Author: Colin Carter
Publisher: CRC Press
ISBN: 0429694474
Category : Science
Languages : en
Pages : 270
Book Description
This book presents International Agricultural Trade Research Consortium commissioned papers. The papers systematically explore the conceptual and empirical dimensions of the new trade theory and try to determine the potential application to agricultural trade and trade policy analysis.
Imperfect Competition And Political Economy
Author: Colin Carter
Publisher: CRC Press
ISBN: 0429694474
Category : Science
Languages : en
Pages : 270
Book Description
This book presents International Agricultural Trade Research Consortium commissioned papers. The papers systematically explore the conceptual and empirical dimensions of the new trade theory and try to determine the potential application to agricultural trade and trade policy analysis.
Publisher: CRC Press
ISBN: 0429694474
Category : Science
Languages : en
Pages : 270
Book Description
This book presents International Agricultural Trade Research Consortium commissioned papers. The papers systematically explore the conceptual and empirical dimensions of the new trade theory and try to determine the potential application to agricultural trade and trade policy analysis.
Researching the Trade-productivity Link
Author: James R. Tybout
Publisher: World Bank Publications
ISBN:
Category : Comercio
Languages : en
Pages : 62
Book Description
No stable, predictable correlations have emerged in studies of how trade policy affects productivity growth but market concentration seems to be an important factor. Research also suggests that increased foreign competition tends to induce cuts in plant size, may improve technical efficiency, and appears not to be closely linked with firm entry patterns.
Publisher: World Bank Publications
ISBN:
Category : Comercio
Languages : en
Pages : 62
Book Description
No stable, predictable correlations have emerged in studies of how trade policy affects productivity growth but market concentration seems to be an important factor. Research also suggests that increased foreign competition tends to induce cuts in plant size, may improve technical efficiency, and appears not to be closely linked with firm entry patterns.
Liberalization, Productivity, and Competition
Author: Vivek Srivastava
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 188
Book Description
The empirical evidence linking economic reform in developing countries with gains in productivity and efficiency is both limited and inconclusive. Using large firm-level data collected by the Reserve Bank of India, this book examines the impact of reform on productivity and competition for the Indian manufacturing sector in the eighties. Relying on econometric estimates of pre- and post-reform productivity growth, the study finds evidence of significantly higher productivity growth rates after the mid-eighties both at the aggregate and two-digit sector levels. The author seeks corroborating evidence by developing a framework that enables him to simultaneously estimate economies of scale, a measure of optimal labour utilization and the mark-up of price over marginal cost as an indicator of competitiveness. Though he finds evidence of better labour utilization, there is no indication of reduced market power or any significant departure from constant returns to scale in the post-reform period. He concludes that even the limited reforms of the eighties led to productivity gains which were achieved largely through better resource use.
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 188
Book Description
The empirical evidence linking economic reform in developing countries with gains in productivity and efficiency is both limited and inconclusive. Using large firm-level data collected by the Reserve Bank of India, this book examines the impact of reform on productivity and competition for the Indian manufacturing sector in the eighties. Relying on econometric estimates of pre- and post-reform productivity growth, the study finds evidence of significantly higher productivity growth rates after the mid-eighties both at the aggregate and two-digit sector levels. The author seeks corroborating evidence by developing a framework that enables him to simultaneously estimate economies of scale, a measure of optimal labour utilization and the mark-up of price over marginal cost as an indicator of competitiveness. Though he finds evidence of better labour utilization, there is no indication of reduced market power or any significant departure from constant returns to scale in the post-reform period. He concludes that even the limited reforms of the eighties led to productivity gains which were achieved largely through better resource use.
Trade Liberalization and Wage Inequality
Author: Ms.Prachi Mishra
Publisher: International Monetary Fund
ISBN: 1451860390
Category : Business & Economics
Languages : en
Pages : 44
Book Description
We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure. The empirical strategy uses variation in industry wage premiums and trade policy across industries and over time. In contrast to earlier studies on developing countries, we find a strong, negative, and robust relationship between changes in trade policy and changes in industry wage premiums over time. The results are consistent with liberalization-induced productivity increases at the firm level, which get passed on to industry wages. Since tariff reductions were proportionately larger in sectors that employ a larger share of unskilled workers, the increase in wage premiums in these sectors implies that unskilled workers experienced an increase in their relative incomes. Thus, our findings suggest that trade liberalization has led to decreased wage inequality in India.
Publisher: International Monetary Fund
ISBN: 1451860390
Category : Business & Economics
Languages : en
Pages : 44
Book Description
We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure. The empirical strategy uses variation in industry wage premiums and trade policy across industries and over time. In contrast to earlier studies on developing countries, we find a strong, negative, and robust relationship between changes in trade policy and changes in industry wage premiums over time. The results are consistent with liberalization-induced productivity increases at the firm level, which get passed on to industry wages. Since tariff reductions were proportionately larger in sectors that employ a larger share of unskilled workers, the increase in wage premiums in these sectors implies that unskilled workers experienced an increase in their relative incomes. Thus, our findings suggest that trade liberalization has led to decreased wage inequality in India.
The Dynamic Effects of Trade Liberalization: An Empirical Analysis, Inv. 332-375
Author:
Publisher: DIANE Publishing
ISBN: 1457825414
Category :
Languages : en
Pages : 166
Book Description
Publisher: DIANE Publishing
ISBN: 1457825414
Category :
Languages : en
Pages : 166
Book Description
How Trade Liberalization Affected Productivity in Morocco
Author: Mona Haddad
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 52
Book Description
Trade liberalization in Morocco improved productivity in manufacturing firms, so they could exploit their comparative advantage and compete better with foreign firms.
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 52
Book Description
Trade liberalization in Morocco improved productivity in manufacturing firms, so they could exploit their comparative advantage and compete better with foreign firms.
Trade Liberalization, Firm Performance, and Labor Market Outcomes in the Developing World
Author: Paolo Epifani
Publisher: World Bank Publications
ISBN:
Category : Comercio regional
Languages : en
Pages : 76
Book Description
Reviews the micro-level evidence on the effects of trade and investment liberalization in the developing world. He focuses, in particular, on the effects of the 1991 trade reform in India since it provides an excellent controlled experiment in which the effects of a drastic trade regime change can be measured. His main findings are: 1) There is evidence of trade-induced productivity gains (in this respect, however, India is an exception. 2) These gains mainly stem from intra-industry reallocation of resources among firms with different productivity levels. 3) The gains are larger in import-competing sectors. 4) There is no evidence of significant scale efficiency gains. Unilateral trade liberalization is often associated with a reduced scale efficiency. 5) There is evidence of a pro-competitive effect of trade liberalization. 6) There is no evidence either of learning-by-exporting effects or of beneficial spillover effects from foreign-owned to local firms active in the same sectors. 7) There is evidence, however, of positive vertical spillovers from foreign direct investment. 8) There is evidence of skill upgrading induced either by technology imports or by trade-induced reallocations of market shares in favor of plants with higher skill-intensity. 9) There is no evidence of trade-induced increases in labor demand elasticities. But direct evidence suggests that trade exposure raises wage volatility. 10) There is no evidence of substantial employment contraction in import-competing sectors.
Publisher: World Bank Publications
ISBN:
Category : Comercio regional
Languages : en
Pages : 76
Book Description
Reviews the micro-level evidence on the effects of trade and investment liberalization in the developing world. He focuses, in particular, on the effects of the 1991 trade reform in India since it provides an excellent controlled experiment in which the effects of a drastic trade regime change can be measured. His main findings are: 1) There is evidence of trade-induced productivity gains (in this respect, however, India is an exception. 2) These gains mainly stem from intra-industry reallocation of resources among firms with different productivity levels. 3) The gains are larger in import-competing sectors. 4) There is no evidence of significant scale efficiency gains. Unilateral trade liberalization is often associated with a reduced scale efficiency. 5) There is evidence of a pro-competitive effect of trade liberalization. 6) There is no evidence either of learning-by-exporting effects or of beneficial spillover effects from foreign-owned to local firms active in the same sectors. 7) There is evidence, however, of positive vertical spillovers from foreign direct investment. 8) There is evidence of skill upgrading induced either by technology imports or by trade-induced reallocations of market shares in favor of plants with higher skill-intensity. 9) There is no evidence of trade-induced increases in labor demand elasticities. But direct evidence suggests that trade exposure raises wage volatility. 10) There is no evidence of substantial employment contraction in import-competing sectors.
MEXAGMKTS
Author: Gerald T. O'Mara
Publisher: World Bank Publications
ISBN:
Category : Agriculture
Languages : en
Pages : 66
Book Description
Publisher: World Bank Publications
ISBN:
Category : Agriculture
Languages : en
Pages : 66
Book Description
The Dynamic Effects of Trade Liberalization
Author: United States International Trade Commission
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 168
Book Description
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 168
Book Description
Foreign Trade Reforms and Development Strategy
Author: Jean-Marc Fontaine
Publisher: Routledge
ISBN: 1134907109
Category : Business & Economics
Languages : en
Pages : 235
Book Description
An effective rebuttal to the orthodox view that developing countries should liberalise their trade policies. The contributors consider both the theoretical framework and the empirical evidence.
Publisher: Routledge
ISBN: 1134907109
Category : Business & Economics
Languages : en
Pages : 235
Book Description
An effective rebuttal to the orthodox view that developing countries should liberalise their trade policies. The contributors consider both the theoretical framework and the empirical evidence.