Policy implications of trade liberalization: The case of meat products in Taiwan and South Korea

Agribusiness ◽  
1995 ◽  
Vol 11 (4) ◽  
pp. 297-307 ◽  
Author(s):  
Patrick J. Byrne ◽  
Oral Capps ◽  
Reyfong Tsai ◽  
Gary Williams
Keyword(s):  
South Korea ◽  
Trade Liberalization ◽  
Meat Products ◽  
Policy Implications

Trade Liberalization and Productivity Performance: Evidence from the Australian Passenger Motor Vehicle Industry

2014 ◽  
Vol 14 (03n04) ◽  
pp. 467-485 ◽  
Author(s):  
Lionel Bopage ◽  
Kishor Sharma
Keyword(s):  
Trade Liberalization ◽  
Productivity Growth ◽  
Economies Of Scale ◽  
Motor Vehicle ◽  
Negative Impact ◽  
Policy Implications ◽  
Tariff Protection ◽  
Ongoing Debate ◽  
Motor Vehicle Industry ◽  
Production Subsidies

This paper contributes to the ongoing debate about the effects of trade liberalization on productivity performance of the Australian passenger motor vehicle industry, which has experienced significant liberalization over the years. Our analysis indicates that trade liberalization had a negative impact on productivity growth, at least in the immediate post-liberalization period. Empirical results suggest that economies of scale and tariff protection improve productivity, while industry assistance (such as the local content and duty drawback schemes and production subsidies) retards productivity. Policy implications of these findings are that there are dividends in terms of improved productivity by encouraging economies of scale, providing tariff protection and lowering industry assistance.

scholarly journals Impact of Trade Liberalization on Indonesian Export to South Korea, Japan, and China

2020 ◽  
Vol 10 (5) ◽  
Author(s):  
Silva Nur Rizha Fajriyanti ◽  
Rossanto Dwi Handoyo ◽  
Abdul Rahim Ridzuan ◽  
Mohamad Idham Md Razak
Keyword(s):  
South Korea ◽  
Trade Liberalization ◽  
Japan And China

Do Imports Increase Unemployment? Empirical Estimates That Are Not Model Dependent

2021 ◽  
Vol 16 (3) ◽  
pp. 447-469
Author(s):  
Jonathan E. Leightner ◽  
Keyword(s):  
Czech Republic ◽  
New Zealand ◽  
Theoretical Model ◽  
The Netherlands ◽  
South Korea ◽  
Trade Liberalization ◽  
Empirical Results ◽  
Empirical Estimates ◽  
The Us ◽  
The Uk

Some Ricardian models would predict a fall in unemployment with trade liberalization. In contrast, the Heckscher-Ohlin model (Stolper Samuelson Theorem) would predict trade liberalization would cause a fall in wages for labor scarce countries, resulting in greater unemployment if there are wage rigidities. The choice of which theoretical model is used affects the empirical results obtained. This paper produces estimates of the change in unemployment due to a change in imports that are not model dependent. The estimates produced are total derivatives that capture all the ways that imports and unemployment are correlated. I find that unemployment increases with increased imports for Austria, Greece, Japan, Portugal, South Korea, Slovenia, and Sweden, but that unemployment decreases with increased imports for Australia, Belgium, Canada, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Israel, Italy, Latvia, the Netherlands, New Zealand, Norway, Poland, Slovakia, Spain, the UK, and the US.

scholarly journals What Do Potential Residents Really Want When Hosting a Nuclear Power Plant? An Empirical Study of Economic Incentives in South Korea

Energies ◽  
2019 ◽  
Vol 12 (7) ◽  
pp. 1199 ◽  
Author(s):  
Sung-Yoon Huh ◽  
JongRoul Woo ◽  
Chul-Yong Lee
Keyword(s):  
South Korea ◽  
Nuclear Power ◽  
Power Plants ◽  
Simulation Analysis ◽  
Stated Preference ◽  
Mixed Logit ◽  
Economic Incentives ◽  
Policy Implications ◽  
New Public ◽  
Direct Form

To increase acceptance of new nuclear power plants (NPPs) by local communities, some countries offer those communities economic incentives. This study analyzes potential residents’ preferences for economic incentives provided during the construction and operation of NPPs in South Korea. This study uses stated preference data through a discrete choice experiment and the mixed logit model to reflect the heterogeneity of respondents’ preferences. The analysis results confirm heterogeneity by various incentive types, and show that respondents consider the distance between the NPP and the residential area as well as reduced electricity bills as crucial attribute of new NPPs. In addition, the result for the marginal willingness to be near to an NPP shows that reduced electricity bills, construction of new public facilities, and increased residents’ participation are relatively more effective incentives than job creation or solar panel installation. In particular, increased residents’ participation could greatly improve acceptance although it is not a direct form of financial support. The simulation analysis results indicate that acceptance of NPPs rapidly reduces as distance to the plant becomes shorter, although acceptance can change within a 0–30% range depending on the level of incentives. Several policy implications are suggested for policymakers based on the results.

South Korea's Marginal Intra-Industry Trade and the Choice of Preferential Partners

2004 ◽  
Vol 3 (3) ◽  
pp. 94-116 ◽  
Author(s):  
Hyun-Hoon Lee ◽  
Chan-Hyun Sohn
Keyword(s):  
South Korea ◽  
Trade Liberalization ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Trade Expansion ◽  
Industry Trade

South Korea recently signed a free trade agreement (FTA) with Chile and is currently negotiating or studying bilateral FTAs with about 20 countries. However, some South Koreans oppose such agreements because they fear that trade liberalization would result in costly factor adjustment. Many researchers believe that intra-industry trade expansion generates smaller inter-industry factor adjustment (and therefore lower costs) compared with the costs associated with inter-industry trade expansion. This paper analyzes the extent and nature of intra-industry trade and marginal intra-industry trade in South Korea, to help predict the relative costs it might face upon opening its markets to various countries.

scholarly journals Impact of Trade Liberalization on Employment in West African Economic and Monetary Union (WAEMU): A Gender Approach

2019 ◽  
pp. 1-15
Author(s):  
Lesfran Sam Wanilo Agbahoungba
Keyword(s):  
Trade Liberalization ◽  
Monetary Union ◽  
Fixed Effects ◽  
Generalized Least Squares ◽  
West African ◽  
Policy Implications ◽  
Economic And Monetary Union ◽  
Women's Employment ◽  
Women’S Employment ◽  
The Impact

The main objective of this paper is to assess the impact of trade liberalization on employment in West African Economic and Monetary Union (WAEMU) through a gender approach. We apply generalized least squares (GLS) estimation techniques with both random and fixed effects on panel data covering the period of 2000-2017. Due to the lack of data, Guinea-Bissau is not part of our analysis. The results show that, while trade liberalization does not explain women’s employment patterns, it rather contributes in job destruction for men in the WAEMU. In conclusion, the impact of trade liberalization of employment is not gender neutral. Rather, it varies depending on the sex of people. In terms of policy implications, this study calls policy makers to setting up, better negotiating or renegotiating trade agreements and implementing trade policies that are more inclusive and beneficial particularly to the population. This could be done by taking into consideration women’s employment particularities in the union, enhancing productive capacities of men, reducing and eliminating inequalities related to people gender and sex.

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