IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/50629.html

Viet Nam: Small Scale Technical assistance for Capacity Building of Ministry of Finance to Support Tariff, Industry and Subsidy Analysis for the WTO Accession

Author

Listed:
  • Lord, Montague

Abstract

The present study seeks to provide quantitative tools to carry out industry-level assessments of tariff and subsidy reforms that will both support Viet Nam’s current WTO accession negotiations and provide needed capacity for analyzing alternative policy reforms. To this end, the present study elaborates modeling tools for production shift analysis and the calculations of trade tax revenue effects associated with tariff reform policies. It builds on the recent ADB-assisted study on the structure of protection for various industries, which provided estimates of tariff-related costs of inputs for industries and prices of outputs for import-substituting industries, as well as calculations of their effective rates of protection (ERP). In the present study we use the ERP estimates to examine industry-level output and employment adjustments likely to take place under a variety of tariff reforms. We also address subsidy issues and their incidence in different industries. The results of the present study provide detailed product and industry-specific information on the effects of implementing changes in the structure of protection and, as such, the emphasis is on a practical, action-oriented plan, rather than an academic study.

Suggested Citation

  • Lord, Montague, 2005. "Viet Nam: Small Scale Technical assistance for Capacity Building of Ministry of Finance to Support Tariff, Industry and Subsidy Analysis for the WTO Accession," MPRA Paper 50629, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:50629
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/50629/1/MPRA_paper_50629.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Baldwin, R E & Murray, Tracy, 1977. "MFN Tariff Reductions and Developing Country Trade Benefits under the GSP," Economic Journal, Royal Economic Society, vol. 87(345), pages 30-46, March.
    2. Nguyen, Hoa & Grote, Ulrike, 2004. "Agricultural policies in Vietnam: producer support estimates, 1986-2002," MTID discussion papers 79, International Food Policy Research Institute (IFPRI).
    3. Genberg, Hans, 1978. "Purchasing power parity under fixed and flexible exchange rates," Journal of International Economics, Elsevier, vol. 8(2), pages 247-276, May.
    4. Cottani, Joaquin A & Cavallo, Domingo F & Khan, M Shahbaz, 1990. "Real Exchange Rate Behavior and Economic Performance in LDCs," Economic Development and Cultural Change, University of Chicago Press, vol. 39(1), pages 61-76, October.
    5. Marcos Sanso & Antonio Montanes, 2002. "Cointegration, error correction mechanism and trade liberalization: the case of the Spanish imports of manufactures," Applied Economics, Taylor & Francis Journals, vol. 34(2), pages 231-240.
    6. Sam Laird & Alexander Yeats, 1990. "Quantitative Methods for Trade-Barrier Analysis," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-11141-1, October.
    7. Lord, Montague, 2002. "Vietnam’s Export Competitiveness: Trade and Macroeconomic Policy Linkages," MPRA Paper 50638, University Library of Munich, Germany.
    8. Amelia Santos-Paulino & A. P. Thirlwall, 2004. "The impact of trade liberalisation on exports, imports and the balance of payments of developing countries," Economic Journal, Royal Economic Society, vol. 114(493), pages 50-72, February.
    9. Robert Engle & Clive Granger, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    10. W. M. Corden, 1966. "The Structure of a Tariff System and the Effective Protective Rate," Journal of Political Economy, University of Chicago Press, vol. 74(3), pages 221-221.
    11. Montague J. Lord (ed.), 1998. "The Handbook of Latin American Trade in Manufactures," Books, Edward Elgar Publishing, number 1392.
    12. Will Martin, 2001. "A Quantitative Evaluation of Vietnam's Accession to the ASEAN Free Trade Area," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 16, pages 545-567.
    13. Matthieu Crozet & Helene Erkel-Rousse, 2000. "Trade performances and the estimation of price-elasticities: Quality matters," Cahiers de la Maison des Sciences Economiques bla00061, Université Panthéon-Sorbonne (Paris 1).
    14. Prema‐chandra Athukorala, 2006. "Trade Policy Reforms and the Structure of Protection in Vietnam," The World Economy, Wiley Blackwell, vol. 29(2), pages 161-187, February.
    15. Davidson, James E H, et al, 1978. "Econometric Modelling of the Aggregate Time-Series Relationship between Consumers' Expenditure and Income in the United Kingdom," Economic Journal, Royal Economic Society, vol. 88(352), pages 661-692, December.
    16. Lord, Montague, 1998. "Modeling the Open Macro-Economy of Vietnam," MPRA Paper 41164, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. or Aurelia STEFĂNESCUkplace-Name: & Eugeniu TURLEA & Ileana Cosmina PITULICE & Ionela- Cătălina TUDORACHE (ZAMFIR), 2016. "Research On The Romanian Public Sector Entities’ Accounting System," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, vol. 50(3), pages 173-191.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lord, Montague, 2004. "Partial-Equilibrium and Industrial-Shift Analysis of the U.S.–Colombia FTA," MPRA Paper 50635, University Library of Munich, Germany.
    2. Lord, Montague, 2002. "Vietnam’s Export Competitiveness: Trade and Macroeconomic Policy Linkages," MPRA Paper 50638, University Library of Munich, Germany.
    3. Scheiblecker, Marcus, 2013. "Between cointegration and multicointegration: Modelling time series dynamics by cumulative error correction models," Economic Modelling, Elsevier, vol. 31(C), pages 511-517.
    4. Campos, Julia & Ericsson, Neil R. & Hendry, David F., 1996. "Cointegration tests in the presence of structural breaks," Journal of Econometrics, Elsevier, vol. 70(1), pages 187-220, January.
    5. repec:nbp:nbpbik:v:43:y:2012:i:5:p:5-20 is not listed on IDEAS
    6. Rocco Mosconi & Paolo Paruolo, 2022. "A Conversation with Søren Johansen," Econometrics, MDPI, vol. 10(2), pages 1-16, April.
    7. Boswijk, H. Peter & Franses, Philip Hans & van Dijk, Dick, 2010. "Cointegration in a historical perspective," Journal of Econometrics, Elsevier, vol. 158(1), pages 156-159, September.
    8. Adrian C. Darnell, 1994. "A Dictionary Of Econometrics," Books, Edward Elgar Publishing, number 118.
    9. Meng Lin, 2022. "The Conflict between Technology and Scale: Evidence from China’s Wooden Furniture Industry," Sustainability, MDPI, vol. 15(1), pages 1-15, December.
    10. Mulu Gebreyesus & Alekaw Kebede, 2017. "Ethiopia’s export promotion and the misalignment of the tariff and exchange rate regimes," Working Papers 019, Policy Studies Institute.
    11. Barot, Bharat, 2002. "Growth and Business Cycles for the Swedish Economy 1963-1999," Working Papers 79, National Institute of Economic Research.
    12. Shu-Ki Tsang & Shu-Hung Tang, 1998. "The Impact of the China Factor on the pre-1997 Hong Kong Economy: a macroeconometric analysis," International Review of Applied Economics, Taylor & Francis Journals, vol. 12(1), pages 89-106.
    13. Silvia Nenci, 2009. "Tariff liberatization and the growth of word trade: A comparative historiocal analysis to evaluate the multilateral trading system," Departmental Working Papers of Economics - University 'Roma Tre' 0110, Department of Economics - University Roma Tre.
    14. Alan Carruth & Andrew Dickerson, 2003. "An asymmetric error correction model of UK consumer spending," Applied Economics, Taylor & Francis Journals, vol. 35(6), pages 619-630.
    15. Pinshi, Christian, 2020. "Rethinking error correction model in macroeconometric analysis : A relevant review," MPRA Paper 98202, University Library of Munich, Germany.
    16. Neil R. Ericsson & David F. Hendry & Hong-Anh Tran, 1993. "Cointegration, seasonality, encompassing, and the demand for money in the United Kingdom," International Finance Discussion Papers 457, Board of Governors of the Federal Reserve System (U.S.).
    17. An, Haizhong & Gao, Xiangyun & Fang, Wei & Ding, Yinghui & Zhong, Weiqiong, 2014. "Research on patterns in the fluctuation of the co-movement between crude oil futures and spot prices: A complex network approach," Applied Energy, Elsevier, vol. 136(C), pages 1067-1075.
    18. Victalice Ngimanang Achamoh & Francis Menjo Baye, 2016. "Implications Of Foreign Direct Investment, Financial Development And Real Exchange Rate For Economic Growth In Cameroon," EuroEconomica, Danubius University of Galati, issue 1(35), pages 149-163, may.
    19. Athina Kanioura & Paul Turner, 2005. "Critical values for an F-test for cointegration in a multivariate model," Applied Economics, Taylor & Francis Journals, vol. 37(3), pages 265-270.
    20. André K. Anundsen & Ragnar Nymoen, 2015. "Did US consumers ‘save for a rainy day’ before the Great Recession?," Working Paper 2015/08, Norges Bank.
    21. Kenny S, Victoria, 2019. "Macroeconomic Performance Indicators and Exchange Rate Misalignment in Nigeria," MPRA Paper 93292, University Library of Munich, Germany.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • F1 - International Economics - - Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:50629. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.