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World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...
Persistent link: https://www.econbiz.de/10011450770
This paper aims to study the joint effects of the 2004 EU Enlargement and Russia's entry into the WTO, and the effects of an eventual Russia-Enlarged EU Free Trade Agreement (FTA). The paper is organized as follows: in Section I, it starts with the brief description of the model used. The...
Persistent link: https://www.econbiz.de/10013157641
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...
Persistent link: https://www.econbiz.de/10013318985
In light of Kazakhstan's interest to join the World Trade Organization (WTO), this paper investigates the impact of the WTO accession on trade flows by using a standard gravity model. It argues that accession to the WTO involves a short run benefit from further reducing tariff and non-tariff...
Persistent link: https://www.econbiz.de/10011619000
This paper proposes a new approach of forecasting “prospective" comparative advantages based on relative prices differences between countries in the context of economic liberalization. An empirical analysis based on the example of Central and East European countries that have already passed...
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