Choosing Formulas for Market Access Negotiations: Efficiency and Market Access Considerations
An important issue in multilateral trade negotiations is the approach taken to reduce tariffs. The authors believe that there are important advantages in formula approaches and survey a range of options between the sharply top-down Swiss formula and proportional cuts in tariffs. Over the range the authors consider, they find that the economic efficiency impacts for the importer are not greatly influenced by the extent to which higher tariffs face bigger cuts. However, top-down approaches appear to be more effective in reducing tariff escalation, and provide greater market access gains to poor countries.
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Language: | English en_US |
Published: |
World Bank, Washington, DC
2005-01
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Subjects: | AD VALOREM, AGRICULTURAL TRADE, BALANCE OF TRADE, COMMODITIES, ECONOMIC WELFARE, ELASTICITIES, EQUILIBRIUM, EXPORT TAXES, EXPORTERS, EXPORTS, FREE TRADE, GATT, IMPORTS, INCOME, INTERMEDIATE INPUTS, INTERNATIONAL TRADE, MULTILATERAL TRADE NEGOTIATIONS, NET IMPORTS, POLICY MAKERS, SOCIAL COSTS, TARIFF BARRIERS, TARIFF CUTS, TARIFF ESCALATION, TARIFF NEGOTIATIONS, TARIFF RATE, TARIFF RATES, TARIFF REDUCTIONS, TRADE ARRANGEMENTS, TRADE LIBERALIZATION, TRADE POLICY, TRADE POLICY REFORMS, TRADE REFORM, TRADEOFFS, TRAINS, WELFARE EFFECTS, WELFARE GAINS, |
Online Access: | http://documents.worldbank.org/curated/en/2005/01/5576308/choosing-formulas-market-access-negotiation-efficiency-market-access-considerations https://hdl.handle.net/10986/9001 |
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