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since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics … gains for Germany (3.5%), Europe (3.9%), and the world (1.6%), but that it could also harm third countries …
Persistent link: https://www.econbiz.de/10013044668
The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real …
Persistent link: https://www.econbiz.de/10014225999
yields economically plausible and statistically significant estimates of the declining effect of “national borders” on world …
Persistent link: https://www.econbiz.de/10013315671
-cooperative tariff policies. These results suggest that post WWII trends have increased the relative merits of the WTO …
Persistent link: https://www.econbiz.de/10013124179
whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non …-discriminatory nature of GATT/WTO commitments by measuring the effects of GATT/WTO membership on international trade relative to domestic … sales. These unilateral effects of GATT/WTO membership are found to be large, positive, and statistically significant. We …
Persistent link: https://www.econbiz.de/10012025569
actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …
Persistent link: https://www.econbiz.de/10012947623
Proper measurement and aggregation of trade costs is of paramount importance for sound academic and policy analysis of the determinants - particularly those of policy - of economic outcomes. The international trade profession has witnessed significant new developments, both on the theoretical...
Persistent link: https://www.econbiz.de/10012419247
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10013150804
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...
Persistent link: https://www.econbiz.de/10013018278
Unilateral climate policy suffers from carbon leakage, i.e. the (partial) offset of the initial emission reduction by increases in other countries. Different than most typically discussed climate policies, degrowth not only aims at reducing the fossil fuel use in an economy, but rather at a...
Persistent link: https://www.econbiz.de/10012947519