National interests in international commodity agreements: a theoretical framework and quantitative results for the export quota scheme in coffee
Existing international commodity agreements, which introduced buffer stock or export quota schemes, influenced the level and the stability of world market prices. Most researches, however, have focused on the analysis of purely stabilizing intervention schemes. They have also concentrated on the analysis of aggregate impacts on country groups, whereas little effort has been made to investigate national interests in commodity agreements. In this paper, a theoretical framework is developed for measuring national interests in a price-changing international commodity agreement. Two measurement concepts are introduced. The first one captures the agreement's impacts on a country compared with a free-trade situation. The second one deals with the effects of the country's decision to join the agreement or to stay outside. Both concepts are applied to the International Coffee Agreement and quantitative results are presented
| Main Authors: | , , |
|---|---|
| Format: | Texto biblioteca |
| Language: | eng |
| Published: |
Buenos Aires (Argentina)
1988
|
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|