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This study uses a theoretically justified gravity model of trade to examine the impact of the ASEAN-China Free Trade Agreement (ACFTA) on exports, focusing on trade creation and diversion effects. The model is tested on a sample of 31 countries over the period dating from 1995 to 2010 using...
Persistent link: https://www.econbiz.de/10009706185
We estimate the effects of trade facilitation on export diversification, as measured by two extensive margins: the number of products exported by destination and the number of export destinations served by product. To address the issue of causality, we employ an identification strategy whereby...
Persistent link: https://www.econbiz.de/10011374065
During the last few decades, India’s trade with the Latin American and Caribbean (LAC) countries has grown substantially, especially in the area of Information Technology (IT) services. The definition of IT services now includes a plethora of IT-enabled services (ITeS) directed to specific...
Persistent link: https://www.econbiz.de/10013329535
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The objective of this paper is twofold. First, it examines the effects of the implementation of trade facilitation (TF) measures on international trade flows and on participation in global value chains (GVCs). Second, it provides policy recommendations for developing Asia and the Pacific derived...
Persistent link: https://www.econbiz.de/10014289869
With increasing global agrifood trade, private food standards and certifications have proliferated. Yet, their trade effects remain ambiguous. We provide further empirical evidence by assessing the effect of GlobalGAP certification on agrifood exports to high-value markets in EU and OECD...
Persistent link: https://www.econbiz.de/10011755686
The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...
Persistent link: https://www.econbiz.de/10010382160
The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...
Persistent link: https://www.econbiz.de/10013035961
Canada's trade diversification drive confronts daunting challenges given that economic geography places it deep in the gravity well of the United States while its main diversification opportunities require partnership with the US' chief geostrategic rival, China. In this note, I sketch out how...
Persistent link: https://www.econbiz.de/10012849443