全球智库信息集成服务系统(G2TT): DP1138 Testing for Liquidity Constraints in Euler Equations with Complementary Data Sources

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP1138
	DP1138 Testing for Liquidity Constraints in Euler Equations with Complementary Data Sources
	Jorn-Steffen Pischke; Tullio Jappelli; Nicholas S Souleles
发表日期	1995-03-31
出版年	1995
语种	英语
摘要	While environmental and labour issues are not new to the GATT, nor to other trade policy fora, they are likely to have a more prominent role in trade policy discussions in the years ahead for the newly formed World Trade Organization (WTO). Many developing countries perceive the entwining of these social issues with trade policy as a threat to both their sovereignty and their economies, while significant groups in advanced economies consider it unfair, ecologically unsound, even immoral, to trade with countries adopting much lower standards than their own. This paper examines why these issues are becoming more prominent, whether the WTO is an appropriate forum to discuss them, and how they affect developing and other economies. It concludes that: (a) the direct effect on developing economies is likely to be small and for some may even be positive through improved terms of trade and/or compensatory transfer payments; but (b) there is an important indirect negative effect on them and other economies, namely the potential erosion of the rules-based multilateral trading system that would result from an over-use of trade measures to pursue environmental or labour market objectives.
主题	International Trade and Regional Economics
关键词	Environmental standards Gatt Labour standards Trade policy
URL	https://cepr.org/publications/dp1138
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/530284
推荐引用方式 GB/T 7714	Jorn-Steffen Pischke,Tullio Jappelli,Nicholas S Souleles. DP1138 Testing for Liquidity Constraints in Euler Equations with Complementary Data Sources. 1995.