Impact of the MFA phase-out on the world economy
AbstractThis study focuses on the possible impact of the MFA phase-out on the world economy. Starting from analyzing trends in world textile and apparel trade, the study found that the developing countries were a growing factor in world T&A trade in recent decades. Moreover, using trade data from 91 countries over 37 years, the study indicates a strong positive relationship between trade in textile and apparel and the standard of living. The study further focuses on the possible impacts of the MFA phase-out on the world T&A using an intertemporal, global general equilibrium model. The study found the the MFA phase-out would enlarge world trade of T&A and developing countries will further gain market share in world total exports. Even though the developing countries currently free from the MFA quota restraints may lose their market shares, as world T&A prices are lowered by improving the efficiency of world T&A trade post-MFA, consumers are better off by consuming cheap commodities.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by International Food Policy Research Institute (IFPRI) in its series TMD discussion papers with number 79.
Date of creation: 2001
Date of revision:
Markets. ; Industries Economic aspects. ; Living standards. ; Trade policy. ;
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Andriamananjara, Soamiely & Balistreri, Edward J. & Ross, Martin T., 2006. "State-level equity and the demise of the Agreement on Textiles and Clothing," The North American Journal of Economics and Finance, Elsevier, vol. 17(1), pages 17-33, March.
- Nabil Annabi & H. Khondker Bazlul & Selim Raihan & John Cockburn & Bernard Decaluwe, 2005. "Implications of WTO Agreements and Domestic Trade Policy Reforms for Poverty in Bangladesh: Short vs. Long Run," Working Papers MPIA 2005-02, PEP-MPIA.
- Hudson, Darren & Ethridge, Don E. & Mutuc, Maria Erlinda M., 2011.
"Lessons Learned from the Phase-out of the MFA: Moving from Managed Distortion to Managed Distortion,"
eJADE: electronic Journal of Agricultural and Development Economics,
Food and Agriculture Organization, Agricultural and Development Economics Division, vol. 12(1).
- Hudson, Darren & Ethridge, Don E. & Mutuc, Maria Erlinda M., 2010. "LESSONS LEARNED FROM THE PHASE-OUT OF THE MFAs: MOVING FROM MANAGED DISTORTION TO MANAGED DISTORTION," Conference Papers 96674, Texas Tech University, Department of Agricultural and Applied Economics.
- Peter Walkenhorst, 2004. "Liberalising Trade in Textiles and Clothing: A Survey of Quantitative Studies," International Trade 0401007, EconWPA.
- Jean-Raphael Chaponniere & Jean-Pierre Cling & Mohamed Ali Marouani, 2004.
"Les conséquences pour les pays en développement de la suppression des quotas dans le textile habillement : le cas de la Tunisie,"
DT/2004/16, DIAL (Développement, Institutions et Mondialisation), revised Dec 2004.
- Chaponnière, Jean-Raphaël & Cling, Jean-Pierre & Marouani, Mohamed Ali, 2004. "Les conséquences pour les pays en développement de la suppression des quotas dans le textile-habillement : le cas de la Tunisie," Economics Papers from University Paris Dauphine 123456789/4443, Paris Dauphine University.
- Irene Brambilla & Amit K. Khandelwal & Peter K. Schott, 2010.
"China's Experience under the Multi-Fiber Arrangement (MFA) and the Agreement on Textiles and Clothing (ATC),"
in: China's Growing Role in World Trade, pages 345-387
National Bureau of Economic Research, Inc.
- Irene Brambilla & Amit Khandelwal & Peter Schott, 2007. "China's Experience Under the Multifiber Arrangement (MFA) and the Agreement on Textiles and Clothing (ATC)," NBER Working Papers 13346, National Bureau of Economic Research, Inc.
- Abraham, Vinoj & Sasikumar, S.K., 2010. "Labour Cost and Export Behaviour of Firms in Indian Textile and Clothing Industry," MPRA Paper 22784, University Library of Munich, Germany.
- Khondker, Bazlul H. & Raihan, Selim, 2004. "Welfare and Poverty Impacts of Policy Reforms in Bangladesh: A General Equilibrium Approach," Centre on Regulation and Competition (CRC) Working papers 30588, University of Manchester, Institute for Development Policy and Management (IDPM).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.