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1993

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Articles 1 - 15 of 15

Full-Text Articles in International Economics

Ua68/2/1 Intercambio Internacional, Vol. Xii, No. 1, Wku Latin American Studis Dec 1993

Ua68/2/1 Intercambio Internacional, Vol. Xii, No. 1, Wku Latin American Studis

WKU Archives Records

Newsletter created by WKU Latin American Studies program regarding science, politics and economic advances in Latin America as well as cooperative projects between WKU and universities across Latin America. The newsletter is written in both English and Spanish.


Implications Of The North American Free Trade Agreement For Long-Term Adjustment In U.S.-Mexican Beef Production And Trade, Bryan E. Melton, Wallace E. Huffman Dec 1993

Implications Of The North American Free Trade Agreement For Long-Term Adjustment In U.S.-Mexican Beef Production And Trade, Bryan E. Melton, Wallace E. Huffman

CARD Working Papers

Mexico and the United States have a long history of substantial trade in cattle and beef. The enactment of a NAFTA, and the subsequent elimination of tariffs and non-tariff trade barriers, will alter that trade balance. In the short run, this will result in increased imports of feeder cattle from Mexico to the United States and increased exports of beef. In the longer run, technology transfers that reduce Mexico's cost of beef production may result. Mexico could become a net beef exporter to the United States with accompanying shifts in beef cow herd size.


Deregulation And Trade Liberalization: The Indonesia Reform Program, Scott Fausti, Rony Bishry Oct 1993

Deregulation And Trade Liberalization: The Indonesia Reform Program, Scott Fausti, Rony Bishry

Economics Staff Paper Series

Beginning in the early 1980s, Indonesia embarked on the most comprehensive trade liberalization program in its history. The long-term goal of the reform program is to replace Indonesia's industrial development strategy of import substitution industrialization with one of export oriented industrial growth. The issues to be discussed in this paper are: 1) the historical context from which the current liberalization program evolved, 2) the recent reform measures implemented by the Indonesian government, 3) the pattern of liberalization with respect to the sequencing and speed of reforms, and 4) the successes and failures of the new trade regime.


Interventi Disaccoppiati, Riforma Della Pac E Redditi Agricoli: Una Analisi Qualitativa, Paolo Sckokai, Giancarlo Moschini Sep 1993

Interventi Disaccoppiati, Riforma Della Pac E Redditi Agricoli: Una Analisi Qualitativa, Paolo Sckokai, Giancarlo Moschini

Economics Publications

La recente riforma della Politica Agricola Comune (PAC) costituisce uno dei cambiamenti piu drastici ed ambiziosi che sia stato mai intrapreso negli orientamenti comunitari. Come e noto, il sostegno del mercato dei principali prodotti agricoli subira modificazioni profonde, ponendo una serie di importanti quesiti sugli effetti economici della riforma. In Italia, lo sforzo dei ricercatori si e rivolto essenzialmente alia quantificazione degli effetti sui redditi agricoli, come logica risposta aile preoccupazioni del mondo rurale, che vede nella riforma una vera e propria rivoluzione 1 , In queStO COnteStO, Un puntO di pattenza Utile e rappresentato da una discussione teorica dei nuovi ...


Lithuanian Agriculture And The World Market: Policy Options And Implications And Modeling Agricultural Markets For Policy Trade Analysis In Lithuania, Natalija Kazlauskiene Sep 1993

Lithuanian Agriculture And The World Market: Policy Options And Implications And Modeling Agricultural Markets For Policy Trade Analysis In Lithuania, Natalija Kazlauskiene

BALTIC Reports

The two related papers in this report were prepared for two conferences in Estonia in May 1993. The first paper (Saku) discusses alternative policy directions for Lithuanian agriculture and provides a qualitative assessment of these options. The second paper (Tartu) uses a simulation model for Lithuanian agricultural markets to analyze the impacts of three policy scenarios. The reference or baseline scenario assumes that real prices will increase at a specified rate. This forms the basis for comparison of two other scenarios. One assumes that domestic prices reach world market parity prices by 1995, allowing only for a quality discount of ...


Economic Reform And The Agricultural Marketing System In The People's Republic Of China, Bingrong Jiang, Marvin L. Hayenga Aug 1993

Economic Reform And The Agricultural Marketing System In The People's Republic Of China, Bingrong Jiang, Marvin L. Hayenga

Economic Staff Paper Series

China's economy has experienced great changes since economic reform began in the late 1970s, and was followed by the "open door" policy in early 1980s. The economy grew rapidly in the past decade, as GNP grew more than 10 percent per year, far outstripping any other country in the world (Reynolds, 1988), China's economic performance made the covers of The Economist ((Nov. 28, 1992) and Business Week (May 17, 1993). "With the economy booming at a 12% annual clip and hitting 14% for the first quarter of 1993, China's emergence is already shaking the world." (Business Week ...


The Effect Of Uncertainty On A Joint Product Model Of Smuggling, Scott Fausti Jul 1993

The Effect Of Uncertainty On A Joint Product Model Of Smuggling, Scott Fausti

Economics Staff Paper Series

Extending the seminal work of Bhagwati and Hansen (1973) on smuggling, Pitt (1981) developed a joint export smuggling model to investigate the welfare effect of illegal transactions. This paper develops an extension of Pitt's original model which allows many of the interesting features of the Bhagwati and Hansen model to be reexamined within a joint product model of smuggling framework. The extension is made through the following modifications to Pitt's assumptions: 1) firms that export are free to engage in joint product smuggling or strictly legal trade; and 2) uncertainty is introduced into the model via active government ...


Implications Of The Gatt Agreement For Iowa, John Kruse May 1993

Implications Of The Gatt Agreement For Iowa, John Kruse

CARD Briefing Papers

What is the General Agreement on Tariffs and Trade (GATT)? The GATT may be best described as an ongoing process through which trade distortions among countries are defined and targeted for reduction. There have been seven previous GATT agreements over the years. The most recent GATT agreement represents the eighth round of trade negotiations and is often called the Uruguay Round in reference to Punta del Este, Uruguay, where the agenda was set in 1986. The Uruguay Round of trade negotiations was the first to focus directly on trade distortions in agriculture. Agricultural trade distortions were chosen primarily because of ...


The Random Trend In Stock Price Change Stays Mainly In The Cointegration Plane, Pin J. Chung, Donald J. Liu Feb 1993

The Random Trend In Stock Price Change Stays Mainly In The Cointegration Plane, Pin J. Chung, Donald J. Liu

Economic Staff Paper Series

In an economic environment where international considerations are prominent, knowledge of the structure of the international equity market is important. Individual investors are interested in knowing the relationship among different national stock prices because it facilitates international diversification. Economists also pay attention to the relationship because it affects capital flows, and investment and consumption decisions.


Aggregate Agricultural Inputs And Outputs In Developing Countries: A Data Set, Jori Elisiana, Lilyan E. Fulginiti, Richard K. Perrin Feb 1993

Aggregate Agricultural Inputs And Outputs In Developing Countries: A Data Set, Jori Elisiana, Lilyan E. Fulginiti, Richard K. Perrin

CARD Technical Reports

This report presents aggregate data on agricultural inputs and outputs for 18 developing countries: Argentina, Brazil, Chile, Colombia, Dominican Republic, Egypt, Ghana, Ivory Coast, Malaysia, Morocco, Pakistan, Philippines, Portugal, South Korea, Sri Lanka, Thailand, Turkey, and Zambia for 1961-88.


Imprudent Power: Reconsidering U.S. Regulation Of Foreign Tender Offers, Jill E. Fisch Jan 1993

Imprudent Power: Reconsidering U.S. Regulation Of Foreign Tender Offers, Jill E. Fisch

Faculty Scholarship at Penn Law

No abstract provided.


Of Devaluation, Imports, Exports, Balance Of Payments And The Imf In Malawi: A Case Study, Vincent G. Malunga Jan 1993

Of Devaluation, Imports, Exports, Balance Of Payments And The Imf In Malawi: A Case Study, Vincent G. Malunga

Masters Theses

In International Economics, conventional wisdom suggests that devaluation improves the trade balance for a country. This is possible because, by worsening the terms of trade for a country, devaluation leads to import substitution and enhanced competitiveness in the export sector. The trade balance is expected to improve via the J-curve, where the trade balance worsens first, until a country is able to adjust to the contractual problem.

This project sought to identify the presence of the J-curve or a lack thereof in Malawi, a country in South Central Africa, within the contextual frame work of the IMF's structural adjustment ...


Statement By Former U. S. Trade Representative Clayton Yeutter, Clayton K. Yeutter Jan 1993

Statement By Former U. S. Trade Representative Clayton Yeutter, Clayton K. Yeutter

Clayton K. Yeutter, U.S. Secretary of Agriculture Papers

When the Uruguay Round was launched in 1986, those of us who were present expected it to be completed in four years. Regrettably it took seven. The delay reflects the turmoil and disruptions of a global recession, termination of the Cold War, and political turnover among some of the major trading nations. But persistence paid off, this very ambitious Round is now successfully concluded, and the world will be better off for it.


Foreign Direct Investment In The United States: Issues, Magnitudes, And Location Choice Of New Manufacturing Plants, Jan Ondrich, Michael J. Wasylenko Jan 1993

Foreign Direct Investment In The United States: Issues, Magnitudes, And Location Choice Of New Manufacturing Plants, Jan Ondrich, Michael J. Wasylenko

Upjohn Press

What effect does foreign direct investment (FDI) have on job creation, wages, and productivity in the U.S.? How does FDI impact the budget deficit? How do changes in states' fiscal policy affect plant location choices? Ondrych and Wasylenko address these and other politically-charged questions concerning FDI. Provided is empirical evidence drawn from a pooled cross-section and time-series data set that identifies the criteria foreigners use to make location decisions. The authors also develop a model, against which they compare their findings, and review policy options available at the state and federal levels. Information provided will help states shape, focus ...


Perchance To Dream: The Global Economy And The American Dream, Michael S. Knoll Jan 1993

Perchance To Dream: The Global Economy And The American Dream, Michael S. Knoll

Faculty Scholarship at Penn Law

No abstract provided.