P. K. M. Tharakan

University of Antwerp, Antwerpen, Flanders, Belgium

Are you P. K. M. Tharakan?

Claim your profile

Publications (25)19.05 Total impact

  • P.K.M. Tharakan

    No preview · Article · Apr 2007 · World Economy
  • Source
    P. K. M. Tharakan
    [Show abstract] [Hide abstract]
    ABSTRACT: Trade Policy Review of the European Communities 2004 provides greater transparency, and better understanding of the trade policies of the EC. The WTO Secretariat's Report and the Comments of the Representatives rightly warn of the possibility of major problems arising because of the shortcomings of the Common Agricultural Policy of the EC, and the systematic back-loading in the implementation of the WTO Agreement on Textiles and Clothing. The discrepancy between the simultaneous allegiance to multilateralism and preferential trade arrangements is another difficulty which the EC and some other members of the WTO are facing. As a major player on the international trade scene, the EC's policy decisions will have a crucial effect on multilateral trade negotiations. Copyright 2006 The Author Journal compilation 2006 Blackwell Publishing Ltd .
    Preview · Article · Oct 2006 · World Economy
  • David Greenaway · P.K.M. Tharakan · Birgit Kerstens
    [Show abstract] [Hide abstract]
    ABSTRACT: Previous research has reported evidence of bias in favour of positive injury determinations in anti-dumping procedures of some WTO Members. This raises the question of whether the procedures used also result in inflated injury margins. This paper exploits a unique data set of injury margins for 354 EU anti-dumping cases. Application of a counterfactual model yields evidence of excess margins. Results from an econometric analysis suggest that excess injury margins are the result of built-in distortions in estimation procedures, and not due to political economy influences.
    No preview · Article · Feb 2006 · European Journal of Political Economy
  • Source
    P. K. M. Tharakan · Ilke Van Beveren · Tom Van Ourti
    [Show abstract] [Hide abstract]
    ABSTRACT: Recent export experience of some large, emerging economies has raised important questions about the trade determinants of the modern-services-driven sectors and the goods-production-driven sectors. In our empirical analysis of the determinants of Indian exports of software services and of the total Indian goods exports, we raise the following questions: How (dis)similar is the performance of the Indian exports of software from the determinants of India's total exports of goods? Are such differences significant? Is the pattern of the performance of the determinants stable over time? Our findings concerning the effects of size, distance, linguistic connections, and trade-facilitating networks enable us to make some important inferences of policy relevance. Copyright (c) 2005 President and Fellows of Harvard College and the Massachusetts Institute of Technology.
    Full-text · Article · Feb 2005 · Review of Economics and Statistics
  • Source
    P. K. M. Tharakan

    Preview · Article · Feb 2003 · World Economy
  • Source
    P. K. M. Tharakan
    [Show abstract] [Hide abstract]
    ABSTRACT: The driving force behind Preferential Arrangements (PAs)1 between countries is rarely economics alone. It was the profound wish to move away from the cycle of armed conflict between the European nations that prompted the creation of the European Coal and Steel Community which was the forerunner of the European Union (EU). It has also been argued that the move towards the next phase of the enlargement of the EU which is expected to see the entry of a number of Central and Eastern European countries into the Union, forms part of an effort to forestall a return to the Cold War division of Europe (Dehaene, 2000). Nevertheless economic considerations do play a very important role in Preferential Arrangements. Free trade among members, common external tariffs, free movement of factors of production, coordination of macro-economic policies and acceptance of a single currency are among some of the well-known phases which PAs might go through. Although PAs have a long history, they acquired considerable policy attention particularly since the early 1960s. In analysing the post World War II trends in Preferential Arrangements, some economists make a distinction between a first, and a second wave of such Arrangements. The first wave of PAs was inspired by the emergence of the European Economic Community. It appeared to lose momentum during the 1970s. The second wave starting in the 1980s has turned out to be far more powerful and continues to spread rapidly, even as the process of multilateral trade liberalisation makes progress under the auspices of the World Trade Organisation (WTO). Increasingly there are interlinkages between PAs of various types among countries located in different parts of the world.
    Preview · Article · Feb 2002 · World Economy
  • P. K. M. Tharakan

    No preview · Article · Feb 2001 · World Economy
  • P.K.M. Tharakan

    No preview · Article · Feb 2000 · World Economy
  • P. K. M. Tharakan

    No preview · Article · Feb 1999 · World Economy
  • Patrick A. Messerlin · P. K. M. Tharakan
    [Show abstract] [Hide abstract]
    ABSTRACT: The Uruguay Round of Multilateral Trade Negotiations, formally concluded on 15 April 1994 in Marrakesh, led to the adoption by the WTO Members of new Agreements dealing with the major instruments of contingent protection, i.e. Anti-dumping, Countervailing and Safeguard Measures. But the new Agreements have not diminished the intensity of the controversy surrounding the use of contingent protection, particularly anti-dumping (AD) measures. It is clear that a serious debate about the rationale of the definition of dumping as it is now contained in Article 2 of WTO (1994) cannot be endlessly postponed. In this article we raise some of the important issues concerning two components of contingent protection, i.e. anti-dumping and safeguard measures. Countervailing duty (CVD) system is not separately analysed. We concentrate our attention on a limited number of issues which are central to any reassessment of the contingent protection system. In doing so, we develop a line of reasoning which lends itself to some policy proposals. But while putting forward these proposals, we do not turn a blind eye to the complexity of some of the issues involved, and have taken care to point out some of the conflicting views.
    No preview · Article · Feb 1999 · World Economy
  • P.K.M. Tharakan
    [Show abstract] [Hide abstract]
    ABSTRACT: The long term survival capacity shown by anti-dumping systems appears surprising particularly in view of their well-known shortcomings. With the systematic reduction in other forms of protection, the anti-dumping mechanism is poised to become a very important trade-restricting device. The durability of the anti-dumping system can be explained by various factors. The public perception of the notions of 'dumping' and 'anti-dumping' is diffrent from what the rules and regulations define them to be. This weakens the effect of the technical arguments against its detrimental effects. But there is also the fact that genuine social concerns about the impact of liberalisation reflect adversely and unjustly against what passes for 'dumping' under the current legislation. Special interest groups are highly effective in making use of the anti-dumping system and hence have a stake in prolonging its existence. For potential countervailing forces such as the consumers' organisations, anti-dumping problems are not a priority item for action. The uneven pace at which liberalisation and deregulation have opened up markets in different countries adds strength to the arguments of pro-anti-dumping groups.
    No preview · Article · Feb 1999 · World Economy
  • P. K. M. Tharakan
    [Show abstract] [Hide abstract]
    ABSTRACT: The WTO's 1997 Trade Policy Review of the European Union is a carefully compiled document which contains valuable information on policy-related developments in one of the world's most important trading entities. The comprehensiveness of the information that is provided and the attention to detail that is evident in the description of the trade policy measures by instrument and sector, makes it a highly useful source for all those who are interested in this subject. It has clearly contributed to making the EU's trade policy more transparent. Transparency is, of course, an important requirement for an evaluation of the full range of individual WTO Members' trade policies and practices. But such an evaluation needs to go a step beyond transparency, and make, where necessary, difficult judgements which might, of course, carry the risk of being contested. The WTO's 1997 Trade Policy Review of the European Union has continued its tradition of cautious approach. On some questions such as the effect of the proliferation of the preferential arrangements, and the use of the anti-dumping mechanism, it could have used sharper instruments of evaluation. One would like to hope that having made a substantial contribution to transparency, the Trade Policy Review mechanism of the WTO will, in the coming years, choose to give more importance to the evaluation content. Meanwhile, the authors of the Review deserve credit for the very useful work they have done.
    No preview · Article · Feb 1999 · World Economy
  • David Greenaway · P. K. M. Tharakan · Joe Tharakan

    No preview · Article · Feb 1998 · Weltwirtschaftliches Archiv
  • P.K.M. Tharakan · Edwin Vermulst · Joe Tharakan
    [Show abstract] [Hide abstract]
    ABSTRACT: In this paper we illustrate some issues concerning the interface between anti-dumping and competition policy by performing what amounts to a 'thought experiment' on a recent case. It consists of reappraising the 'Personal fax machines' case by supposing that a mechanism proposed by Hoekman and Mavroidis (1996) for handling anti-dumping complaints were available in reality. The proposal of the above-mentioned authors is meant to enhance the role of competition policy disciplines in the anti-dumping policy application in a world where harmonisation of competition regulations is not yet achieved. Section 2 of the paper explains the background of the study and the framework of analysis. Section 3 sums up the main elements of the anti-dumping determination of the European Commission in the 'Personal fax machines' case. Sections 4, 5 and 6 test the feasibility of applying the three options put forward by Hoekman and Mavroidis (1996) to the present case and attempt some second-guessing about possible outcomes. Section 7 states the general conclusions that can be drawn from the exercise.
    No preview · Article · Feb 1998 · World Economy

  • No preview · Article · Feb 1998 · World Economy
  • P.K.M. Tharakan · P.J. Lloyd

    No preview · Article · Feb 1998 · World Economy
  • P.K.M. Tharakan · D. Greenaway · J. Tharakan

    No preview · Article · Jan 1998
  • P.K.M. Tharakan
    [Show abstract] [Hide abstract]
    ABSTRACT: This analysis of the controversial, EC anti-dumping decision on the imports of DRAMs from Japan raises serious doubts about the economic rationale and plausibility of the estimates of the dumping and injury margins. Our counterfactual experiment suggests that the injury to the EC industry was overestimated. Under such circumstances, the decision to accept an undertaking by the defendants to rise the price by 60 per cent is puzzling. Shortly after the AD decision, some complainants entered into alliances with the defendants. The case vividly illustrates the ambiguities and contradictions that mark the anti-dumping regulations and practices and underlines the need for their reform.
    No preview · Article · Mar 1997 · De Economist
  • P. K. Mathew Tharakan · Birgit Kerstens
    [Show abstract] [Hide abstract]
    ABSTRACT: In this paper we examine the impact of membership in Preferential Trade Agreements (PTAs) on trade between PTA members. Rather than considering the impact of PTA membership on the volume of trade we consider the impact of membership on the structure of trade. For a large sample of countries over the period 1962-2000 we find that membership in a PTA is associated with an increase in the extent of intra-industry trade. In addition, we find that the effect of PTA membership on IIT is larger when a PTA is formed between two developed countries.
    No preview · Article · Mar 1995 · Weltwirtschaftliches Archiv
  • P.K.M. Tharakan · J. Waelbroeck
    [Show abstract] [Hide abstract]
    ABSTRACT: In recent years, there has been a growing concern about the recourse to antidumping measures by the GATT member countries. Such measures can become a substitute for selective protection. In the present article, the dumping and injury determinations of the E.C. are subjected to econometric analysis, using the Finger-Hall-Nelson (FHN) model which makes a distinction between the political determinants and the technical determinants. The results show that the technical variables dominate the dumping decisions while the political variables are more important in the injury determinations of the E.C. A comparison with the results obtained by the FHN study confirm the broad similarity between the E.C. and the U.S. patterns, although the E.C. injury decisions are somewhat more susceptible to the influence of political variables. The results of the study suggest that those who are interested in restraining the misuse of the antidumping provisions should concentrate their attention on the injury determination mechanism.
    No preview · Article · Feb 1994 · European Economic Review