Browsing Harvard Kennedy School by Keyword "Trade Policy"
Now showing items 1-12 of 12
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AGOA Rules: The Intended and Unintended Consequences of Special Fabric Provisions
(John F. Kennedy School of Government, Harvard University, 2011)Lesotho and other least developed African countries responded impressively to the preferences they were granted under the African Growth and Opportunities Act with a rapid increase in their clothing exports to the US. But ... -
A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America
(John F. Kennedy School of Government, Harvard University, 2011)Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in Latin America and the Caribbean (LAC), which tend to be price takers on world markets, ... -
Country Diversification, Product Ubiquity, and Economic Divergence
(John F. Kennedy School of Government, Harvard University, 2010)Countries differ markedly in the diversification of their exports. Products differ in the number of countries that export them, which we define as their ubiquity. We document a new stylized fact in the global pattern of ... -
Determinants of Agricultural and Mineral Commodity Prices
(John F. Kennedy School of Government, Harvard University, 2010)Prices of most agricultural and mineral commodities rose strongly in the past decade, peaking sharply in 2008. Popular explanations included strong global growth (especially from China and India), easy monetary policy (as ... -
Diagnostics Before Prescription
(American Economic Association, 2010)Development economists should stop acting as categorical advocates (or detractors) for specific approaches to development. They should instead be diagnosticians, helping decisionmakers choose the right model (and remedy) ... -
Empirical Confirmation of Creative Destruction from World Trade Data
(John F. Kennedy School of Government, Harvard University, 2012)We show that world trade network datasets contain empirical evidence that the dynamics of innovation in the world economy follows indeed the concept of creative destruction, as proposed by J.A. Schumpeter more than half a ... -
Environmental Effects of International Trade
(John F. Kennedy School of Government, Harvard University, 2009)The report surveys the state of our knowledge regarding the effects of trade on the environment. A central question is whether globalization helps or hurts in achieving the best tradeoff between environmental and economic ... -
How Can Commodity Exporters Make Fiscal and Monetary Policy Less Procyclical?
(John F. Kennedy School of Government, Harvard University, 2011)Fiscal and monetary policy each has a role to play in mitigating the volatility that stems from the large trade shocks hitting commodity-exporting countries. All too often macroeconomic policy is procyclical, that is, ... -
How Good Politics Results in Bad Policy: The Case of Biofuel Mandates
(John F. Kennedy School of Government, Harvard University, 2010)Biofuels have become big policy and big business. Government targets, mandates, and blending quotas have created a growing demand for biofuels. Some say that the U.S. biofuels industry was created by government policies. ... -
International Knowledge Diffusion and the Comparative Advantage of Nations
(John F. Kennedy School of Government, Harvard University, 2012)In this paper we document that the probability that a product is added to a country’s export basket is, on average, 65% larger if a neighboring country is a successful exporter of that same product. We interpret our result ... -
A Solution to Overoptimistic Forecasts and Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile
(John F. Kennedy School of Government, Harvard University, 2011)Historically, many countries have suffered a pattern of procyclical fiscal policy: spending too much in booms and then forced to cut back in recessions, thereby exacerbating the business cycle. This problem has especially ... -
What Small Countries Can Teach the World
(Palgrave Macmillan, 2012)In the past, various great powers have taken the stage as models of economic and social development. Examples such as Great Britain, the Soviet Union, Japan, and the United States have had their time in the spotlight that ...