Showing 1 - 10 of 14
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...
Persistent link: https://www.econbiz.de/10010884636
Using detailed data on trade and tariffs from 1992-2007, we examine how the ASEAN Free Trade Agreement has affected trade with non-members and external tariffs facing non-members. First, we examine the effect of preferential and external tariff reduction on import growth from ASEAN insiders and...
Persistent link: https://www.econbiz.de/10010745301
This paper studies the impact of NAFTA on informality and real wages in Mexico. Using a dynamic industry model with … most productive firms, and an increase in real wages due to the increased labour demand by these firms. Using data on … import tariffs is related to an increase in real wages, and that the elimination of the U.S. import tariff has contributed to …
Persistent link: https://www.econbiz.de/10010746201
This paper reviews the theoretical and the empirical literature on regionalism. The formation of regional trade agreements has been, by far, the most popular form of reciprocal trade liberalization in the last fifteen years. The discriminatory character of these agreements has raised three main...
Persistent link: https://www.econbiz.de/10010746650
In the face of trade liberalization domestic firms are often forced out of the market, whereas others adapt and survive. In this paper we focus on a new channel of adaptation, namely the shift toward increased provision of services in lieu of goods production. We exploit variation in EU trade...
Persistent link: https://www.econbiz.de/10011126040
We examine the effect of regionalism on unilateral trade liberalization using industry-level data on applied MFN tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. We find that preferential tariff reduction in a given sector leads to a reduction in the external...
Persistent link: https://www.econbiz.de/10011071273
We examine the qualitative and quantitative predictions of a heterogeneous firm model à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We calibrate our model to the pre-trade liberalization stage, simulate the trade liberalization, and compute the...
Persistent link: https://www.econbiz.de/10011071519
age ten in the 1970 Cohort to predict later, economic outcomes, namely qualifications, employment and earnings. It is …
Persistent link: https://www.econbiz.de/10010745937
have been exaggerated. It is hard to find evidence of much displacement of UK workers or lower wages, on average … have experienced greater downward pressure on wages and greater competition for jobs than others, but these effects still …
Persistent link: https://www.econbiz.de/10011125963
much displacement of UK workers or lower wages, on average. Immigrants, especially in recent years, tend to be younger and …
Persistent link: https://www.econbiz.de/10011126637