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Are Trade Preferences a Panacea? The African Growth and Opportunity Act and African Exports

Fernandes, Ana M. - 2019

countries. The illusion of sustained African apparel exports is created by late-bloomers in East Africa offsetting boom …-bust patterns in Southern Africa and insignificant responses in Central and West Africa. Firm-level customs data reveal that even in … East Africa the recent export growth was driven by new entrants rather than incumbent firms whose competitiveness might …

Persistent link: https://www.econbiz.de/10012866374

Trade Blocs and Trade Wars During the Interwar Period

Jacks, David S. - 2019

What precisely were the causes and consequences of the trade wars in the 1930s? Were there perhaps deeper forces at work in reorienting global trade prior to the outbreak of World War II? And what lessons may this particular historical episode provide for the present day? To answer these...

Persistent link: https://www.econbiz.de/10012866379

Exploring the intensive and extensive margins of world trade

Felbermayr, Gabriel J.; Kohler, Wilhelm K. - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...

Persistent link: https://www.econbiz.de/10010274453

Confucius Institute, Belt and Road Initiative, and Internationalization

Wang, Hao - 2020

In this paper, we study the role of Confucius Institute in supporting internationalization of Chinese enterprises. Employing a panel dataset containing 66 Belt-Road countries and 75 non Belt-Road countries from 2006 to 2017, we find that the Confucius Institute has had a positive effect on...

Persistent link: https://www.econbiz.de/10012826003

Substitutability and protectionism: Latin America's trade policy and imports from China and India

Facchini, Giovanni; Olarreaga, Marcelo; Silva, Peri; … - 2007

This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the protection for sale' model to allow for different...

Persistent link: https://www.econbiz.de/10010264092

Trade booms, trade busts, and trade costs

Jacks, David S.; Meissner, Christopher M.; Novy, Dennis - 2009

What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international trade flows. We construct a new balanced sample of...

Persistent link: https://www.econbiz.de/10010266049

An economic theory of foreign interventions and regime change

Bonfatti, Roberto - 2011

I construct a theory of foreign interventions in which the preferences of the foreign country over alternative local groups are determined by each group's international economic ties. In equilibrium, the foreign country supports the group with which it has the strongest ties, since this is most...

Persistent link: https://www.econbiz.de/10010274784

The deepening China Brazil economic relationship

Whalley, John; Medianu, Dana - 2010

We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply increased bilateral trade and foreign direct investment flows and also from enhanced cohesion of negotiating positions in international fora. Data presented show bilateral trade...

Persistent link: https://www.econbiz.de/10010274919

The rapidly deepening India-China economic relationship

Whalley, John; Shekhar, Tanmaya - 2010

In this paper we focus on the rapidly deepening bilateral India-China economic relationship. Each is deeply integrating into the global economy through trade and FDI inflows, China is seen as primarily manufacturing-lead growth with India as service-lead growth (see Rodrick & Subramanian...

Persistent link: https://www.econbiz.de/10010275020

What determines BITs?

Bergstrand, Jeffrey H.; Egger, Peter - 2011

Bilateral investment treaties (BITs) have proliferated over the past 50 years such that the number of pairs of countries with BITs is roughly as large as the number of country-pairs that belong to bilateral or regional preferential trade agreements (PTAs). The purpose of this study is to provide...

Persistent link: https://www.econbiz.de/10010277392