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This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...
Persistent link: https://www.econbiz.de/10004979401
We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply … international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil … rates suggest that China will become the dominant trade partner for Brazil surprisingly soon. …
Persistent link: https://www.econbiz.de/10008833874
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country … like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a ….05% lower in the year 2008 if China had not gained accession to the WTO in 2001. …
Persistent link: https://www.econbiz.de/10010540252
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to …
Persistent link: https://www.econbiz.de/10010540254
This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in … world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the …
Persistent link: https://www.econbiz.de/10005765925
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition in the service sector affects downstream manufacturing firms’ efficiency, via the inputs used. Using French micro-data for services, we calculate proxies for competition in...
Persistent link: https://www.econbiz.de/10008534010
The number of preferential trade agreements has greatly increased over the past two decades, yet most existing bilateral arrangements take the form of free trade areas, and less than ten percent can be considered to be fully fledged customs unions. This paper develops a political economy model...
Persistent link: https://www.econbiz.de/10005406001
This paper studies the evolution of trade freeness and of the agglomeration of production, as well as their relationship, at the sectoral level in a group of EU countries. Our main objective is to test at the sectoral level the conclusions of previous aggregate analyses which find that an...
Persistent link: https://www.econbiz.de/10010877933
, Europe, and Oceania for the period from 1870 to 2000 and demonstrate an overriding role for declining trade costs in the pre-World … War I trade boom. In contrast, for the post-World War II trade boom we identify changes in output as the dominant force …
Persistent link: https://www.econbiz.de/10005013944
Barriers to international trade are known to be large but due to data limitations it is hard to measure them directly for a large number of countries over many years. To address this problem I derive a micro-founded measure of bilateral trade costs that indirectly infers trade frictions from...
Persistent link: https://www.econbiz.de/10009351468