Bargains Rejected? Developing Country Trade Policy on Used Equipment
AbstractMany developing countries restrict imports of second-hand goods. These policies appear contrary to the optimal choice of technique in developing countries, where low wages, small markets, and scarce technical skills would appear to call for use of more labor intensive smaller scale, and lower-tech machines. This paper examines data on US exports of new and used metalworking machine tools by type and by country of destination to investigate the determinants of used versus new machinery trade. The results indicate that technological factors, skill constraints, and market size may be more important than factor prices in determining the choice of machine. Trade restrictions on used machinery distort firms' investment decisions. Copyright Fondazione Giacomo Brodolini and Blackwell Publishers Ltd. 1998.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano in its series Departmental Working Papers with number 1996-02.
Date of creation: 01 Jan 1996
Date of revision:
Other versions of this item:
- Giorgio Barba Navaretti & Isidro Soloaga & Wendy Takacs, 1998. "Bargains Rejected? Developing Country Trade Policy on Used Equipment," LABOUR, CEIS, vol. 12(2), pages 353-362, 07.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Clerides, Sofronis, 2005.
"Gains From Trade in Used Goods: Evidence from the Global Market for Automobiles,"
CEPR Discussion Papers
4859, C.E.P.R. Discussion Papers.
- Sofronis Clerides, 2004. "Gains from Trade in Used Goods: Evidence from the Global Market for Automobiles," University of Cyprus Working Papers in Economics 6-2004, University of Cyprus Department of Economics.
- Massimo Florio & R. LUCCHETTI & F. QUAGLIA, 1998. "Grandi e piccole imprese nel Centro-Nord e nel Mezzogiorno: un modello empirico dell'impatto occupazionale nel lungo periodo," Departmental Working Papers 1998-02, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- M. Florio, 1998. "Economic Theory, Russia and the Fading "Washington Consensus"," Departmental Working Papers 1998-08, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Massimo Florio & Anna Giunta, 1998. "Planning Contracts in Southern Italy, 1986-1997: a Prelimary Evaluation," Departmental Working Papers 1998-04, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Giuseppe Bognetti, 1999. "Nuove forme di gestione dei servizi pubblici," Departmental Working Papers 1999-04, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (DEMM Working Papers) The email address of this maintainer does not seem to be valid anymore. Please ask DEMM Working Papers to update the entry or send us the correct address.
If references are entirely missing, you can add them using this form.