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Specific competence of the European Union in the field of social security and social protection has been quite limited, as the Member States consider these two items as core subjects of national policies and appeal earnestly to subsidiarity principle to avoid European regulation. Influence of...
Persistent link: https://www.econbiz.de/10008480902
Despite the proliferation of free trade agreements (FTAs) between nations today, academics and policy makers alike have yet to fully understand why trading nations actively pursue free trade agreements. With what aim do governments enter into an FTA? In this paper, we propose that the...
Persistent link: https://www.econbiz.de/10003490346
The potential multilateralisation of government procurement commitments in regional trade agreements (RTAs) presents many issues and challenges. To what extent do RTAs go beyond the 2012 revised Agreement on Government Procurement (GPA), and how do they differ among trading partners? This report...
Persistent link: https://www.econbiz.de/10009775467
In this paper the authors develop an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or multilateral trade policy commitments. They find that a...
Persistent link: https://www.econbiz.de/10009406930
This paper investigates the impact of regional free-trade-area (FTA) agreements on the ability of countries to multilaterally cooperate within an economic environment characterized by trade- flow volatility. We show that the parallel formation of different FTAs leads to a gradual but permanent...
Persistent link: https://www.econbiz.de/10011454643
In this paper, we examine the territoriality principle under preferential rules of origin. The territoriality principle under preferential rules of origin provides that when a material is imported from outside the territory of a party, the material would be entirely treated as non-originating...
Persistent link: https://www.econbiz.de/10003643044
This paper assesses the medium term impact of the United Kingdom leaving the EU Single Market under the terms of the EU-UK Trade and Cooperation Agreement (TCA) reached at the end of 2020 using the OECD METRO CGE model. The analysis does not include any transitional costs to fully implementing...
Persistent link: https://www.econbiz.de/10012801144
This paper quantifies the sectoral trade impact in the United Kingdom and in EU countries of the UK’s exit from the Single Market, using the OECD general-equilibrium METRO model. A comprehensive free-trade agreement could lead to a fall by about 6.1% of UK exports and 7.8% of UK imports in the...
Persistent link: https://www.econbiz.de/10012420943
This paper presents a constructed dataset of worldwide bilateral tariff rates to explore the seriousness of omitting bilateral tariff rates from gravity equations. Results indicate, first, that omitting bilateral tariff rates presents no serious issue related to the omitted variable bias because...
Persistent link: https://www.econbiz.de/10010869513
This study surveys safeguard provisions on trade in goods in 232 regional trade agreements (RTAs) notified to the GATT/WTO up to 31 December 2012. In particular, it identifies those RTAs that modify the conditions applicable to the RTA partner (either substantively or procedurally) in the event...
Persistent link: https://www.econbiz.de/10012882802