Effect of multilateral trade liberalization on services export diversification

Effects of Multilateral Trade Liberalization on Prices∗

To analyze the effects on prices of simultaneous tariff reductions by multiple importing countries, we construct a simple three-country model where a good is produced by a monopolist with non-constant marginal cost and imported by two countries. We specifically compare two representative tariff-reduction formulas: the "fixed-amount" and the "uniform percentage" reductions. The uniform percentag...

Multilateral Trade Liberalization and Poverty Reduction

Shrimp export from Bangladesh: Effect of war and trade liberalization

The study estimates the growth rates of frozen food, shrimp and total export, and instability of export earnings. The study evaluates the export marketing of frozen food; shrimp and fish by using time series aggregated data from the year of 1972-73 to 2005-06. The growth rates of frozen food were 44%, 11%, and 10% during post-war period (197273 to 1982-83), pre-trade liberalization (1983-84 to ...

Trade Liberalization and Investment in a Multilateral Framework

Trade Liberalization and Investment in a Multilateral Framework This paper explores trade policy and investment linkages in a multicountry framework. This is done under alternative steady-state closure rules linking trade to consumption, production, and investment, and emphasizing the general equilibrium nature of capital accumulation mechanisms. When policy shocks are capital friendly, induced...

Trade openness, export diversification, and political regimes

Recent studies have challenged the view that trade openness leads to more specialization in countries’ trade. Using a panel of 116 countries over 35 years, we show that openness can be positively associated with both specialization and diversification, depending on the measure used. Moreover, for developing countries in our sample, the effect of openness on trade structure depends on the type o...