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Tariff Liberalization and Trade Integration of Emerging Countries
Luca d'Agliano, Centro Studi - 2013
We investigate how tariff liberalization has affected exporting in emerging countries. We use a highly disaggregated bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round and episodes of bilateral liberalization. Our...
Persistent link: https://www.econbiz.de/10013074397
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Agricultural Exports, Tariffs and Growth
Azarnert, Leonid V. - 2014
This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the product with a lower learning potential is lower than...
Persistent link: https://www.econbiz.de/10013059480
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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi; Mohaddes, Kamiar; Pesaran, M. Hashem - 2021
Venezuela), plus Indonesia which is a former member, and Mexico and Norway, which are members of the OECD. Overall, the test … income is established for six of the nine economies considered. The exceptions, Mexico and Norway, do not possess sufficient … reserves of Mexico and Norway are expected to last 9 and 10 years respectively, as compared to reserve-production ratios of …
Persistent link: https://www.econbiz.de/10013315924
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A Multivariate Long-Memory Model with Structural Breaks
Caporale, Guglielmo Maria; Gil-Alana, Luis A. - 2021
, employment and GDP in both the US and Mexico. For the subsample preceding the break our findings are similar to those of earlier … parameters being higher than 1 in the case of Mexico …
Persistent link: https://www.econbiz.de/10013317169
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Preferences, Rent Destruction and Multilateral Liberalisation : The Building Block Effect of CUSFTA
Ketterer, Tobias - 2012
If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can...
Persistent link: https://www.econbiz.de/10013098332
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Free Trade Agreements and the Consolidation of Democracy
Liu, Xuepeng - 2013
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...
Persistent link: https://www.econbiz.de/10013086606
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On the Bilateral Trade Effects of Free Trade Agreements between the EU-15 and the CEEC-4 Countries
Caporale, Guglielmo Maria - 2008
effect vector decomposition (FEVD) technique. Our estimation results indicate a positive and significant impact of FTAs on …
Persistent link: https://www.econbiz.de/10012769922
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On the Widely Differing Effects of Free Trade Agreements : Lessons from Twenty Years of Trade Integration
Baier, Scott L. - 2016
We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10012977471
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The Silent Success of Customs Unions
Gnutzmann, Hinnerk - 2016
While “mega FTAs” and WTO-driven efforts at multilateral liberalisation dominate the agenda, customs unions (CU) are the silent success story of regional integration. Throughout the world, CUs have been superseding earlier FTAs, as new unions were formed or old ones expanded. Due to problems...
Persistent link: https://www.econbiz.de/10012986938
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Tariffs, Trade and Productivity : A Quantitative Evaluation of Heterogeneous Firm Models
Breinlich, Holger - 2013
We examine the quantitative predictions of heterogeneous firm models à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity across a range of standard models and compare them to the...
Persistent link: https://www.econbiz.de/10013077449