z-logo
Premium
Effects of STABEX on Cotton Imports of the European Community
Author(s) -
Sissoko Macki M.,
Duffy Patricia A.
Publication year - 1993
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.2307/1349456
Subject(s) - earnings , european community , european market , payment , international trade , international economics , economics , transfer payment , business , home market , market economy , finance , welfare
An Armington approach was used to analyze the effects of the STABEX system on the cotton imports of the European Community. STABEX, a provision of the Lome Conventions, provides transfer payments from the European Community to certain former colonies when export earnings of protected commodities experience a shortfall. Since its inception, STABEX appears to have increased the market share of certain former European colonies at the expense of other regions, mostly composed of third world countries.

This content is not available in your region!

Continue researching here.

Having issues? You can contact us here