European Industrial Policy as a Non-Tariff Barrier

Tariff and Non-Tariff Barriers to Trade

that restrict trade between countries in agricultural commodities. Many of these policies are now subject to important disciplines under the 1994 GATT agreement that is administered by the World Trade Organization (WTO). The paper is organized as follows. First, tariffs, import quotas, and tariff rate quotas are discussed. Then, a series of non-tariff barriers to trade are examined, including v...

Decentralization of Industrial Policy as Strategic Delegation

What is the appropriate degree of centralization in the context of industrial policy? The basic advantage of centralization results from internalization of external e ects. While most of the literature stresses the superior information of regional authorities as a countervailing force, the present paper discusses another argument in favor of decentralization: Delegation of authority to regional...

Wage-Setting Institutions as Industrial Policy

Centralized wage-setting institutions compress relative wages. Motivated by this fact, we investigate the effects of centralized wage setting on the industry distribution of em-ployment. We examine Sweden’s industry distribution from 1960 to 1994 and compare it to the U.S. distribution over the same period. We relate U.S.-Swedish differences in the industry distribution and their evolution over...

1 Regulation without a Regulator : the Tariff Policy in Poland

The purpose of this paper is to discuss and assess the tariff policy that TPSA has been pursuing while the regulatory agencies have been remaining entirely indifferent. The most important provisions of the imperfect regulatory framework and market structure are described. The evolution of tariffs, which has not contributed towards the rebalancing during last several years, and their internation...

Industrial Policy