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1 – 10 of 386Huey-Lin Lee, Ching-Cheng Chang, Yungho Weng, Sheng-Ming Hsu, Shih-Hsun Hsu and Yi-Chieh Chen
– The purpose of this paper is to assess the degree of tariff escalation in Taiwan's agriculture-related commodities and the economy-wide impact of tariff harmonization.
Abstract
Purpose
The purpose of this paper is to assess the degree of tariff escalation in Taiwan's agriculture-related commodities and the economy-wide impact of tariff harmonization.
Design/methodology/approach
A computable general equilibrium model of the Taiwan economy is applied to simulate for the economy-wide impact of three alternative proposals that reduce tariff rates as well as the degree of tariff escalation in agriculture-related products.
Findings
The paper shows that reduction in tariff wedge helps increase social welfare of Taiwan at the expense of some agricultural sectors. Based on the pair-wise comparisons of the three tariff reduction proposals, the scenario where the upstream products have the least reduction would have agricultural sectors fare better than in the other scenarios where more negative impact on output and employment would occur to agricultural sectors.
Originality/value
The paper assesses quantitatively the economy-wide impact of reducing tariff wedges between unprocessed and processed products, which is rarely seen in the literature using a detailed computable general equilibrium model.
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Keywords
The level and structure of protection from tariff and non‐tariff measures confronted by developing country exports of oilseeds, vegetable oils, and related products are examined…
Abstract
The level and structure of protection from tariff and non‐tariff measures confronted by developing country exports of oilseeds, vegetable oils, and related products are examined to assess the gains available to these countries through further rounds of trade liberalisation. Although developing country exporters of these products can expect only limited benefits from a removal of tariffs by major developed market economy country (DMEC) importers, considerable gains could be realised by removing the relatively higher tariff rates imposed by the developing countries, and by removing the many non‐tariff measures which developing countries and DMECs use as well.
Maria‐Alejandra Gonzalez‐Perez and Santiago Gutierrez‐Viana
The purpose of this paper is to present a cross‐country study comparing Colombia and Vietnam, two of the major coffee exporting countries in the world, in terms of their…
Abstract
Purpose
The purpose of this paper is to present a cross‐country study comparing Colombia and Vietnam, two of the major coffee exporting countries in the world, in terms of their infrastructures, the roles of external shocks, technology adoption at different stages of production, added value, positioning in both domestic and global markets, internationalisation patterns, marketing and branding innovations, regulatory frameworks, and policy environments. This study also explores other aspects linked to production, and marketing strategies that open niche markets such as speciality coffees, and socially‐, labour‐ and environmentally‐responsible trade. Furthermore, it identifies opportunities of cooperation and competition between these two countries.
Design/methodology/approach
Using value chain analysis as primary research method, this paper identifies links and dynamics in the value chains that have been developed in the coffee industry in both countries to improve competitiveness, increase sustainability, and respond to market demands.
Findings
Using value chain analysis, it was found that Colombia and Vietnam produce different types of coffee, and that both have implemented diverse strategies in order to be more competitive in domestic and foreign markets via product differentiation. These differences make explicit room for cooperation between these two countries in an international environment where fierce competition persists.
Originality/value
Cooperation between producing countries is an under‐researched subject. These findings will be useful both for policy makers in coffee‐producing countries and agribusiness researchers.
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Mervyn Martin and Maryam Shademan Pajouh
The purpose of the paper is to highlight the lack of fairness in the international trading system, including the HR policies in the WTO which have wider implications on the…
Abstract
Purpose
The purpose of the paper is to highlight the lack of fairness in the international trading system, including the HR policies in the WTO which have wider implications on the participation of developing countries in the multilateral trading system.
Design/methodology/approach
The main research methodology undertaken for this paper is based on the quantitative approach, predominantly from sources such as books, articles and WTO reports.
Findings
There is a correlation between the HR policies employed by the WTO and the usage by developing countries of the WTO DSU.
Practical implications
The implications of the research/paper indicate that discrimination against developing countries in the international system goes beyond their inherent weakness as poorer members of the international order. Such discrimination is deep rooted within the institutional governance of the system.
Social implications
The need to re‐evaluate policies practices by international institutions in the light of the developments of the twenty‐first century.
Originality/value
There has been no work undertaken in relation to the use of language as a criterion for job selection and its implications on the participatory value of developing countries in the WTO DSU.
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Keywords
The purpose of this paper is to demonstrate by text and empirical facts, the need to reform the rules in force.
Abstract
Purpose
The purpose of this paper is to demonstrate by text and empirical facts, the need to reform the rules in force.
Design/methodology/approach
This study confronts current standards with empirical facts. To do this, it is postulated that even though current market access standards are better that the Gatt 1947 rules, they leave the possibility for some members to hijack them to eventually increase their protection effective tariff.
Findings
Market access standards for agricultural products should be reformed because of their asymmetry. To put an end to this asymmetry, these standards should be rebalanced. This is precisely the challenge of the current multilateral negotiations.
Originality/value
Unlike the studies conducted on this subject (to my knowledge), which are mainly based on economic or political science methods, this analysis is essentially based on legal reasoning law.
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Jeffrey E. Johnson and Peter Haug
The purpose of this study is to explore modifications to the supply chain strategies of international manufacturers resulting from recent momentous trade disruptions, including…
Abstract
Purpose
The purpose of this study is to explore modifications to the supply chain strategies of international manufacturers resulting from recent momentous trade disruptions, including the US-China trade war, global tariff escalations, Brexit and heightened geopolitical tensions.
Design/methodology/approach
The research methodology consisted of a series of in-depth personal interviews with senior supply chain executives of six large US international manufacturers.
Findings
The study identified several short-term reactive strategies taken, including pulling purchase orders or production forward, building inventory and applying for exceptions from tariffs, along with longer-term proactive strategies such as shifting and expanding supplier and manufacturing locations.
Research limitations/implications
The study’s limitations involve its small sample size and its findings being industry and company-specific to a limited number of firms. While the sample size was deemed sufficient for this exploratory study, larger sample sizes and subsequent industry-specific analyses are recommended.
Practical implications
The global supply chain modifications effectively used by the firms in the study can offer guidance for practitioners facing similar challenges following major trade disruptions.
Originality/value
Due to the very recent emergence of the trade disruptors examined in this study, extant literature is limited. Hence, the findings noted in the paper offer not only guidance for practitioners but also make a strong contribution to research and literature on global supply chain risk management and disruption risk mitigation.
Details
Keywords
China-US trade talks.
Details
DOI: 10.1108/OXAN-DB244889
ISSN: 2633-304X
Keywords
Geographic
Topical
Of late, the issue which has attracted the highest attention in the global scenario is the US–China trade relation, in particular the tariff war. The biggest nations in the world…
Abstract
Of late, the issue which has attracted the highest attention in the global scenario is the US–China trade relation, in particular the tariff war. The biggest nations in the world are in war with each other in matters related to trade since 2018. In the first quarter, the United States imposed a tariff which affected many countries like Canada, the EU, Mexico, the Russian Federation, Turkey, and, in developing Asia, India and the People’s Republic of China. This has resulted in a significant dampening of global output growth and growth in emerging nations of Asia. The present chapter seeks to investigate into the historical evidences of trade wars between the United States and China, major reasons responsible for this conflict and tries to figure out the impact of this conflict on fundamental macro variables using secondary time-series data primarily on selected Asian economies including India. The author uses the multiple regression technique to find to what extent changes in the independent variables are responsible in explaining the changes in the dependent variable for both China and the United States. The empirical results clearly show that in the case of China and the United States, an increase in weighted tariff rates (WTR) will lead to a significant decrease in the trade GDP ratio (TGR), whereas in the case of both these countries, Purchasing Power Parity GNI (PPPGNI) is positively and significantly associated in determining TGR. In the case of India, a decrease in WTR is expected to lead to a rise in TGR and it is significant. In case of Vietnam, PPPGNI is significant, but not WTR. In the case of Singapore, neither of the two independent variables is significant.
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