000 03023cam a22006614a 4500
001 4188
003 The World Bank
006 m d
007 cr cn|||||||||
008 020129s2007 dcu i001 0 eng
024 8 _a10.1596/1813-9450-4188
035 _a(The World Bank)4188
100 1 _aWillmann, Gerald
245 1 0 _aSubstitutability and Protectionism
_h[electronic resource] :
_bLatin America's Trade Policy and Imports From China and India /
_cWillmann, Gerald
260 _aWashington, D.C.,
_bThe World Bank,
_c2007
300 _a1 online resource (33 p.)
520 3 _aThe authors examine the trade policy response of Latin American governments to the rapid growth of China and India in world markets. To explain higher protection in sectors where a large share is imported from these countries, they extend the "protection for sale" model to allow for different degrees of substitutability between domestically produced and imported varieties. The extension suggests that higher levels of protection toward Chinese goods can be explained by high substitutability between domestically produced goods and Chinese goods, whereas lower levels of protection toward goods imported from India can be explained by low substitutability with domestically produced goods. The data support the extension to the "protection for sale" model, which performs better than the original specification in terms of explaining Latin America's structure of protection.
650 4 _aConsumption
650 4 _aCurrencies and Exchange Rates
650 4 _aDebt Markets
650 4 _aDemands
650 4 _aDomestic Prices
650 4 _aEconomic Growth
650 4 _aEconomic Theory and Research
650 4 _aEconomies
650 4 _aEmerging Markets
650 4 _aEquilibrium
650 4 _aExogenous Shocks
650 4 _aExport Growth
650 4 _aFinance and Financial Sector Development
650 4 _aFixed Effects
650 4 _aFree Trade
650 4 _aGlobalization and Financial Integration
650 4 _aImport
650 4 _aImports
650 4 _aInternational Economics & Trade
650 4 _aInternational Trade and Trade Rules
650 4 _aMacroeconomics and Economic Growth
650 4 _aMarkets and Market Access
650 4 _aPolitical Economy
650 4 _aPrivate Sector Development
650 4 _aPublic Sector Development
650 4 _aQuotas
650 4 _aRapid Growth
650 4 _aTariff Barriers
650 4 _aTrade Defic Trade Integration
650 4 _aTrade Policies
650 4 _aTrade Policy
650 4 _aWeight
650 4 _aWorld Markets
700 1 _aFacchini, Giovanni
700 1 _aOlarreaga, Marcelo
700 1 _aSilva, Peri
700 1 _aWillmann, Gerald
776 1 8 _aPrint version:
_iWillmann, Gerald.
_tSubstitutability and Protectionism.
_dWashington, D.C., The World Bank, 2007
830 0 _aPolicy research working papers.
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-4188
999 _c139949
_d139949