Free Trade in Theory and Policy: Contemporary Challenges

Nagel, Daniel; Burnete, Sorin

doi:10.2478/hssr-2018-0012

Cited by 4 publications

(3 citation statements)

References 17 publications

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“…The optimality of free trade policy is determined by the economy’s structure, especially the presence and size of domestic distortions. If this is the case, additional trade barriers (taxcum-subsidies) might be used to compensate for the distortions and therefore increase welfare [ 52 ]. This debate has been going on for a long time and is always interesting to investigate.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

The impacts of economic globalization on agricultural value added in developing countries

et al. 2021

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Countries in the world have various indices for the implementation of economic globalization (EG). This refers to positive and negative impacts arising from its implementation, especially in agriculture. This sector is still a basic source of existence in developing countries. At the same time, these countries have been unable to optimize their agricultural value-added (AVA) and only earn a low level of income. That way, developing countries need to take advantage of EG to increase income from agricultural exports and farmers’ welfare. Other than that, there has been no study examining the impacts of EG on AVA in developing countries. So, this study intends to evaluate the impacts of the exchange rates, foreign direct investment (FDI) inflows, total agricultural export values, agricultural import duties, and fertilizer imports on AVA in developing countries. The panel data technique is used to assess its impact in 17 developing countries during 2006–2018. The study showed that FDI inflows and agricultural export values increase AVA in developing countries. In this study, EG positively impacts developing countries, but its implementation must pay attention to achieve sustainable development goals. We recommend developing countries focus on investments in human capital and technologies (or R&D), ensure foreign investors collaborate with local agricultural firms, increase agricultural exports, and create a conducive economic system

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Section: Theoretical Backgroundmentioning

confidence: 99%

The impacts of economic globalization on agricultural value added in developing countries

et al. 2021

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“…However, the link between comparative and competitive advantage approaches, considering trade policies as a key determinant of competitiveness in agrifood sector, has not been researched as extensively (Coy 2006;Gupta 2009). The earlier literature in international economics supported the argument that free trade overall benefited its participants and was considered to be better than protectionism (Baron & Kemp 2004;Milner & Kubota 2005;Heydon 2016;Nagel & Burnete 2018).…”

Section: Trade Distortionsrole Of Government Policiesmentioning

confidence: 99%

Developing a framework for export competitiveness in the agrifood sector: the case of the Australian beef industry

Sarwar¹

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Other publications during candidature No other publications. Contributions by others to the thesis No contributions by others. Statement of parts of the thesis submitted to qualify for the award of another degree No works submitted towards another degree have been included in this thesis. Research Involving Human or Animal Subjects The study sought approval through a detailed ethics application associated with primary data collection for this project before commencing the data collection process. The Human Research Ethics Application (Application ID: SS00190) associated with primary data collection for this project was submitted in early 2018, before the first field trip to Indonesia. The required ethical clearance, including participants' information sheet and consent form, were approved by the University of Queensland's SubCommittee for Human Research Ethics Approval (HREA) under its Low and Negligible Risks category. The Approval Number for the Ethics Application is 2018000296, which was valid till 1 April 2019. A copy of the ethics approval letter is included as Appendix 4. vi Acknowledgements Firstly, I thank Allah Almighty for the countless blessings in my personal and professional life. I am grateful to various individuals for their help in contributing to the successful completion of this endeavour. I would like to start with expressing sincere thanks to my principal advisor Professor Kim Bryceson and my associate advisor Dr Asif Yaseen for their continuous support and encouragement during my PhD study. Professor Bryceson was also advisor for my Masters Research project, for which I was awarded a Dean's Commendation for Academic Excellence. Dr Yaseen was there for any remote assistance and timely feedback; he not only provided me with academic mentorship, but also friendship and encouragement. A special thanks to Dr Carl Smith, who introduced me to system dynamics and generously helped learning the modelling method. I am also thankful to UQ staff at SAFS, ITS, Library and Student Services who assisted me in achieving this milestone. My special appreciation and thanks to Juliet Middleton AE for her copy editing, which certainly contributed to the improved quality and presentation of my thesis. I am immensely grateful to the Australian Research Council and The University of Queensland for the financial support provided for completion of my PhD studies. I also thank the ARC/AFGC Industrial Transformation Training Centre for the training opportunities and resources, which I was able to access. I express my gratitude to Dr Malcolm Wegener for reading draft of my thesis, and for his detailed feedback on the economic analysis part. My unlimited thanks go to all my fellows, including

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“…The optimality of free trade policy is determined by the economy's structure, especially the presence and size of domestic distortions. If this is the case, additional trade barriers (taxcumsubsidies) might be used to compensate for the distortions and therefore increase welfare [52]. This debate has been going on for a long time and is always interesting to investigate.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

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Free Trade in Theory and Policy: Contemporary Challenges

Cited by 4 publications

References 17 publications

The impacts of economic globalization on agricultural value added in developing countries

The impacts of economic globalization on agricultural value added in developing countries

Developing a framework for export competitiveness in the agrifood sector: the case of the Australian beef industry

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