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How Much Market Access in FTAs? Textiles Under NAFTA
Cadot, Olivier; Carrère, Céline; de Melo, Jaime; … - C.E.P.R. Discussion Papers - 2005
This paper estimates the effective market access granted under NAFTA in textiles and apparel by combining two approaches. First, we estimate the effect of tariff preferences and rules of origin on the border prices of Mexican final goods exported to the US and of US intermediates exported to...
Persistent link: https://www.econbiz.de/10005791402
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Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade
Baldwin, Richard - C.E.P.R. Discussion Papers - 2006
here to stay; world trade is regulated by a motley assortment of unilateral, bilateral and multilateral trade agreements; 2 …) this motley assortment is not the best way to organise world trade. Moving to global duty-free trade will require a … narrative of world trade liberalisation since 1947. The logic is then used to project the world tariff map in 2010, arguing that …
Persistent link: https://www.econbiz.de/10005067492
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Rules of Origin as Export Subsidies
Cadot, Olivier; Estevadeordal, Antoni; Suwa Eisenmann, Akiko - C.E.P.R. Discussion Papers - 2005
The paper estimates the effect of NAFTA’s rules of origin (ROO) on Mexican access to the US market treating explicitly the endogenous determination of ROOs. The first equation determines Mexico’s NAFTA (preferential) exports to the US as a function of tariff preference and Estevadeordal’s...
Persistent link: https://www.econbiz.de/10005662328
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Market Access for Sale: Latin America's Lobbying for US Tariff Preferences
Kee, Hiau Looi; Olarreaga, Marcelo; Silva, Peri - C.E.P.R. Discussion Papers - 2003
This Paper assesses the foreign lobbying forces behind the tariff preferences that the United States grants to Latin American countries. The basic framework is one developed by Grossman and Helpman (1994) that is extended to explain the relationship between foreign lobbying and tariff...
Persistent link: https://www.econbiz.de/10005666749
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Trade Liberalization and the Wage Skill Premium: Evidence from Indonesia
Amiti, Mary; Cameron, Lisa - C.E.P.R. Discussion Papers - 2011
In this paper, we analyze the effect of reducing import tariffs on intermediate inputs and final goods on the wage skill premium within firms in Indonesia – a country with a high share of unskilled workers. We present a new finding that reducing input tariffs reduces the wage skill premium...
Persistent link: https://www.econbiz.de/10009024928
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Sequential Exporting
Albornoz-Crespo, Facundo; Calvo Pardo, Hector F.; … - C.E.P.R. Discussion Papers - 2010
Many new exporters give up exporting very shortly, despite substantial entry costs; others shoot up foreign sales and expand to new destinations. We develop a model based on experimentation to rationalize these and other dynamic patterns of exporting firms. We posit that individual export...
Persistent link: https://www.econbiz.de/10008692316
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Who Benefits from Regional Trade Agreements? The View from the Stock Market
Moser, Christoph; Rose, Andrew K - C.E.P.R. Discussion Papers - 2011
The effects of Regional Trade Agreements (RTAs) are disputed. In this paper, we assess these effects using capital market data and an event-study approach, using a daily data set covering a thousand announcements spanning over eighty economies and a hundred RTAs over twenty recent years. We...
Persistent link: https://www.econbiz.de/10009293663
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The Internationalization Process of Firms: from Exports to FDI
Conconi, Paola; Sapir, André; Zanardi, Maurizio - C.E.P.R. Discussion Papers - 2013
This paper shows that uncertainty can lead firms to follow a gradual internationalization process. We describe a model in which firms are uncertain about their ability to earn profits in a foreign market and must decide whether or not to serve it, and whether to do so through exports or foreign...
Persistent link: https://www.econbiz.de/10011083883
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Assessing Market Failures in Export Pioneering Activities: A Structural Estimation Approach
Wei, Shang-Jin; Wei, Ziru; Xu, Jianhuan - C.E.P.R. Discussion Papers - 2014
The paper provides a first structural-estimation-based assessment of an influential hypothesis that export pioneers are too few relative to social optimum due to knowledge spillover in new market explorations. Such market failure requires two inequalities to hold simultaneously: the discovery...
Persistent link: https://www.econbiz.de/10011083901
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Comparative Advantage and Optimal Trade Policy
Costinot, Arnaud; Donaldson, Dave; Vogel, Jonathan; … - C.E.P.R. Discussion Papers - 2013
The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its implications for how nations should conduct their trade policy. For example, should import sectors with weaker comparative advantage be protected more? Conversely, should export sectors...
Persistent link: https://www.econbiz.de/10011083995