Trade Preferences for Manufactured Goods

Author(s):  
Harry G. Johnson
1972 ◽  
Vol 10 (2) ◽  
pp. 285-289
Author(s):  
Robert L. Curry

The Generalized System of Preference is composed of various schemes under which donor countries, or regions, offer non-reciprocal and general tariff reductions on the imports of semi-manufactured and manufactured goods from developing countries. The G.S.P. differs from preferences previously granted to African countries by European nations in two ways: first, the preferences granted relate to a broad range of articles rather than relating to specific primary commodities; and secondly, they are non-reciprocal and do not bind developing countries to grant trade preferences on selected imported goods in order to receive them on some of the commodities and food-stuffs that they export.


1969 ◽  
Vol 9 (3) ◽  
pp. 330-342
Author(s):  
G. C. Hufbauer ◽  
Nayyara Aziz ◽  
Asghar Ali

The senior author has elsewhere argued [8] that foreign exchange earned by the export of West Pakistan-manufactured goods has a high domestic cost. Much the same contention has been advanced by Hecox [7], Islam [9] and MacEwan [11]. In these papers the relationship between costs and earnings is usually based on fairly abstract assumptions. The purpose of this note is to reduce the calculations to a "plain man" level. Specifically, we try to calculate how many rupees of indigenous resources are expended to earn each extra rupee of foreign exchange which is received from exporting cotton textiles and leather goods rather than their primary ingredients, namely raw cotton and hides and skins i. Since this note was written, the Board of Economic Inquiry, Lahore, at the request of the West Pakistan Planning and Development Department, has undertaken a wider study applying the same general approach used here.


2019 ◽  
pp. 106-111
Author(s):  
S.A. Tikhomoriva ◽  
◽  
A.R. Vinogradova ◽  
A.A. Bogatyreva ◽  
◽  
...  

2021 ◽  
Vol 14 (2) ◽  
pp. 52
Author(s):  
Cristina Di Stefano ◽  
P. Lelio Iapadre ◽  
Ilaria Salvati

This paper aims at investigating whether and how the intensity of trade between a pair of countries changes when they experience improvements in their infrastructural systems. We carry out our analysis considering countries participating in the Belt and Road Initiative (BRI), a project specifically designed to promote infrastructural connectivity and therefore boost trade among the countries involved. Our empirical strategy relies on a particular specification of the gravity model, in which the dependent variable consists in an index of revealed trade preferences, calculated by comparing the actual value of trade flows between two countries with their expected value, proportional to the two countries’ total trade. Such methodology allows us to estimate bilateral trade intensity without resorting to the traditional “size” variables of the gravity model, taking the entire network of multilateral trade into account. We then study the possible impact of an improvement in infrastructure on a ‘gravity-adjusted’ measure of trade preferences, given by the residuals of our first estimations. Our results indicate that bilateral preferences among BRI countries will intensify inasmuch as they succeed in coordinating their infrastructural projects.


2017 ◽  
Vol 71 (4) ◽  
pp. 827-850 ◽  
Author(s):  
Diana C. Mutz ◽  
Eunji Kim

AbstractUsing a population-based survey experiment, this study evaluates the role of in-group favoritism in influencing American attitudes toward international trade. By systematically altering which countries gain or lose from a given trade policy (Americans and/or people in trading partner countries), we vary the role that in-group favoritism should play in influencing preferences.Our results provide evidence of two distinct forms of in-group favoritism. The first, and least surprising, is that Americans value the well-being of other Americans more than that of people outside their own country. Rather than maximize total gains, Americans choose policies that maximize in-group well-being. This tendency is exacerbated by a sense of national superiority; Americans favor their national in-group to a greater extent if they perceive Americans to be more deserving.Second, high levels of perceived intergroup competition lead some Americans to prefer trade policies that benefit the in-group and hurt the out-group over policies that help both their own country and the trading partner country. For a policy to elicit support, it is important not only that the US benefits, but also that the trading partner country loses so that the US achieves a greater relative advantage. We discuss the implications of these findings for understanding bipartisan public opposition to trade.


2012 ◽  
Vol 44 (2) ◽  
pp. 285-317 ◽  
Author(s):  
CLAUDIO BELINI

AbstractThis article studies the growth and decline of Argentine exports of manufactured goods during the 1940s and 1950s. In a context that was favourable due to the global scarcity of manufactured goods, Argentine industry managed to sell its products in several foreign markets, especially in Latin America, during the Second World War. In the post-war period, however, exports declined and returned to the levels of the 1930s. After 1950 the Peronist administration again tried to stimulate exports through the use of various incentives, but they did not revive. The article examines the reasons for this decline, the role played by the economic, commercial and industrial policies of the Peronist era, and the problems that Argentine industry faced in remaining competitive. Based on this analysis, the paper questions the interpretation that argues that exporting manufactured goods was a viable path for development for import substitution industrialisation countries in the post-war world. In this respect the paper contributes to the discussion of different paths towards economic development in Latin America.


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