Topics in Middle Eastern and North African Economies

Document Type

Article

Publication Date

9-1-2015

Abstract

This paper uses detailed cross country and over time data to show that despite various limitations, the QIZs of Jordan and subsequently Egypt, along with certain US FTAs, have contributed significantly to an increase in participating countries’ shares of exports to the US in the nine most common categories of clothing items for which the effects of tariff and quota exemptions are likely to be strongest. These influences, although perhaps diminishing after a certain period of time, are stronger than those of exchange rate, transport cost and changes in openness over time. What is perhaps most surprising is that these effects are quite clearly discernable even in the case of Jordan despite its lack of relevant raw materials and prior industrial experience. The results also demonstrate the very significant effects exercised by quotas and their phasing out on the changing country shares in US imports of the selected commodities.

Identifier

2334-282X

Journal Title

Topics in Middle Eastern and North African Economies

ISSN

2334-282X

Publisher

Middle East Economic Association and Loyola University Chicago

Volume

17

Comments

Presentation of the articles in the Topics in Middle Eastern and North African Economies was made possible by a limited license granted to Loyola University Chicago and Middle East Economics Association from the authors who have retained all copyrights in the articles. http://www.luc.edu/orgs/meea/volume17/meea17.htm

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.

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