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influence countries' decisions regarding international trade. We measure US influence using a newly constructed annual panel of … market for American products. Our analysis is able to rule out decreased bilateral trade costs, changing political ideology …
Persistent link: https://www.econbiz.de/10008631117
construction as a driver of China's demand for resource-intensive metal products. Second, it shows that global trade in non …-oil resource commodities can be described by the gravity model of trade. Using this model it is found that, controlling for other … determinants of resource trade, exports (and the manufacturing sector more generally) are a sizeable and significant determinant of …
Persistent link: https://www.econbiz.de/10010875337
century. Over the past decade Asian economies established a large number of bilateral and a few sub-regional free trade areas … that have facilitated the rise in intra-regional trade and regional production networks. More recently, the region has been … effects will be small, the EU could face significant trade diversion at the commodity level. © 2014 The Earth Institute at …
Persistent link: https://www.econbiz.de/10011009830
The paper uses a gravity trade model to examine the impact of corruption on bilateral trade using a data set comprising … nations does hinder cross-border transactions, differences between their ethical standards do have a negative impact on trade …
Persistent link: https://www.econbiz.de/10010954804
This report examines the different channels through which trade openness (and reforms to achieve it) can affect a … country’s food security. The overall conclusion is that trade openness has a positive net impact on food security, although … of trade protection. The challenge for policymakers is to design flanking policies which enable countries to reap …
Persistent link: https://www.econbiz.de/10011276759
As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...
Persistent link: https://www.econbiz.de/10011276855
Gravity models are used to explore the determinants of trade, making use of fixed effect linear estimators and a … Poisson estimator (as in Santos Silva and Tenreyro, 2006) with fixed effects. Beyond usual determinants of trade such as GDP …, distance, contiguity, free trade areas and language, this analysis mainly focuses on the role of product market regulation …
Persistent link: https://www.econbiz.de/10011277018
Countries embarking on trade negotiations are not only seeking increased market access, but also, reduced market … trade agreements (RTAs) concluded by OECD and large emerging economies over the last decade. While there is a lively … discussion on strengthening transparency in the World Trade Organization (WTO), scant attention has been paid to the evolution of …
Persistent link: https://www.econbiz.de/10011277107
What influences the adoption of transparency obligations in trade agreements, and what are its effects? This paper uses … a new dataset on transparency provisions in over a hundred regional trade agreements (RTAs) to provide empirical … evidence of the political economy determinants of international transparency commitments, as well as the trade impact of …
Persistent link: https://www.econbiz.de/10011277119
) bilateral trade openness reduces bilateral cultural distance; (ii) the more differentiated the products, the more trade reduces … cultural distance; (iii) trade openness has a lock-in effect on culture. Third, we test the model using an instrumental … bilateral trade openness translates into a 43% standard deviation decrease in bilateral cultural distance. …
Persistent link: https://www.econbiz.de/10005082538