Illegal Transactions in International Trade ：Theory and Measurement

Publication subTitle ：Theory and Measurement

Author： Bhagwati   Jagdish N.  

Publisher： Elsevier Science‎

Publication year： 2014

E-ISBN: 9781483274805

P-ISBN(Paperback): 9780444105813

Subject： D8 Diplomacy, International Relations;F7 Trade Economy;F74 international trade

Keyword： 贸易经济

Language： ENG

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Description

Studies in International Economics, Volume 1: Illegal Transactions in International Trade: Theory and Measurement embraces the theoretical, empirical, and econometric aspects of international economic analysis.

The selection first elaborates on a theoretical analysis of smuggling, an alternative proof of the Bhagwati-Hansen results on smuggling and welfare, and smuggling and trade policy. Discussions focus on optimal tariff and revenue questions, legal trade eliminated by smuggling, legal trade co-existing with smuggling, overinvoicing and underinvoicing of transactions, and smuggling and welfare. The text then examines overinvoicing, underutilization, and distorted industrial growth, fiscal policies, faking of foreign trade declarations, and the balance of payments, and accuracy of economic observations. Topics include statistics of foreign commodity trade, trade tariffs and subsidies, effect on capital complexity, industrial employment and output growth, implications for industrial development, effective exchange rate for capital imports, and foreign-exchange profits of overinvoicing.

The manuscript ponders on tariffs and smuggling in Indonesia and the problems of assessing unrecorded trade, including complications in comparing partners' trade accounts, measuring recorded values of all products, market impact of smuggling, and methods for detecting smuggling.

The selection is a valuable source of data for researchers interested in international trade.

Chapter

Front Cover

Front Cover

Illegal Transactions in International Trade: Theory and Measurement

Illegal Transactions in International Trade: Theory and Measurement

Copyright Page

Copyright Page

Table of Contents

Table of Contents

Introduction to the Series

Introduction to the Series

Acknowledgements

Acknowledgements

INTRODUCTION

INTRODUCTION

1. Pure theory

1. Pure theory

2. Balance of payments and developmental effects

2. Balance of payments and developmental effects

3. Detection of faked invoicing

3. Detection of faked invoicing

4. Detection of smuggling

4. Detection of smuggling

References

References

PART I: THE PURE THEORY OF INTERNATIONAL TRADE

PART I: THE PURE THEORY OF INTERNATIONAL TRADE

Chapter 1. A THEORETICAL ANALYSIS OF SMUGGLING

Chapter 1. A THEORETICAL ANALYSIS OF SMUGGLING

1. Introduction

1. Introduction

2. Smuggling and welfare

2. Smuggling and welfare

3. Exogenously specified objectives: target increase in importable production

3. Exogenously specified objectives: target increase in importable production

4. Overinvoicing and underinvoicing of transactions

4. Overinvoicing and underinvoicing of transactions

5. Conclusions

5. Conclusions

Acknowledgements

Acknowledgements

References

References

Chapter 2. AN ALTERNATIVE PROOF OF THE BHAGWATI-HANSEN RESULTS ON SMUGGLING AND WELFARE

Chapter 2. AN ALTERNATIVE PROOF OF THE BHAGWATI-HANSEN RESULTS ON SMUGGLING AND WELFARE

1. Introduction

1. Introduction

2. Case I: Legal trade eliminated by smuggling

2. Case I: Legal trade eliminated by smuggling

3. Case II: Legal trade co-existing with smuggling

3. Case II: Legal trade co-existing with smuggling

Chapter 3. SMUGGLING AND TRADE POLICY

Chapter 3. SMUGGLING AND TRADE POLICY

1. Introduction

1. Introduction

2. First-best solution

2. First-best solution

3. Optimal tariff and revenue questions

3. Optimal tariff and revenue questions

4. Summary

4. Summary

Acknowledgements

Acknowledgements

References

References

Chapter 4. NOTES ON THE ECONOMIC THEORY OF SMUGGLING

Chapter 4. NOTES ON THE ECONOMIC THEORY OF SMUGGLING

1. Summary of previous results

1. Summary of previous results

2. Revenue and optimal tariffs

2. Revenue and optimal tariffs

References

References

PART II: BALANCE OF PAYMENTS AND DEVELOPMENTAL EFFECTS

PART II: BALANCE OF PAYMENTS AND DEVELOPMENTAL EFFECTS

Chapter 5. OVERINVOICING, UNDERUTILIZATION, AND DISTORTED INDUSTRIAL GROWTH

Chapter 5. OVERINVOICING, UNDERUTILIZATION, AND DISTORTED INDUSTRIAL GROWTH

1. Introduction

1. Introduction

2. The foreign-exchange profits of overinvoicing

2. The foreign-exchange profits of overinvoicing

3. The effective exchange rate for capital imports

3. The effective exchange rate for capital imports

4. The effect on the choice between imported and domestic capital goods

4. The effect on the choice between imported and domestic capital goods

5. The effect on the choice between expanding capital or utilizing existing capital

5. The effect on the choice between expanding capital or utilizing existing capital

6. The effect on capital complexity, industrial employment and output growth

6. The effect on capital complexity, industrial employment and output growth

7. The implications for industrial development

7. The implications for industrial development

References

References

Chapter 6. FISCAL POLICIES, THE FAKING OF FOREIGN TRADE DECLARATIONS, AND THE BALANCE OF PAYMENTS

Chapter 6. FISCAL POLICIES, THE FAKING OF FOREIGN TRADE DECLARATIONS, AND THE BALANCE OF PAYMENTS

1. Introduction

1. Introduction

2. Trade tariffs and subsidies

2. Trade tariffs and subsidies

Acknowledgements

Acknowledgements

Appendix

Appendix

References

References

PART III: PARTNER-COUNTRY DATA COMPARISONS AND FAKED INVOICING

PART III: PARTNER-COUNTRY DATA COMPARISONS AND FAKED INVOICING

Chapter 7. ON THE ACCURACY OF ECONOMIC OBSERVATIONS: FOREIGN TRADE STATISTICS

Chapter 7. ON THE ACCURACY OF ECONOMIC OBSERVATIONS: FOREIGN TRADE STATISTICS

1. Introductory remarks

1. Introductory remarks

2. Statistics of gold movements

2. Statistics of gold movements

3. Statistics of foreign commodity trade

3. Statistics of foreign commodity trade

4. Concluding remarks

4. Concluding remarks

References

References

Chapter 8. THE ACCURACY OF INTERNATIONAL TRADE DATA: THE CASE OF SOUTHEAST ASIAN COUNTRIES

Chapter 8. THE ACCURACY OF INTERNATIONAL TRADE DATA: THE CASE OF SOUTHEAST ASIAN COUNTRIES

1. Introduction

1. Introduction

2. Errors in corresponding trade data

2. Errors in corresponding trade data

3. Concluding remarks

3. Concluding remarks

Acknowledgements

Acknowledgements

References

References

Chapter 9. ON THE UNDERINVOICING OF IMPORTS

Chapter 9. ON THE UNDERINVOICING OF IMPORTS

1. Introduction

1. Introduction

2. Reasons for underinvoicing of imports

2. Reasons for underinvoicing of imports

3. An empirical investigation

3. An empirical investigation

4. Turkish tariffs during 1961

4. Turkish tariffs during 1961

Chapter 10. CAPITAL FLIGHT FROM LDCs: A STATISTICAL ANALYSIS

Chapter 10. CAPITAL FLIGHT FROM LDCs: A STATISTICAL ANALYSIS

1. Introduction

1. Introduction

2. Analysis of findings

2. Analysis of findings

3. Conclusion

3. Conclusion

Acknowledgement

Acknowledgement

References

References

PART IV: DETECTING SMUGGLING

PART IV: DETECTING SMUGGLING

Chapter 11. INDONESIA'S UNRECORDED TRADE

Chapter 11. INDONESIA'S UNRECORDED TRADE

1. Introduction

1. Introduction

2. Trade with partner countries

2. Trade with partner countries

3. Exports of major commodities

3. Exports of major commodities

4. Conclusions

4. Conclusions

References

References

Chapter 12. PROBLEMS OF ASSESSING UNRECORDED TRADE

Chapter 12. PROBLEMS OF ASSESSING UNRECORDED TRADE

1. Introduction

1. Introduction

2. Estimating exports from production

2. Estimating exports from production

3. Complications in comparing partners' trade accounts

3. Complications in comparing partners' trade accounts

4. Differing systems of recording rubber

4. Differing systems of recording rubber

5. Measuring recorded values of all products

5. Measuring recorded values of all products

6. Global trade comparisons

6. Global trade comparisons

7. Summary

7. Summary

References

References

Chapter 13. TARIFFS AND SMUGGLING IN INDONESIA

Chapter 13. TARIFFS AND SMUGGLING IN INDONESIA

1. Introduction

1. Introduction

2. Types of smuggling

2. Types of smuggling

3. Methods for detecting smuggling

3. Methods for detecting smuggling

4. Market impact of smuggling

4. Market impact of smuggling

5. Interpretation of the data

5. Interpretation of the data

References

References

PART V: MISCELLANY

PART V: MISCELLANY

Chapter 14. UNIT VALUES OF U.S. MACHINERY EXPORTS

Chapter 14. UNIT VALUES OF U.S. MACHINERY EXPORTS

1. Introduction

1. Introduction

2. Alternative explanatory variables

2. Alternative explanatory variables

3. Results

3. Results

4. Summary

4. Summary

Acknowledgements

Acknowledgements

References

References

Appendix

Appendix

Index

Index

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