Showing 1 - 10 of 29
This paper addresses the final steps to global free trade – what they might look like, what sort of political economy … 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 …
Persistent link: https://www.econbiz.de/10005067492
is strong evidence that trade liberalization promotes growth by boosting investment in physical capital. Because European … integration has substantially liberalized European trade, we conclude that it has promoted European growth. We find much less … econometric support for trade-induced technology-led growth. Nonetheless cross-country data reveals a rough correlation between …
Persistent link: https://www.econbiz.de/10005666784
the currency union trade effect as an example. We generalize Anderson-Van Wincoop’s multilateral trade resistance factor …-varying country dummies with omitted determinants of bilateral trade being dealt with by time-invariant pair dummies. …
Persistent link: https://www.econbiz.de/10005791995
Many studies have found a positive correlation between trade and growth, but do not attempt to identify the economic … mechanisms involved. This paper attempts to identify one of the mechanisms linking trade and growth. In particular, we present a … novel theoretical model that establishes a link between trade liberalization and investment-led growth. Estimating equations …
Persistent link: https://www.econbiz.de/10005504451
the early trade and growth models. The approach - inspired by Tobin's q - is merely a change of state variables and re … include trade barriers. The latter allows study of incremental policy reform rather than mere shifts from autarky to free … trade (or small deviations from free trade) as in the early literature. …
Persistent link: https://www.econbiz.de/10005114480
prohibitive trade barriers, the symmetric equilibrium is unstable as long as workers’ discount rates are not too high. It also …
Persistent link: https://www.econbiz.de/10005661988
Persistent link: https://www.econbiz.de/10012649658
This Paper considers tax competition and tax harmonization in the presence of agglomeration forces and falling trade …
Persistent link: https://www.econbiz.de/10005136579
This paper examines the role of the burden of proof (BoP) in National Treatment (NT) disputes under trade agreements …
Persistent link: https://www.econbiz.de/10005025513
It is often alleged that PTAs involving the EC and the US include a significant number of obligations in areas not currently covered by the WTO Agreement, such as investment protection, competition policy, labour standards and environmental protection. The primary purpose of this study is...
Persistent link: https://www.econbiz.de/10005025516