Showing 1 - 10 of 418
past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify … ante trade frictions. The effects of new FTAs are similarly weaker for pairs with existing agreements already in place. In … addition, we are able to relate asymmetries in FTA effects to each country's ability to influence the other's terms of trade …
Persistent link: https://www.econbiz.de/10012977471
normative aspects of international trade. Assuming “continuum-Pollak” preferences, the model allows for consistent aggregation … continuum-quadratic preferences, I explore the model's implications for the gains from trade, for the distribution of income … between wages and profits, and for production and trade patterns in a two-country world …
Persistent link: https://www.econbiz.de/10013000218
This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure … of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance …. This trade integration measure is consistent with a broad range of recent trade models including the Anderson and van …
Persistent link: https://www.econbiz.de/10012753160
– horizontal versus vertical – within the European Union and the relevance of trade integration as a potential determinant of … investment flows over the period 1995-2009. We capture trade integration by estimating the magnitude and evolution of the home … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …
Persistent link: https://www.econbiz.de/10013051267
We review recent research linking international trade to the environment, with a focus on new results and methods. The …-style approach to trade and the environment, its full potential has not yet been exploited. We discuss existing empirical and …
Persistent link: https://www.econbiz.de/10012979579
explore the general equilibrium impact of such trade-induced growth in the skill-intensive sector on informal sector wages and …
Persistent link: https://www.econbiz.de/10013017369
We develop a dynamic model of intermediate goods trade in which the pattern and the extent of intermediate goods trade … over time. We allow for endogenous markups and consider the effect of trade policy on both the intensive and extensive … margins. We show that either domestic or foreign trade liberalization reduces the range of exports and the range of domestic …
Persistent link: https://www.econbiz.de/10013001169
We offer a new explanation as to why international trade is so volatile in response to economic shocks. Our approach … combines the uncertainty shock idea of Bloom (2009) with a model of international trade, extending the idea to the open economy …, this response leads to a bigger contraction in international trade flows than in domestic economic activity. We confront …
Persistent link: https://www.econbiz.de/10013052023
This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an … integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral … trade agreements. The paper identifies also several questions for further research …
Persistent link: https://www.econbiz.de/10013316371
of subregional and bilateral trade agreements. This paper analyzes the recent trends and patterns and nature of regional … trade and cooperation agreements (RTCAs) in Asia and associated problems and prospects. It also attempts to understand the … for the emergence of new regional trade in blocs of several subregional groupings …
Persistent link: https://www.econbiz.de/10013317319