A note on the effects of graduation under the US GSP on Africa |
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| Authors: | Jose A. Mendez Tracy Murray |
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| Affiliation: | 1. Associate Professor of Economics , Arizona State University ,;2. Phillips Petroleum Company Distinguished Professor of International Economics and Business , University of Arkansas , |
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| Abstract: | The Trade and Tariff Act of 1984 includes a new measure, country graduation, designed to shift a greater share of the benefits of the US Generalized System of Preferences (GSP) from the more advanced developing countries to poorer beneficiary countries. This note presents estimates of the effects of graduating Hong Kong, South Korea, Singapore and Taiwan on the poorest countries of Africa. Our results show that the removal of these four countries will do little to increase the GSP benefits of the African beneficiary countries. |
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