Tariff Reduction (tariff + reduction)

Distribution by Scientific Domains


Selected Abstracts


Impact Of Tariff Reduction On Structural Employment In China: A Computable General Equilibrium Analysis

PACIFIC ECONOMIC REVIEW, Issue 2 2000
Dianqing Xu
The paper studies the effect of tariff reduction on employment in China. Using a computable general equilibrium (CGE) analysis, a model simulates the structural adjustment in the Chinese economy as a result of tariff cuts and predicts their quantitative impacts on structural unemployment during the adjustment period. It is concluded that the structural unemployment in China caused by tariff reduction is not as serious as some have claimed. The technique of study on structural unemployment can be extended to other countries to analyze the impact of trade reform. [source]


Technology, Geography, and Trade

ECONOMETRICA, Issue 5 2002
Jonathan Eaton
We develop a Ricardian trade model that incorporates realistic geographic features into general equilibrium. It delivers simple structural equations for bilateral trade with parameters relating to absolute advantage, to comparative advantage (promoting trade), and to geographic barriers (resisting it). We estimate the parameters with data on bilateral trade in manufactures, prices, and geography from 19 OECD countries in 1990. We use the model to explore various issues such as the gains from trade, the role of trade in spreading the benefits of new technology, and the effects of tariff reduction. [source]


Regulated cross-border transmission investment in Europe

EUROPEAN TRANSACTIONS ON ELECTRICAL POWER, Issue 6 2006
Leonardo Meeus
Abstract In a liberalized market, generation and transmission investment decisions are decoupled, so that a more elaborated grid is necessary. The European transmission grid has to ensure security of supply, facilitate the market and integrate renewables. Transmission grid investments are clearly needed, especially to increase the scarcely available cross-border transfer capacities. The regulatory framework in which these investments have to take place is discussed in this paper. It is stated that this framework does not ensure that congestion revenues are used for transmission investments that are in the long-term benefit of the market, because regulators are biased towards a short-term tariff reduction. The authors conclude that more coordination is clearly necessary, either pushed by European regulation or driven by coordinated regulatory actions. Copyright © 2006 John Wiley & Sons, Ltd. [source]


GAME-THEORETIC ANALYSIS OF CHINA's WTO ACCESSION

PACIFIC ECONOMIC REVIEW, Issue 2 2003
Eric W. Bond
In particular, we are interested in the effect of the most-favored-nation (MFN) principle on the negotiation outcome. The MFN principle says that any tariff reduction offered by the applicant for accession has to be automatically granted to all existing members. The model suggests that it is quite plausible that China's share of surplus is more when MFN is in place. [source]


Impact Of Tariff Reduction On Structural Employment In China: A Computable General Equilibrium Analysis

PACIFIC ECONOMIC REVIEW, Issue 2 2000
Dianqing Xu
The paper studies the effect of tariff reduction on employment in China. Using a computable general equilibrium (CGE) analysis, a model simulates the structural adjustment in the Chinese economy as a result of tariff cuts and predicts their quantitative impacts on structural unemployment during the adjustment period. It is concluded that the structural unemployment in China caused by tariff reduction is not as serious as some have claimed. The technique of study on structural unemployment can be extended to other countries to analyze the impact of trade reform. [source]


Do tariff reductions affect the wages of workers in protected industries?

CANADIAN JOURNAL OF ECONOMICS, Issue 1 2007
Evidence from the Canada-U.S. Free Trade Agreement
Abstract., In this paper, I use Canadian micro-data on individual workers to investigate the effect on wages of the tariff reductions mandated by the Canada-U.S. Free Trade Agreement (CUSFTA). The literature on industry wage premia has revealed that the industry of employment is an important determinant of a worker's wage. My findings indicate that relative wages fell in those industries that faced the deepest tariff cuts. This effect was experienced regardless of whether or not workers belonged to a union, suggesting that CUSFTA reduced the returns to industry-specific human capital for those workers in the mostly heavily affected industries. Dans ce texte, l'auteur utilise des micro données canadiennes pour étudier le rapport entre les niveaux de salaires et les réductions de tarifs douaniers engendrées par l'accord de libre échange Canada US. La littérature sur les primes salariales suggère que la structure industrielle de l'emploi est un facteur déterminant dans la détermination des salaires des employés. Les résultats montrent que les salaires relatifs tombent dans les secteurs industriels où les réductions de tarifs sont les plus importantes. Cet impact est enregistré que les employés soient syndiqués ou non. Voilà qui suggère que l'Accord de libre-échange réduit les rendements sur le capital humain qui est spécifique à une industrie pour les travailleurs des industries les plus fortement affectées. [source]