scholarly journals Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades

2015 ◽  
Author(s):  
Lorenzo Caliendo ◽  
Robert Feenstra ◽  
John Romalis ◽  
Alan Taylor
Author(s):  
Oksana Sakal

The article is devoted doctrinal issues of environmental and economic effectiveness of use land in conditions of infringement of institutional transformations. The modern approaches to the definition of content of ecological and economic effectiveness of land use are analyzed. It is established that the overwhelming majority of domestic researchers interpret this notion regarding the use of agricultural land or farm land. It is proved that such an approach is justified, taking into account the structure of the land fund of Ukraine. However, this reduces other goals of the land user and functions of the land. It is proposed to investigate the category of ecological and economic effectiveness of land use in accordance with the provisions of the ecological economics, social welfare theory, and concept of total economic value. Based on the classification of land functions, the criteria of selection material content and social form of ecological and economic effectiveness of land use are determined.


2006 ◽  
Vol 96 (3) ◽  
pp. 896-914 ◽  
Author(s):  
Nuno Limão

Most countries are members of preferential trade agreements (PTAs). The effect of these agreements has attracted much interest and raised the question of whether PTAs promote or slow multilateral trade liberalization, i.e., whether they are a “building block” or “stumbling block” to multilateral liberalization. Despite this long-standing concern with PTAs and the lack of theoretical consensus, there is no systematic evidence on whether they are actually a stumbling block to multilateral liberalization. We use detailed data on U.S. multilateral tariffs to provide the first systematic evidence that the direct effect of PTAs was to generate a stumbling block to its MTL. We also provide evidence of reciprocity in multilateral tariff reductions.


1970 ◽  
Vol 2 (3) ◽  
pp. 251-265 ◽  
Author(s):  
B. G. Hutchinson

A welfare-theory-based framework for the evaluation of urban transportation investments is described. An economic efficiency criterion is developed in terms of the community demand schedules for accessibility and for environmental quality. A procedure for modifying this efficiency criterion to reflect income distribution goals is presented. It is argued that the necessary empirical information for this evaluation framework must be derived from the application of some consistent theory of democratic group decisions. A number of models of the political process are then reviewed. Recent experience with several institutional frameworks for planning is discussed and some of the principles of the models are used to evaluate this experience. The contributions that available models of the political process might make to the extension of the welfare-based-evaluation framework are then explored. The elementary extensions presented in the paper provide a basis for studying the goal formulation and weighting processes in particular communities. Comparative studies in a number of urban communities should lead to the development of a meaningful institutional framework for urban transportation planning activities.


2017 ◽  
Vol 22 (Special Edition) ◽  
pp. 1-24 ◽  
Author(s):  
Theresa Theresa ◽  
Nida Jamil ◽  
Azam Chaudhry

As Pakistan enters the CPEC era, there is a sense of optimism as well as concern in the country, given the uncertain economic impact of this major collaboration between China and Pakistan. Using firm-level and trade data, we empirically test the impact of the 2006 free trade agreement (FTA) between the two countries on the productivity, size and value added of potentially affected Pakistani firms. These results have important policy implications for CPEC initiatives. We start with a difference-in-difference analysis, comparing trends in those sectors in Pakistan made more vulnerable by tariff reductions on Chinese goods relative to sectors for which the tariff did not change significantly. Next, we examine those sectors in Pakistan that were given greater access to Chinese markets through reductions in the Chinese tariff on Pakistani goods relative to sectors for which market access remained roughly the same. In the sectors made more vulnerable by reductions in Pakistani tariffs on Chinese goods, imports to Pakistan have risen, while productivity, value added and value added per worker have fallen relative to other sectors since the FTA. In the sectors for which Pakistan gained access to Chinese markets, exports and employment have risen, but productivity and value added have fallen relative to other sectors since the FTA.


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