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Does WTO Membership Make a Difference at the Extensive Margin of World Trade?

Felbermayr, Gabriel J. - 2007

estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose's results seem to indicate …In his seminal paper, Rose (2004) concluded from a gravity-type study of bilateral trade that the GATT/WTO does not … zero trade and leaves room for WTO membership to promote trade at the extensive margin of trade. Relying on a Tobit …

Persistent link: https://www.econbiz.de/10012777730

Managerial versus Production Wages : Offshoring, Country Size and Endowments

Benz, Sebastian; Kohler, Wilhelm - 2021

premium as well as on international inequality measured in income per head. We compare these effects in a world where trade is … restricted to differentiated final goods with a world with trade in both final goods and production tasks …

Persistent link: https://www.econbiz.de/10013316113

The Economics of Investor Protection : ISDS versus National Treatment

Kohler, Wilhelm - 2019

Investor-state dispute settlements (ISDS) are supposed to protect foreign investors against domestic policies causing “unjustified” harm. This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign...

Persistent link: https://www.econbiz.de/10012903484

Offshoring and Volatility of Demand

Benz, Sebastian - 2016

In this paper we explore the role that demand uncertainty plays for the offshoring decision, and the role that offshoring plays for domestic volatility of employment. Offshoring is modeled as in Antràs & Helpman (2004), but we assume complete contracts. Firms are heterogeneous as in Melitz...

Persistent link: https://www.econbiz.de/10012986173

Does WTO Membership Make a Difference at the Extensive Margin of World Trade?

Felbermayr, Gabriel J.; Kohler, Wilhelm - CESifo - 2007

estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose’s results seem to indicate. …In his seminal paper, Rose (2004) concluded from a gravity-type study of bilateral trade that the GATT/WTO does not … zero trade and leaves room for WTO membership to promote trade at the extensive margin of trade. Relying on a Tobit …

Persistent link: https://www.econbiz.de/10005181483

Eastern Enlargement of the EU: Jobs, Investment and Welfare in Present Member Countries

Heijdra, Ben J.; Keuschnigg, Christian; Kohler, Wilhelm - CESifo - 2002

Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue concerns immigration, jobs and wages. We address these issues in a general equilibrium framework, both analytically and through numerical simulations. Analytical results identify...

Persistent link: https://www.econbiz.de/10005051580

The Bazaar Effect, Unbundling of Comparative Advantage, and Migration

Kohler, Wilhelm - 2007

Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this reflects an unbundling of comparative advantage. Using a model where Ricardian plus Heckscher-Ohlin-type comparative advantage relates to fragments of production, I compare a trading...

Persistent link: https://www.econbiz.de/10012777491