G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4846
DP4846 Economic Fluctuations in Central and Eastern Europe: The Facts
Attila Rátfai; Péter Benczúr
发表日期2005-01-23
出版年2005
语种英语
摘要This Paper investigates the welfare effects of trade liberalization by exploiting a natural policy experiment in the small open economy of Cyprus. A 1993 law relaxed import restrictions on used vehicles and facilitated the flow of used Japanese vehicles into the country. This led to a dramatic shift of consumer purchases from new to used cars and a substantial expansion of the overall market. Estimated welfare gains are of the order of several hundred dollars per purchaser. The findings are indicative of the potential for substantial gains from liberalizing trade in used goods, which could also alter trade flows and production.
主题Industrial Organization
关键词Automobile industry Differentiated products Gains from trade Used goods Trade liberalization
URLhttps://cepr.org/publications/dp4846
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/533754
推荐引用方式
GB/T 7714
Attila Rátfai,Péter Benczúr. DP4846 Economic Fluctuations in Central and Eastern Europe: The Facts. 2005.
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