DP679 Integration, Trade Policy and European Footwear Trade

Author(s): L. Alan Winters
Publication Date: July 1992
Keyword(s): 1992, Footwear, Integration, Trade Policy
JEL(s): F13, F14, F15
Programme Areas: International Trade and Regional Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=679

This paper constructs a simulation model of the EC footwear market with which to consider the effects of EC trade policies. It examines the Southern enlargement of the EC, the quotas imposed on Korean and Taiwanese sales - initially in France and Italy and subsequently, in line with the `1992' programme, EC-wide - and the liberalization of imports from Eastern Europe. Import restrictions are shown to be costly - especially those against Eastern Europe.