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motley assortment of regional trade agreements is not the best way to organise world trade. Moving to global duty-free trade … and uses it to structure a narrative of world trade liberalisation since 1947. The logic is then used to project the world …
Persistent link: https://www.econbiz.de/10012778295
We review the growing literature on the effects of antidumping, a trade policy that has emerged as the most serious impediment to international trade. Over the past 25 years countries have increasingly turned to antidumping in order to offer protection to import-competing industries. Antidumping...
Persistent link: https://www.econbiz.de/10013311625
yield gains range from 65% for GE cotton to 12.4% for soybeans and appear to be higher in the developing world than in …
Persistent link: https://www.econbiz.de/10013038332
We contribute to the debate on the macroeconomic effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key country characteristics, such as the level of development, exchange rate regime, openness to trade, and public indebtedness. Based on a...
Persistent link: https://www.econbiz.de/10013136746
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/10013066003
This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical … increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …
Persistent link: https://www.econbiz.de/10013070430
In this paper we consider a home government with political pressure to restrict trade, at the expense of foreigners. The foreign country is compensated with an income transfer, which can be thought of as a portion of the tariff revenues or quota rents. In this setting the two countries should...
Persistent link: https://www.econbiz.de/10012760276
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose equilibrium reflects national institutions. Thus, the structure of tariffs across industries provides insights into how institutions, as reflected in tariff policies, affect long-term...
Persistent link: https://www.econbiz.de/10012761657
a counterfactual world without trade frictions in manufactures. Removing these trade frictions goes a long way toward …
Persistent link: https://www.econbiz.de/10013010717
innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … of openness on innovation incentives and productivity growth. Finally, our model predicts that a more globalized world …
Persistent link: https://www.econbiz.de/10012920880