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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4846 |
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 |
URL | https://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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