Showing 1 - 10 of 443
CEPA will eliminate tariff on goods that account for 94% of their two way trade over ten years and will boost bilateral … trade and investment. Indian exports which were subject to rigid standards will find it easier to enter Japanese markets. On … expected for both the countries compared to BAU 2020. A fair amount of trade creation within these two countries is expected to …
Persistent link: https://www.econbiz.de/10010732348
CEPA will eliminate tariff on goods that account for 94% of their two way trade over ten years and will boost bilateral … trade and investment. Indian exports which were subject to rigid standards will find it easier to enter Japanese markets. On … expected for both the countries compared to BAU 2020. A fair amount of trade creation within these two countries is expected to …
Persistent link: https://www.econbiz.de/10013060469
connectivity—resulting in low trade integration and regional connectivity within the region and with Southeast and East Asia …-regional integration under the Association of the Southeast Asian Nations (ASEAN) initiative and through participating in the East Asian … potential for economic integration between South and Southeast Asia leading to peace, prosperity and stability of these two …
Persistent link: https://www.econbiz.de/10010877840
Using annual bilateral data over the period 1988-2011 for a panel of 24 industrialised and emerging economies, we analyse in a time-varying framework the determinants of output synchronisation in EMU (European Monetary Union) distinguishing between core and peripheral member states. The results...
Persistent link: https://www.econbiz.de/10013083873
economic integration agreements' (EIAs') partial effects on trade flows far exceeds that explained simply by variation in depth …Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on … international trade flows, and the well-known -- and traditionally presumed exogenous -- “trade-cost elasticity” plays a central …
Persistent link: https://www.econbiz.de/10013014988
We use a quantitative model to study the implications of European integration for welfare and migration flows across 1 …,318 regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 1-2 percent on … average, depending on the presumed trade elasticity. However, remote regions may face initial welfare losses of up to 4 …
Persistent link: https://www.econbiz.de/10012963382
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … only directly but also indirectly through discipline. Using extensive data on international cartels, we find that trade …
Persistent link: https://www.econbiz.de/10012926563
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit …. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy … analysis and allows to obtain estimates and confidence intervals which are consistent with structural trade theory. Assuming …
Persistent link: https://www.econbiz.de/10012926575
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 bilateral trade flows for 130 country pairs across the Americas, Asia …
Persistent link: https://www.econbiz.de/10013156494
Recent work on the effects of currency unions (CUs) on trade stresses the importance of using many countries and years …
Persistent link: https://www.econbiz.de/10012954578