Trade Liberalization

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Helmi Hamdi - One of the best experts on this subject based on the ideXlab platform.

  • Trade Liberalization fdi inflows environmental quality and economic growth a comparative analysis between tunisia and morocco
    Renewable & Sustainable Energy Reviews, 2016
    Co-Authors: Abdelaziz Hakimi, Helmi Hamdi
    Abstract:

    Abstract The aim of this research is to investigate the possible economic impacts of the Trade Liberalization on the environmental quality in Tunisia and Morocco. Specifically, the paper inspects whether or not Liberalization of the Trade sector has harmed the quality of the environment in both countries. To this end, we conduct various econometric models: a VECM and cointegration techniques for single country case study and a Panel VECM and Panel cointegration when using data of both countries as a group. We also include a dummy variable in each model to see the real impact of Trade Liberalization for both countries. In the empirical section, we found bidirectional causality between FDI and CO2. This implies that the nature of FDI inflows to Morocco and Tunisia are not clean FDI. These results show that Trade Liberalization has a negative impact on the environment. The paper concludes that although Trade Liberalization boosted the economies of both countries by creating new employment opportunities, Liberalization has harmed the environment.

  • Trade Liberalization fdi inflows environmental quality and economic growth a comparative analysis between tunisia and morocco
    MPRA Paper, 2015
    Co-Authors: Abdelaziz Hakimi, Helmi Hamdi
    Abstract:

    The aim of this research is to investigate the economic impacts of the Trade Liberalization on the environmental quality in Tunisia and Morocco. Specifically, the paper inspects whether Liberalization of the Trade sector has harmed the quality of the environment in both countries. To this end, we conduct various econometric models: a VECM and cointegration techniques for single country case study and a Panel VECM and Panel cointegration when using data of both country as a group. We also include a dummy variable in each model to see the real impact of Trade Liberalization for both countries. In the empirical section, we found bidirectional causality between FDI and CO2. This implies that the nature of FDI inflows to Morocco and Tunisia are not clean FDI. These results show that Trade Liberalization has a negative impact on environmental. The paper concludes that although Trade Liberalization boosted the economies of both countries by creating new employment opportunities, Liberalization has harmed the environment.

John A List - One of the best experts on this subject based on the ideXlab platform.

Abdelaziz Hakimi - One of the best experts on this subject based on the ideXlab platform.

  • Trade Liberalization fdi inflows environmental quality and economic growth a comparative analysis between tunisia and morocco
    Renewable & Sustainable Energy Reviews, 2016
    Co-Authors: Abdelaziz Hakimi, Helmi Hamdi
    Abstract:

    Abstract The aim of this research is to investigate the possible economic impacts of the Trade Liberalization on the environmental quality in Tunisia and Morocco. Specifically, the paper inspects whether or not Liberalization of the Trade sector has harmed the quality of the environment in both countries. To this end, we conduct various econometric models: a VECM and cointegration techniques for single country case study and a Panel VECM and Panel cointegration when using data of both countries as a group. We also include a dummy variable in each model to see the real impact of Trade Liberalization for both countries. In the empirical section, we found bidirectional causality between FDI and CO2. This implies that the nature of FDI inflows to Morocco and Tunisia are not clean FDI. These results show that Trade Liberalization has a negative impact on the environment. The paper concludes that although Trade Liberalization boosted the economies of both countries by creating new employment opportunities, Liberalization has harmed the environment.

  • Trade Liberalization fdi inflows environmental quality and economic growth a comparative analysis between tunisia and morocco
    MPRA Paper, 2015
    Co-Authors: Abdelaziz Hakimi, Helmi Hamdi
    Abstract:

    The aim of this research is to investigate the economic impacts of the Trade Liberalization on the environmental quality in Tunisia and Morocco. Specifically, the paper inspects whether Liberalization of the Trade sector has harmed the quality of the environment in both countries. To this end, we conduct various econometric models: a VECM and cointegration techniques for single country case study and a Panel VECM and Panel cointegration when using data of both country as a group. We also include a dummy variable in each model to see the real impact of Trade Liberalization for both countries. In the empirical section, we found bidirectional causality between FDI and CO2. This implies that the nature of FDI inflows to Morocco and Tunisia are not clean FDI. These results show that Trade Liberalization has a negative impact on environmental. The paper concludes that although Trade Liberalization boosted the economies of both countries by creating new employment opportunities, Liberalization has harmed the environment.

Petia Topalova - One of the best experts on this subject based on the ideXlab platform.

  • factor immobility and regional impacts of Trade Liberalization evidence on poverty from india
    American Economic Journal: Applied Economics, 2010
    Co-Authors: Petia Topalova
    Abstract:

    This paper uses the 1991 Indian Trade Liberalization to measure the impact of Trade Liberalization on poverty, and to examine the mechanisms underpinning this impact. Variation in sectoral composition across districts and Liberalization intensity across production sectors allows a difference-in-difference approach. Rural districts, in which production sectors more exposed to Liberalization were concentrated, experienced slower decline in poverty and lower consumption growth. The impact of Liberalization was most pronounced among the least geographically mobile at the bottom of the income distribution, and in Indian states where inflexible labor laws impeded factor reallocation across sectors.

  • Trade Liberalization and new imported inputs
    Social Science Research Network, 2009
    Co-Authors: Pinelopi Koujianou Goldberg, Nina Pavcnik, Amit Khandelwal, Petia Topalova
    Abstract:

    In this article, we dissect changes in the composition of Indian imports following its 1991 Trade Liberalization to illustrate the potential scope for previously unavailable inputs to bolster the performance of domestic firms. The analysis reveals that Trade reform spurred imports of previously unavailable products and varieties in many products that arguably can be characterized as important inputs for manufacturing firms. New imported inputs in large extent originated from more advanced countries and new imported varieties exhibited higher unit values relative to existing imports. These findings are consistent across narrow classifications of inputs and therefore indicative that India's Trade Liberalization relaxed the technological constraints faced by Indian firms under import substitution policies. This more descriptive analysis provides further confirmation of the importance of the extensive product margin in input Trade.

  • Trade Liberalization poverty and inequality evidence from indian districts
    Research Papers in Economics, 2005
    Co-Authors: Petia Topalova
    Abstract:

    Although it is commonly believed that Trade Liberalization results in higher GDP, little is known about its effects on poverty and inequality. This paper uses the sharp Trade Liberalization in India in 1991, spurred to a large extent by external factors, to measure the causal impact of Trade Liberalization on poverty and inequality in districts in India. Variation in pre-Liberalization industrial composition across districts in India and the variation in the degree of Liberalization across industries allow for a difference-in- difference approach, establishing whether certain areas benefited more from, or bore a disproportionate share of the burden of Liberalization.

  • Trade Liberalization poverty and inequality evidence from indian districts
    Social Science Research Network, 2005
    Co-Authors: Petia Topalova
    Abstract:

    Although it is commonly believed that Trade Liberalization results in higher GDP, little is known about its effects on poverty and inequality. This paper uses the sharp Trade Liberalization in India in 1991, spurred to a large extent by external factors, to measure the causal impact of Trade Liberalization on poverty and inequality in districts in India. Variation in pre-Liberalization industrial composition across districts in India and the variation in the degree of Liberalization across industries allow for a difference-in-difference approach, establishing whether certain areas benefited more from, or bore a disproportionate share of the burden of Liberalization. In rural districts where industries more exposed to Liberalization were concentrated, poverty incidence and depth decreased by less as a result of Trade Liberalization, a setback of about 15 percent of India's progress in poverty reduction over the 1990s. The results are robust to pre-reform trends, convergence and time-varying effects of initial district-specific characteristics. Inequality was unaffected in the sample of all Indian states in both urban and rural areas. The findings are related to the extremely limited mobility of factors across regions and industries in India. The findings, consistent with a specific factors model of Trade, suggest that to minimize the social costs of inequality, additional policies may be needed to redistribute some of the gains of Liberalization from winners to those who do not benefit as much.

Kozo Kiyota - One of the best experts on this subject based on the ideXlab platform.

  • Trade Liberalization economic growth and income distribution in a multiple cone neoclassical growth model
    Oxford Economic Papers, 2012
    Co-Authors: Kozo Kiyota
    Abstract:

    The empirical literature on Trade Liberalization reflects two puzzles. First, the effect of Trade Liberalization on economic growth is ambiguous. Second, the effect of Trade Liberalization by developing countries on their income distribution is ambiguous. This paper attempts to explain simultaneously these two puzzles, based on a multiple-cone neoclassical growth model. The model shows that countries that are labour abundant in a global sense may see a rise in income inequality and a fall in per capita gross domestic product with Liberalization if they are capital abundant in a local sense. The results suggest that the existence of multiple cones and the multiple steady states within the same cone, or the existence of global and local factor abundances, can be a possible explanation of these puzzles. Copyright 2012 Oxford University Press 2012 All rights reserved, Oxford University Press.

  • Trade Liberalization economic growth and income distribution in a multiple cone neoclassical growth model
    2009
    Co-Authors: Kozo Kiyota
    Abstract:

    The empirical literature on Trade Liberalization reflects two puzzles. First, the effect of Trade Liberalization on economic growth is ambiguous. Second, the effect of Trade Liberalization by developing countries on their income distribution is ambiguous. This paper attempts to explain these two puzzles at the same time, based on a multiple-cone neoclassical growth model. The model shows that countries that are labor abundant in a global sense may see a rise in income inequality and a decline in per capita GDP and per capita consumption with Liberalization if they are capital abundant in a local sense. The results suggest that the two puzzles can be explained by the existence of global and local factor abundances.