The Cost of EU Trade Protection in Textiles and Clothing

D. Spinanger, Joseph Francois

Research output: Working paper and reportsWorking paper

Abstract

This paper estimates the costs of EU restraints on trade in textiles and clothing. After explaining the methods used, we examine the impact of an opening up of EU trade in textiles and clothing, inter alia to those economies where the textile and clothing (T&C) industries command sizeable shares of exports and output. The estimates are based, firstly, on a partial equilibrium analysis allowing us to directly cover the effects of liberalization on the importation, production and consumption of T&C products; secondly, a general equilibrium analysis incorporates the wide-sweeping indirect costs of ATC within the EU. It turns out that in 1997 EU consumers paid roughly ECU 25 billion more for T&C products, due to quotas, tariffs and indirect effects.
Original languageEnglish
PublisherKiel Institute for the World Economy
Publication statusPublished - 2000

Publication series

NameKiel Working Papers
No.997

Fields of science

  • 405002 Agricultural economics
  • 502 Economics
  • 502001 Labour market policy
  • 502002 Labour economics
  • 502003 Foreign trade
  • 502009 Corporate finance
  • 502010 Public finance
  • 502012 Industrial management
  • 502013 Industrial economics
  • 502018 Macroeconomics
  • 502020 Market research
  • 502021 Microeconomics
  • 502025 Econometrics
  • 502027 Political economy
  • 502039 Structural policy
  • 502042 Environmental economics
  • 502046 Economic policy
  • 502047 Economic theory
  • 504014 Gender studies
  • 506004 European integration
  • 507016 Regional economy
  • 303010 Health economics

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