Free Trade Areas and Rules of Origin : Economics and Politics / Arvind Panagariya, Rupa Duttagupta.

Format:

Book

Government document

Author/Creator:

Panagariya, Arvind.

Contributor:

Duttagupta, Rupa.

Series:

IMF Working Papers; Working Paper ; No. 2003/229

IMF Working Papers

Language:

English

Subjects (All):

Customs unions.

Certificates of origin.

Free trade--Econometric models.

Free trade.

Physical Description:

1 online resource (30 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2003.

Language Note:

English

Summary:

Incorporating intermediate inputs into a small-union general-equilibrium model, this paper first develops the welfare economics of preferential trading under the rules of origin (ROO) and then demonstrates that the ROO could improve the political viability of Free Trade Agreements (FTAs). Two interesting outcomes are derived. First, a welfare reducing FTA that was rejected in the absence of the ROO becomes feasible in the presence of these rules. Second, a welfare improving FTA that was rejected in the absence of the ROO is endorsed in their presence, but upon endorsement it becomes welfare inferior relative to the status quo.

Contents:

""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. THE ECONOMICS AND POLITICS OF FTAS IN THE ABSENCE OF ROOS""; ""IV. THE ECONOMIC EFFECTS OF THE RULES OF ORIGIN""; ""V. POLITICAL VIABILITY OF FTA WITH ROO""; ""VI. CONCLUSION""; ""REFERENCES""

Notes:

Description based upon print version of record.

Includes bibliographical references.

Description based on online resource; title from PDF title page (ebrary, viewed September 17, 2015).

ISBN:

9786613823892

9781462316359

1462316352

9781452792408

1452792402

9781283511445

1283511444

9781451920093

1451920091