Publication:
Price Effects of Preferential Market Access : Caribbean Basin Initiative and the Apparel Sector

Simple item page
creativeworkseries.issn1564-698X
dc.contributor.authorSharma, Gunjan
dc.contributor.authorÖzden, Çaglar
dc.date.accessioned2013-12-20T19:50:03Z
dc.date.available2013-12-20T19:50:03Z
dc.date.issued2006-05-01
dc.description.abstractPreferential trade arrangements should be evaluated by their effect on prices rather than by their effect on the total value of trade. This point is emphasized in the theoretical literature but rarely implemented empirically. This article analyzes the U.S. Caribbean Basin Initiative's (CBI's) impact on the prices received by eligible apparel exporters. The CBI's apparel preferences are the most important and heavily used unilateral preferences because of high trade barriers imposed on exports from the rest of the world. A fixed effect generalized least squares (GLS) estimation is used to isolate the effects of other factors (such as quality, exchange rates, and transaction costs) and to identify the effects of tariff preferences. CBI exporters capture only about two-thirds of their preference margin despite the high degree of competition among importers. This translates into a 9 percent increase in the relative prices they receive, with some variance across countries and years. Countries specializing in higher value items capture more of the preference margin, and the implementation of the North American Free Trade Agreement (NAFTA) has a negative effect. Removing multifibre arrangement quotas significantly lowers the benefits of CBI preferences.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/05/17753309/price-effects-preferential-market-access-caribbean-basin-initiative-apparel-sector
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/16429
dc.identifier.otherdoi:10.1093/wber/lhj008
dc.identifier.urihttps://hdl.handle.net/10986/16429
dc.languageEnglish
dc.language.isoen_US
dc.publisherOxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectAGRICULTURE
dc.subjectAPPAREL
dc.subjectAPPAREL EXPORTS
dc.subjectAPPAREL MARKET
dc.subjectAPPAREL PREFERENCES
dc.subjectAPPAREL QUOTAS
dc.subjectAPPAREL SECTOR
dc.subjectAVERAGE PRICE
dc.subjectBORDER PRICE
dc.subjectCLIMATE
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVE MARKET
dc.subjectCONSUMERS
dc.subjectCUSTOMS
dc.subjectCUSTOMS VALUE
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDOMESTIC PRICE
dc.subjectDOMESTIC PRICE INDEX
dc.subjectDOMESTIC SOURCES
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC RECOVERY
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORT PRICE
dc.subjectEXPORT PRICES
dc.subjectEXPORT PROCESSING
dc.subjectEXPORT PROCESSING ZONES
dc.subjectEXPORT VALUE
dc.subjectEXPORT VOLUME
dc.subjectEXPORT VOLUMES
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectFREE MARKET
dc.subjectFREE MARKET ACCESS
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectFREE TRADE AGREEMENTS
dc.subjectFREE TREATMENT
dc.subjectGENERALIZED SYSTEM OF PREFERENCES
dc.subjectGEOGRAPHIC PROXIMITY
dc.subjectHIGH TRADE BARRIERS
dc.subjectIMPACT OF TRADE
dc.subjectIMPACT OF TRADE POLICIES
dc.subjectIMPERFECT COMPETITION
dc.subjectIMPORT DATA
dc.subjectIMPORT PRICE
dc.subjectIMPORT PRICES
dc.subjectINCOME
dc.subjectINSURANCE
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRADE COMMISSION
dc.subjectINVENTORY
dc.subjectLOWER PRICES
dc.subjectMARKET ACCESS
dc.subjectMARKET POWER
dc.subjectMARKET SHARE
dc.subjectMOST FAVORED NATION
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOSITIVE EFFECTS
dc.subjectPREFERENTIAL ACCESS
dc.subjectPREFERENTIAL ARRANGEMENTS
dc.subjectPREFERENTIAL MARKET ACCESS
dc.subjectPREFERENTIAL TARIFF
dc.subjectPREFERENTIAL TARIFFS
dc.subjectPREFERENTIAL TRADE
dc.subjectPREFERENTIAL TRADE ARRANGEMENTS
dc.subjectPREFERENTIAL TREATMENT
dc.subjectPRICE CHANGE
dc.subjectPRICE EFFECT
dc.subjectPRICE INCREASE
dc.subjectPRICE INCREASES
dc.subjectPRICE INDEX
dc.subjectPRICE LEVELS
dc.subjectPRICE OF IMPORTS
dc.subjectPRODUCTION COSTS
dc.subjectRECIPROCITY
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONALISM
dc.subjectRELATIVE PRICE
dc.subjectRELATIVE PRICES
dc.subjectRETAILING
dc.subjectRULES OF ORIGIN
dc.subjectSPECIALIZATION
dc.subjectSUPPLY CHAIN
dc.subjectTARIFF CHANGES
dc.subjectTARIFF PREFERENCES
dc.subjectTARIFF RATE
dc.subjectTARIFF REDUCTION
dc.subjectTRADE AGREEMENT
dc.subjectTRADE COMMISSION
dc.subjectTRADE FLOWS
dc.subjectTRADE NEGOTIATIONS
dc.subjectTRADE PARTNERSHIP
dc.subjectTRADE POLICIES
dc.subjectTRADE ¸ POLICIES
dc.subjectTRADING PARTNERS
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPORT COSTS
dc.subjectUNILATERAL PREFERENCES
dc.subjectVALUE ADDED
dc.subjectVALUE OF IMPORTS
dc.subjectVALUE OF TRADE
dc.subjectVER
dc.subjectVOLUNTARY EXPORT RESTRAINTS
dc.subjectWAGES
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADING SYSTEM
dc.subjectZERO TARIFFS
dc.titlePrice Effects of Preferential Market Access : Caribbean Basin Initiative and the Apparel Sectoren
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.date.disclosure2013-05-24
okr.date.doiregistration2025-05-06T11:14:05.406172Z
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research::Journal Article
okr.docurlhttp://documents.worldbank.org/curated/en/2006/05/17753309/price-effects-preferential-market-access-caribbean-basin-initiative-apparel-sector
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid838791468238478539
okr.identifier.doi10.1093/wber/lhj008
okr.identifier.externaldocumentum000333037_20130524145606
okr.identifier.internaldocumentum17753309
okr.identifier.report77520
okr.journal.nbpages241-259
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/05/24/000333037_20130524145606/Rendered/PDF/775200JRN020060UBLIC00Price0Effects.pdfen
okr.peerreviewAcademic Peer Review
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCaribbean
okr.relation.associatedurlhttps://openknowledge.worldbank.org/handle/10986/14118
okr.topicInternational Economics and Trade::Free Trade
okr.topicInternational Economics and Trade::Trade Policy
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.unitDECRG: Trade & Intl. Integration (DECTI)
okr.volume20(2)
relation.isAuthorOfPublication3e463276-f18e-583e-b24b-62cb59e6ed6b
relation.isAuthorOfPublication.latestForDiscovery3e463276-f18e-583e-b24b-62cb59e6ed6b
relation.isJournalIssueOfPublication1ddc0efd-29fc-4d20-b3e1-be41c0a83b25
relation.isJournalIssueOfPublication.latestForDiscovery1ddc0efd-29fc-4d20-b3e1-be41c0a83b25
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublication91b3ab49-f93d-44b6-83b1-d6ca04c3bbcc
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
775200JRN020060UBLIC00Price0Effects.pdf
Size:
137.43 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
775200JRN020060UBLIC00Price0Effects.txt
Size:
66.56 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Journal Articles