Legal aspects of e-commerce have recently been extensively explored in a number of academic fora. The subject matter of cyberlaw has increasingly gained the recognition of legal community as a distinct area of legal analysis at the national, regional and global levels with the EU directives relating to e-commerce being fine examples of regulatory framework under development, ratification and im...

The paper examines the development of foreign trade institutions and policies in Central European countries that were invited to negotiate accession to the EU. The dismantling of state trading has dramatically liberalized conditions in market access. Yet, with the exception of Estonia and to a lesser extent the Czech Republic, they have followed the policy of bilateral rather than multilateral ...

Regional Comprehensive Economic Partnership (RCEP) is a mega-regional free trade agreement aimed to remove tariff and non-tariff barriers, increase facilitation, liberalise investment, promote global value chains among the member countries. The study aims know importance of RCEP regarding trade, foreign direct investment other economic affairs for China its potential benefits members. It has pr...

A simple two-country model of economic geography is constructed in order to examine the effect of tariff competition on the spatial distribution of manufacturing activities as well as on welfare. We show that when the transport cost is sufficiently small, tariff competition with firm migration leads to a core-periphery economy, where one of the two countries imposes no tariff in Nash equilibriu...

We show that the effects of tariff changes on welfare and import volume are fully characterised by their effects on the generalised mean and variance of the tariff distribution, implying two "cones of liberalisation" in commodity price space. Because welfare is negatively but import volume positively related to the generalised variance, the cones do not intersect, which poses a policy dilemma. ...

This paper analyses the economic effects of different magnitudes of tariff cuts, different tariff cutting formulas, the implications of tariff capping as well as different numbers and width of tariff bands in the market access pillar of the Doha Round agricultural negotiations. The simulations are conducted with an extended version of the GTAP model and an extended version of the GTAP data base...

This paper introduces the concept of a steepest ascent tariff reform for a small open economy. By construction, it is locally optimal in that it yields the highest gain in utility of any feasible tariff reform vector of the same length. Accordingly, it provides a convenient benchmark for the evaluation of the welfare effectiveness of other tariff reform proposals. We develop the properties of t...

This paper investigates the effects of a tariff reduction on the grain self-sufficiency and the sustainability of domestic grain production. We develop a theoretical model in which trade, tariff, and supply-demand equations are explicitly included, with the classification of food importing and exporting countries. Estimation results based on panel data for 150 countries over 17 years show that ...

This paper evaluates the opportunity and efficiency to introduce a two-part tariff to coordinate the location of power plants with lumpy transmission investments. Nodal pricing sends the short run component of such a two-part tariff and we study the case where the average participation tariff sends the long run one. We argue that this solution is helpful because the average participation tariff...

We consider optimal trade policy for a large country with private information. We show that the optimal tariff leads to a signaling equilibrium with higher tariffs and lower welfare than under complete information, whereas the optimal import quota replicates the complete information equilibrium and thus is superior to the tariff. We also show that, with the tariff, the country may be better off...