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We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10012977471
the “coherence gap” in global governance. This paper examines the contribution that the WTO can make in its three areas of … argument that could be made for the use of WTO-triggered trade actions to enforce cooperative behaviour towards rebalancing …
Persistent link: https://www.econbiz.de/10013315818
Persistent link: https://www.econbiz.de/10003674627
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...
Persistent link: https://www.econbiz.de/10013086606
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...
Persistent link: https://www.econbiz.de/10013129252
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...
Persistent link: https://www.econbiz.de/10013121825
Persistent link: https://www.econbiz.de/10003387253
Persistent link: https://www.econbiz.de/10001708233
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When Vietnam entered WTO in 2007 it was granted an accession period up to 2014. During this period tariffs would have … WTO imposed tariff reforms will reduce the overall welfare level of the Vietnamese households. Moreover, the biggest loss …
Persistent link: https://www.econbiz.de/10013118678