In this thesis there has been looked at the relationship of different trade impediments with economic growth per capita. A general equilibrium model shows that retaliation by the trade partner is the best-response on an import tariff of the domestic country. Utility levels would however be higher for both countries in a situation with free trade. To check the relationship of other trade impediments with economic growth per capita, a fixed effects panel data regression analysis has been made, which shows that countries in a higher income-category have lower or more negative correlations. Next to that are technical barriers to trade and sanitary and phytosanitary measures associated with a small, but positive economic growth per capita. Anti-dumping measures and safeguards are expected to be harmful for economic growth, while countervailing duties have a positive correlation with economic growth per capita for countries with a GNI below $12.375 and a negative one for richer countries. There has also been looked at whether these results were different for differently sized countries, but there were ambiguous results.

Additional Metadata
Thesis Advisor Markiewicz, Prof. dr. A.
Persistent URL hdl.handle.net/2105/51757
Series Business Economics
Citation
Hove, S.R. ten. (2020, April 16). An empirical study on the relationship between trade impediments and economic growth. Business Economics. Retrieved from http://hdl.handle.net/2105/51757