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The Elimination Of Madagascar’S Vanilla Marketing Board, Ten Years On, Laure C. Dutoit, Olivier Cadot, Jaime De Melo
The Elimination Of Madagascar’S Vanilla Marketing Board, Ten Years On, Laure C. Dutoit, Olivier Cadot, Jaime De Melo
Olivier Cadot
This paper explores how the elimination of Madagascar’s Vanilla Marketing Board (VMB) in 1993 affected prices paid to farmers, incentives, and regional indicators of poverty and inequality. After steadily losing market share, Madagascar has been able to regain some of the lost ground since the mid-1990s. Margins between FOB and farmgate prices have narrowed down and analysis of changes in poverty and inequality suggests some positive impact in regions where vanilla is grown, though it is difficult to control for other intervening factors. A counterfactual analysis based on a model of Cournot competition between vanilla traders suggests that whatever limited …
Anti-Dumping Sunset Reviews: The Uneven Reach Of Wto Disciplines, Bolormaa Tumurchudur, Olivier Cadot, Jaime De Melo
Anti-Dumping Sunset Reviews: The Uneven Reach Of Wto Disciplines, Bolormaa Tumurchudur, Olivier Cadot, Jaime De Melo
Olivier Cadot
The paper uses a new database on Anti-Dumping measures worldwide to assess whether the 1995 Uruguay Round Agreement on AD sunset reviews had any effect. Estimates from a count of revocations for a panel of AD-using countries over 1979-2005 show that a five-year cycle is more apparent after the WTO agreement than before, with the marginal propensity to revoke AD measures at five years jumping from 0-2% to 45%. A survival analysis of AD measures confirms that those covered by the agreement stick on average for shorter periods, and a semi-parametric difference-in-difference approach confirms a strong de-jure component to the …