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The 'emulator effect' of the Uruguay round on US regionalism

Fugazza, Marco; Robert-Nicoud, Frédéric - London School of Economics (LSE) - 2010

Using a detailed data set at the tariff line level, we find an emulator effect of multilateralism on subsequent regional trade agreements involving the US. We exploit the variation in the frequency with which the US has granted immediate duty free access (IDA) to its Free Trade Area partners...

Persistent link: https://www.econbiz.de/10010746153

Trust-based trade

Araujo, Luis; Ornelas, Emanuel - London School of Economics (LSE) - 2007

exporters. Trade liberalization induces current exporters to increase their sales. It could induce entry as well, but this will …

Persistent link: https://www.econbiz.de/10010745456

International trade, minimum quality standards and the prisoners' dilemma

Petropoulou, Dimitra - London School of Economics (LSE) - 2008

Unilateral minimum quality standards are endogenously determined as the outcome of a non-cooperative standard-setting game between the governments of two countries. Cross-country externalities from the implementation of minimum quality standards are shown to give rise to a Prisoners' Dilemma...

Persistent link: https://www.econbiz.de/10010745944

Protection and international sourcing

Ornelas, Emanuel; Turner, John L. - London School of Economics (LSE) - 2008

We study the impact of import protection on relationship-specific investments, organizational choice and welfare. We show that a tariff on intermediate inputs can improve social welfare through mitigating hold-up problems. It does so if it discriminates in favor of the investing party, thereby...

Persistent link: https://www.econbiz.de/10010884590

Fear of floating and de facto exchange rate pegs with multiple key currencies

Plümper, Thomas; Neumayer, Eric - London School of Economics (LSE) - 2011

This paper adopts and develops the "fear of floating" theory to explain the decision to implement a de facto peg, the choice of anchor currency among multiple key currencies, and the role of central bank independence for these choices. We argue that since exchange rate depreciations are...

Persistent link: https://www.econbiz.de/10011125975

The roles of import competition and export opportunities for technical change

Steinwender, Claudia - London School of Economics (LSE) - 2015

A variety of empirical and theoretical trade papers have suggested and documented a positive impact of trade on the productivity of firms. However, there is less consensus about the underlying mechanism at work. While trade papers focus on access to export markets, other papers stress the...

Persistent link: https://www.econbiz.de/10011198538

The auto-component supply chain in China and India: a benchmark study

Sutton, John - London School of Economics (LSE) - 2004

The aim of this study is to examine the extent to which Chinese and Indian autocomponent producers have advanced towards international best practice levels of productivity and quality. The report is based on a survey of nine car manufacturers in China and six in India; a range of general...

Persistent link: https://www.econbiz.de/10010745200

The ASEAN Free Trade Agreement: impact on trade flows and external trade barriers

Calvo-Pardo, Hector; Freund, Caroline; Ornelas, Emanuel - London School of Economics (LSE) - 2009

preferential liberalization has led to lower import growth from non-members. Second, we examine the relationship between … preferential tariff reduction and MFN tariff reduction. We find that preferential liberalization tends to precede external tariff … liberalization. To examine whether this tariff complementarity is a result of simultaneous decision making, we use the scheduled …

Persistent link: https://www.econbiz.de/10010745301

When the claim hits: bilateral investment treaties and bounded rational learning

Poulsen, Lauge N. Skovgaard; Aisbett, Emma - London School of Economics (LSE) - 2013

Using the international investment regime as its point of departure, the paper applies notions of bounded rationality to the study of economic diplomacy. Through a multi-method approach, it shows that developing countries often ignored the risks of bilateral investment treaties (BITs) until they...

Persistent link: https://www.econbiz.de/10010745595

Regional trade agreements

Freund, Caroline; Ornelas, Emanuel - London School of Economics (LSE) - 2009

agreements has been, by far, the most popular form of reciprocal trade liberalization in the last fifteen years. The … interest groups would induce governments to form the most distortionary agreements; that broader external trade liberalization … stalled external liberalization have materialized, while the undermining of multilateralism has not been properly tested …

Persistent link: https://www.econbiz.de/10010746650