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dc.contributor.authorLatina, Joelleen_US
dc.contributor.authorPiermartini, Robertaen_US
dc.contributor.authorRuta, Micheleen_US
dc.date.accessioned2012-04-26T12:00:49Z-
dc.date.available2012-04-26T12:00:49Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/57580-
dc.description.abstractWhen looking at the conditions of trade in natural resources the world appears upside down: tariff protection in natural resources sectors is generally lower than for overall merchandise trade, while export restrictions are twice as likely as in other sectors. On the other hand, tariff escalation is significant in natural resources sectors, where materials in their raw state face, on average, lower duties than in their processed form. In this paper, we discuss how export taxes and tariff escalation may be the result of an uncooperative trade policy. Specifically, tariff escalation and export taxes can be beggar-thy-neighbor policies because governments may be tempted to use them to alter the relative price of exports to their advantage (terms-of-trade effect) or to expand the domestic processing industry at the expenses of foreign production (production relocation effect). In equilibrium, these policies offset each other in a Prisoners' Dilemma situation, where trade is inefficiently low.en_US
dc.language.isoengen_US
dc.publisherWorld Trade Organization, Economic Research and Statistics Div. Genevaen_US
dc.relation.ispartofseriesWTO Staff Working Paper ERSD-2011-06en_US
dc.subject.jelF13en_US
dc.subject.jelF59en_US
dc.subject.jelQ34en_US
dc.subject.ddc330en_US
dc.subject.keywordNatural Resourcesen_US
dc.subject.keywordExport Taxesen_US
dc.subject.keywordTariff Escalationen_US
dc.subject.keywordPrisoner's Dilemmaen_US
dc.subject.keywordWTOen_US
dc.subject.stwNatürliche Ressourcenen_US
dc.subject.stwAußenhandelen_US
dc.subject.stwAußenhandelspolitiken_US
dc.subject.stwExportsteueren_US
dc.subject.stwZollen_US
dc.titleNatural resources and non-cooperative trade policyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn657920282en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WTO Staff Working Papers, Economic Research and Statistics Division, WTO

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