Showing 1 - 10 of 2,649
This paper presents a new model of the domino effect which is used to generate an empirical index of how "contagious" FTAs are with respect to third nations. We test our contagion hypothesis together with alternative specifications of interdependence and other political, economical and...
Persistent link: https://www.econbiz.de/10012462571
perform in a world where offshoring is prevalent? In this paper we provide answers to these questions, and thereby initiate … trade policy choices of governments in an environment in which some trade flows involve the exchange of customized inputs … environment, and by comparing these differences to those that would arise in the absence of offshoring of customized inputs, we …
Persistent link: https://www.econbiz.de/10012464361
about the purpose of a trade agreement in a pre-digital model world economy, and how this purpose can be seen to be … services respectively. Finally, I introduce digital trade into the model world economy and revisit the purpose of a trade …
Persistent link: https://www.econbiz.de/10012794606
Formal economic analysis of trade agreements typically treats disputes as synonymous with concerns about enforcement. But in reality, most WTO disputes involve disagreements of interpretation concerning the agreement, or instances where the agreement is simply silent. And some have suggested...
Persistent link: https://www.econbiz.de/10012464579
There are often conflicts between proponents of trade and environmental activists. This paper shows, however, how trade agreements can be designed so as to motivate environmental conservation. I first analyze a standard trade model, where resource exploitation (e.g., deforestation) is a...
Persistent link: https://www.econbiz.de/10014544671
preferential trade agreements (PTAs) and their place in the world trade system. Taking a multilateralist perspective, it makes …
Persistent link: https://www.econbiz.de/10012460818
We provide theoretical and empirical evidence that policy uncertainty can significantly affect firm level investment and entry decisions in the context of international trade. When market entry costs are sunk, policy uncertainty can create a real option value of waiting to enter foreign markets...
Persistent link: https://www.econbiz.de/10012460868
Empirical scholarship on the standards-trade relationship has been held up due to methodological challenges: measurement, varied effects, and endogeneity. Considering the trade-effects of one particular standard (ISO 9000), we surmount methodological challenges by measuring standardization via...
Persistent link: https://www.econbiz.de/10012460527
Persistent link: https://www.econbiz.de/10000349256
, forms and possible impacts of each variant. We also speculate as to how the world trading system may evolve in the next few …
Persistent link: https://www.econbiz.de/10012464216