of political-organization that need to be incurred by capitalists prior to actual lobbying. Unlike Maggi and Rodriguez-Clare [J. Pol. Econ. 106(3) (1998) 575] intersectoral capital mobility is disallowed. Nevertheless, I am still able to obtain their main result that a government with low bargaining power vis-a-vis the import-competing lobby precommits to a free-trade agreement. Further, with high fixed organizational cost...
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作者：Blonigen, BA
作者单位：University of Oregon; National Bureau of Economic Research
摘要：This paper examines the tariff-jumping response of all firm and product combinations subject to US antidumping investigations from 1980 to 1990 using a newly constructed database. Previous studies have focused only on Japanese FDI responses to antidumping protection and found large tariff-jumping responses. In contrast, this paper finds quite modest tariff-jumping responses and the evidence suggests that tariff-jumping is only a realistic option for multinational firms from industrialized coun...
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作者：Ludema, RD
作者单位：Georgetown University; Georgetown University
摘要：This paper uses a model of horizontal multinational enterprises to explore the relationship between transportation costs and trade policy cooperation. Tariffs have the effect of attracting foreign direct investment to the benefit of consumers in the host country. As transport costs fall, the incentive to impose tariffs falls and the benefits to cooperation rise. Thus, in a repeated game in which cooperation is limited by a self-enforcement constraint, a reduction in transport costs facilitates...
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作者：Furusawa, T; Wen, Q
作者单位：Yokohama National University; Vanderbilt University
摘要：This paper analyzes trade negotiations between two large countries in the framework of an alternating-offer bargaining model with endogenous interim disagreement actions, Despite of the flexibility in disagreement tariff selection, the countries would keep the status quo tariffs in disagreement periods as far as the country which benefits from keeping the status quo tariffs compensates for the other country's foregone gains from deviating in disagreement actions. Each equilibrium outcome conve...
