Can Duty-drawbacks Have Protectionist Bias? PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Can Duty-drawbacks Have Protectionist Bias? PDF full book. Access full book title Can Duty-drawbacks Have Protectionist Bias? by Olivier Cadot. Download full books in PDF and EPUB format.
Author: Olivier Cadot
Publisher: World Bank Publications
ISBN:
Category : Aranceles de aduana - Mercosur
Languages : en
Pages : 42
Get Book Here
Book Description
Evidence from Mercosur suggests that eliminating duty drawbacks for intra-regional exports would lead to increased counterlobbying against protection of intermediate products. Without the duty drawback, the common external tariff would have been an estimated 3.5 percentage points (25 percent) higher on average.
Author: Olivier Cadot
Publisher: World Bank Publications
ISBN:
Category : Aranceles de aduana - Mercosur
Languages : en
Pages : 42
Get Book Here
Book Description
Evidence from Mercosur suggests that eliminating duty drawbacks for intra-regional exports would lead to increased counterlobbying against protection of intermediate products. Without the duty drawback, the common external tariff would have been an estimated 3.5 percentage points (25 percent) higher on average.
Author: Marcelo Olarreaga
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
January 2001 Evidence from Mercosur suggests that eliminating duty drawbacks for intra-regional exports would lead to increased counterlobbying against protection of intermediate products. Without the duty drawback, the common external tariff would have been an estimated 3.5 percentage points (25 percent) higher on average. Duty drawback (or rebate) systems reduce or eliminate the duties paid on imported intermediate goods or raw materials used in the production of exports. When a firm imports an intermediate product for use in the production of an export good, tariff payments on the imported intermediate good are either waived (duty drawback) or returned to the producer once the final product is exported (rebate). These incentive systems are often justified on the grounds that they tend to correct the anti-trade bias imposed by high tariff levels. The problem with this line of reasoning is that it assumes that tariffs are predetermined policy variables; if they were, the easiest way to reduce their anti-trade bias would be to eliminate them. But this is rarely done because existing levels of protection correspond to a political economy equilibrium difficult to modify in the presence of lobbying pressures. Cadot, de Melo, and Olarreaga show that in a political economy setting where tariffs and duty drawbacks are endogenously chosen through industry lobbying, full duty drawbacks are granted to exporters that use imported intermediate goods in their production. This in turn decreases their incentives to counterlobby against high tariffs on their inputs. Indeed, under a full duty drawback regime, tariffs on intermediate goods are irrelevant to exporters because they are fully rebated. In equilibrium, higher tariffs will be observed on these goods. Creating a regional trading bloc alters the incentives by eliminating duty drawbacks on intraregional exports, which leads to lower tariffs for goods that intraregional exporters use as inputs. Evidence from Mercosur suggests that eliminating duty drawbacks for intra-regional exports would lead to increased counterlobbying against protection of intermediate products. Cadot, de Melo, and Olarreaga estimate that without this mechanism, the common external tariff would have been 3.5 percentage points (25 percent) higher on average. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to study the political economy of trade policy. The research was funded by the Bank's Research Support Budget under the research project "The Anti-export Bias of Duty Drawbacks." The authors may be contacted at
[email protected],
[email protected], or
[email protected].
Author: Marcelo Olarreaga
Publisher:
ISBN:
Category :
Languages : en
Pages : 36
Get Book Here
Book Description
Evidence from Mercosur su ...
Author: David Wheeler
Publisher: World Bank Publications
ISBN:
Category : Air
Languages : en
Pages : 30
Get Book Here
Book Description
Critics of free trade have raised the specter of a "race to the bottom" in which environmental standards collapse because polluters threaten to relocate to "pollution havens" in the developing world. The flaw in the race-to-the-bottom model is that its basic assumptions misrepresent the political economy of pollution control in developing countries
Author: Jaime De Melo
Publisher: World Scientific
ISBN: 9814494917
Category : Business & Economics
Languages : en
Pages : 634
Get Book Here
Book Description
Differences in the choices of trade and macro policies, both by developing countries and by developed countries towards developing countries, have been critical in determining the overall performance of developing countries. All too often, the performance of developing countries has not been assessed using appropriately conducted studies. The papers in this book are chosen to bridge this gap and show how a quantitative approach to policy evaluation can help resolve controversies and explain the choice of observed policies.The book brings together carefully selected papers that assess the impacts of various trade and macro policies, by quantifying the policies of developing countries at the macro level (exchange rate, investment, savings) and at the sector level (trade and industrial policies), in addition to policies of developed countries towards developing countries (trade preferences, quotas, VERs and migration policies). Facets of the political economy of trade, migration, and climate policies are explored (such as the enlargement of the EU, the rise of regionalism and how it can ease the pains of adjustment to trade liberalization, openness and inequality). Growing tensions between trade and the environment are also investigated. In short, this book covers a wide area of events ranging from external and internal shocks to external and internal policies, showing how the consequences of these events can be brought to rigorous quantitative analysis.
Author: Vinod Thomas
Publisher: World Bank Publications
ISBN:
Category : Coeficiente de Gini
Languages : en
Pages : 42
Get Book Here
Book Description
Equal access to education is a basic human right. But in many countries gaps in education between various groups are staggering. An education Gini index -- a new indicator for the distribution of human capital and welfare -- facilitates comparison of education inequality across countries and over time.
Author: Alfredo G. A. Valladão
Publisher:
ISBN:
Category : Certificates of origin
Languages : en
Pages : 218
Get Book Here
Book Description
Author: Mona Haddad
Publisher: World Bank Publications
ISBN: 0821386336
Category : Business & Economics
Languages : en
Pages : 352
Get Book Here
Book Description
The global financial crisis triggered a broad reassessment of economic integration policies in developed and developing countries worldwide. The crisis-induced collapse in trade was the sharpest ever since World War II, affecting all countries and all product categories. A huge shock to the trading system, combined with severe macroeconomic instability, makes it natural for policymakers to call into question the basic underlying assumptions of trade liberalization and openness. In particular, outward-oriented or export-led growth strategies are being reassessed as openness is increasingly associated with greater volatility. However, it is crucial not to lose sight of the dynamic benefits that openness can offer. Examples include technology transfer, increased competitive pressure that reduces markups and improves efficiency, and economies of scale. The real question is how to manage outward-oriented strategies so as to maximize the benefits of openness while minimizing risks. This book aims to contribute to this important and ongoing policy debate, bringing together recent empirical work on the trade collapse, its causes and consequences, and the broader trade policy agenda in the post-crisis environment. It addresses critical policy issues revolving around the topic of outward-oriented growth strategy, including policy instruments that help manage risks associated with outward-orientation, lessons learned from the crisis for particular countries and regions, and how emerging trade policy issues such as climate change, commodities, global production networking, and migration affect the prospects for recovery and outward-oriented growth.
Author: Kati Suominen
Publisher:
ISBN:
Category : Certificates of origin
Languages : en
Pages : 550
Get Book Here
Book Description
Author: World Bank
Publisher: World Bank Publications
ISBN: 9780821350423
Category : Political Science
Languages : en
Pages : 186
Get Book Here
Book Description
This publication is a compilation of reports on research projects initiated, under way, or completed in fiscal year 2001 (July 1, 2000 through June 30, 2001). The abstracts cover 150 research projects from the World Bank and grouped under 11 major headings including poverty and social development, health and population, education, labor and employment, environment, infrastructure and urban development, and agriculture and rural development. The abstracts detail the questions addressed, the analytical methods used, the findings to date and their policy implications. Each abstract identifies the expected completion date of each project, the research team, and reports or publications produced.
