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The Customs Union issue: Why do we observe so few of them?
Facchini, Giovanni; Silva, Peri; Willmann, Gerald - C.E.P.R. Discussion Papers - 2012
elected to determine the tariffs to be applied on imported goods. Under a customs union, the necessity to coordinate tariffs … imply that free trade areas increase the prospective member countries' welfare compared to customs unions. Moreover, the …
Persistent link: https://www.econbiz.de/10011084061
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Rules of Origin for Preferential Trading Arrangements: Implications for AFTA of EU and US Regimes
Cadot, Olivier; de Melo, Jaime; Portugal-Pérez, Alberto - C.E.P.R. Discussion Papers - 2006
With FTAs under negotiation between Japan and AFTA members and between Korea and AFTA members, preferential market access will become more important in Asian regionalism. Protectionist pressures will likely rise with Rules of Origin (RoO), the natural outlet for these pressures. Based on the...
Persistent link: https://www.econbiz.de/10005789126
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Deep Integration, Non-Discrimination and Euro-Mediterranean Free Trade
Hoekman, Bernard; Konan, Denise - C.E.P.R. Discussion Papers - 1999
that the static welfare impact of a deep FTA is a multiple of what can be obtained from a classic "shallow" agreement; in … some scenarios welfare may increase by more than 10 percent of GDP, compared to close to zero under a shallow agreement. …
Persistent link: https://www.econbiz.de/10005792240
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The Clash of Liberalizations: Preferential vs. Multilateral Trade Liberalization in the European Union
Karacaovali, Baybars; Limão, Nuno - C.E.P.R. Discussion Papers - 2005
a common external tariff and allow for internal transfers. Next, we use detailed data on product-level tariffs …
Persistent link: https://www.econbiz.de/10005792430
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Why OECD Countries should Reform Rules of Origin
Cadot, Olivier; de Melo, Jaime - C.E.P.R. Discussion Papers - 2007
With preferential trading Agreements (PTAs) on the rise worldwide with multiple memberships, rules of origin-- which are necessary to prevent trade deflection --are attracting increasing attention. At the same time, preference erosion for GSP recipients is threatening the viability of the...
Persistent link: https://www.econbiz.de/10005124158
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Preferential Trade Agreements as Stumbling Blocks for Multilateral Trade Liberalization: Evidence for the US
Limão, Nuno - C.E.P.R. Discussion Papers - 2005
Most countries are members of preferential trade agreements (PTAs). The effect of these agreements has attracted much interest and raised the question of whether PTAs promote or slow down multilateral trade liberalization, i.e. whether they are a ‘building block’ or a ‘stumbling block’...
Persistent link: https://www.econbiz.de/10005504231
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Trade Preferences to Small Developing Countries and the Welfare Costs of Lost Multilateral Liberalization
Limão, Nuno; Olarreaga, Marcelo - C.E.P.R. Discussion Papers - 2005
welfare costs. To avoid this stumbling block effect we suggest replacing unilateral preferences by a fixed import subsidy. We …. More importantly, we provide the first estimates of the welfare cost of preferential liberalization as a stumbling block to … and over 5,000 products we calculate the welfare effects of the United States, European Union and Japan switching from …
Persistent link: https://www.econbiz.de/10005666535
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Protection and International Sourcing
Ornelas, Emanuel; Turner, John L. - C.E.P.R. Discussion Papers - 2010
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 …
Persistent link: https://www.econbiz.de/10008680752
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Trade Liberalisation and Poverty: What have we learned in a decade?
Martuscelli, Antonio; Winters, L. Alan - C.E.P.R. Discussion Papers - 2014
This paper reviews key recent literature on the effects of trade liberalisation on poverty in developing countries and asks whether our knowledge has changed significantly over a decade. The conclusion that liberalisation generally boosts income and thus reduces poverty has not changed; some...
Persistent link: https://www.econbiz.de/10011171782
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Market Access in Global and Regional Trade
de Sousa, José; Mayer, Thierry; Zignago, Soledad - C.E.P.R. Discussion Papers - 2012
protection implied when crossing a border fell from 180 to 89\% for this same sample. While tariffs still have an influence on …
Persistent link: https://www.econbiz.de/10011083529