The Effects of Trade Liberalization in Textiles and Clothing on the Greek Market for Cotton Yarn: A Multi-Market Analysis

dc.contributor.authorDadakas, D.en
dc.contributor.authorKatranidis, S. D.en
dc.date.accessioned2015-11-24T17:05:28Z
dc.date.available2015-11-24T17:05:28Z
dc.identifier.issn0965-7576-
dc.identifier.urihttps://olympias.lib.uoi.gr/jspui/handle/123456789/11327
dc.rightsDefault Licence-
dc.subjectwelfare analysisen
dc.subjectpoliciesen
dc.titleThe Effects of Trade Liberalization in Textiles and Clothing on the Greek Market for Cotton Yarn: A Multi-Market Analysisen
heal.abstractThe Uruguay Round (1987-95) signaled the end of the Multifiber Agreement for textiles and clothing. The quota regime, in place since 1974, was decided, according to the Agreement on Textiles and Clothing, to be gradually eliminated by the year 2005. As a result, prices of cotton-yarn in the world markets decreased, affecting producers in all cotton-yarn exporting countries, including Greece. At the same time, the labor cost in western industrialized countries remained high, or even increased, exerting further pressure on yarn producers. The present paper examines these changes for the cotton-yarn industry in Greece. We use a multi-market partial-equilibrium model which allows us to take into account simultaneous input and output price changes, relevant for the industry under study. Findings show that, after the implementation of the program for the gradual elimination of quotas, producers' welfare decreased whereas consumers noted substantial increases in welfare transfers.en
heal.accesscampus-
heal.fullTextAvailabilityTRUE-
heal.identifier.primaryDOI 10.1111/j.1467-9396.2009.00863.x-
heal.identifier.secondary<Go to ISI>://000287504200010-
heal.journalNameReview of International Economicsen
heal.journalTypepeer reviewed-
heal.languageen-
heal.publicationDate2010-
heal.recordProviderΠανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημώνel
heal.typejournalArticle-
heal.type.elΆρθρο Περιοδικούel
heal.type.enJournal articleen

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