External Tariff Liberalization in Caricom: A Commodity-Level Analysis
This paper estimates the impact of the tariff liberalization in four largest CARICOM countries (Barbados, Guyana, Jamaica, and Trinidad and Tobago) on their trade flows. I trace changes in the product-line imports from CARICOM and non-CARICOM countries against time and commodity-level variation in e...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2008
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 08/33 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper estimates the impact of the tariff liberalization in four largest CARICOM countries (Barbados, Guyana, Jamaica, and Trinidad and Tobago) on their trade flows. I trace changes in the product-line imports from CARICOM and non-CARICOM countries against time and commodity-level variation in external tariffs. I find that in each country the reduction of the external tariff, which eroded preferences enjoyed by member imports, increased the ratio of imports from non-member countries to imports from member countries. In Trinidad and Tobago, the higher ratio was largely the result of non-member imports crowding out member imports. In the three other countries, the ratio increased mainly because of higher non-member imports; there is little evidence that tariff reductions had an impact on member imports. Findings suggest that in Trinidad and Tobago liberalization of the external tariff reversed some of the trade diversion effects of CARICOM |
| Beschreibung: | 1 Online-Ressource (33 p) |
| ISBN: | 1451868952 9781451868951 |
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| index_date | 2024-07-03T20:13:25Z |
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| series2 | IMF Working Papers |
| spelling | Sadikov, Azim M. Verfasser aut External Tariff Liberalization in Caricom A Commodity-Level Analysis Sadikov, Azim M Washington, D.C International Monetary Fund 2008 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/33 This paper estimates the impact of the tariff liberalization in four largest CARICOM countries (Barbados, Guyana, Jamaica, and Trinidad and Tobago) on their trade flows. I trace changes in the product-line imports from CARICOM and non-CARICOM countries against time and commodity-level variation in external tariffs. I find that in each country the reduction of the external tariff, which eroded preferences enjoyed by member imports, increased the ratio of imports from non-member countries to imports from member countries. In Trinidad and Tobago, the higher ratio was largely the result of non-member imports crowding out member imports. In the three other countries, the ratio increased mainly because of higher non-member imports; there is little evidence that tariff reductions had an impact on member imports. Findings suggest that in Trinidad and Tobago liberalization of the external tariff reversed some of the trade diversion effects of CARICOM Online-Ausg http://elibrary.imf.org/view/IMF001/08968-9781451868951/08968-9781451868951/08968-9781451868951.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Sadikov, Azim M. External Tariff Liberalization in Caricom A Commodity-Level Analysis |
| title | External Tariff Liberalization in Caricom A Commodity-Level Analysis |
| title_auth | External Tariff Liberalization in Caricom A Commodity-Level Analysis |
| title_exact_search | External Tariff Liberalization in Caricom A Commodity-Level Analysis |
| title_exact_search_txtP | External Tariff Liberalization in Caricom A Commodity-Level Analysis |
| title_full | External Tariff Liberalization in Caricom A Commodity-Level Analysis Sadikov, Azim M |
| title_fullStr | External Tariff Liberalization in Caricom A Commodity-Level Analysis Sadikov, Azim M |
| title_full_unstemmed | External Tariff Liberalization in Caricom A Commodity-Level Analysis Sadikov, Azim M |
| title_short | External Tariff Liberalization in Caricom |
| title_sort | external tariff liberalization in caricom a commodity level analysis |
| title_sub | A Commodity-Level Analysis |
| url | http://elibrary.imf.org/view/IMF001/08968-9781451868951/08968-9781451868951/08968-9781451868951.xml |
| work_keys_str_mv | AT sadikovazimm externaltariffliberalizationincaricomacommoditylevelanalysis |