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dc.contributor.authorLatina, Joelleen
dc.contributor.authorPiermartini, Robertaen
dc.contributor.authorRuta, Micheleen
dc.date.accessioned2012-04-26T12:00:49Z-
dc.date.available2012-04-26T12:00:49Z-
dc.date.issued2011-
dc.identifier.pidoi:10.30875/047c5893-en-
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
dc.language.isoengen
dc.publisher|aWorld Trade Organization (WTO) |cGenevaen
dc.relation.ispartofseries|aWTO Staff Working Paper |xERSD-2011-06en
dc.subject.jelF13en
dc.subject.jelF59en
dc.subject.jelQ34en
dc.subject.ddc330en
dc.subject.keywordNatural Resourcesen
dc.subject.keywordExport Taxesen
dc.subject.keywordTariff Escalationen
dc.subject.keywordPrisoner's Dilemmaen
dc.subject.keywordWTOen
dc.subject.stwNatürliche Ressourcenen
dc.subject.stwAußenhandelen
dc.subject.stwAußenhandelspolitiken
dc.subject.stwExportsteueren
dc.subject.stwZollen
dc.titleNatural resources and non-cooperative trade policy-
dc.typeWorking Paperen
dc.identifier.ppn657920282en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:wtowps:ERSD201106en

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