Showing 1 - 10 of 1,109
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...
Persistent link: https://www.econbiz.de/10013316371
The proposed Transatlantic Trade and Investment Partnership (TTIP) is the most significant trade policy initiative … since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics … estimated general equilibrium trade model. Assuming that the TTIP will reduce transatlantic trade costs by as much as existing …
Persistent link: https://www.econbiz.de/10013044668
and Investment Partnership (TTIP). We use a multi-country, multi-industry Ricardian trade model with national and … flow elasticities of trade costs and of existing PTAs. We simulate the trade, value added, and welfare effects of the TTIP … rest of the world relative to the status quo. However, there is substantial heterogeneity across the 134 geographical …
Persistent link: https://www.econbiz.de/10013030303
. Even with the same agreement, FTA effects are weaker for more distant pairs and for pairs with otherwise high levels of ex … addition, we are able to relate asymmetries in FTA effects to each country's ability to influence the other's terms of trade … between any pair of countries. A simulation of the general equilibrium effects of TTIP demonstrates the importance of our …
Persistent link: https://www.econbiz.de/10012977471
Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high …
Persistent link: https://www.econbiz.de/10013317319
The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of … America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have …-state dispute settlement and argue that the TTIP will have discriminatory effects on at least some third countries. However …
Persistent link: https://www.econbiz.de/10013030304
Rising current account and merchandise trade imbalances marked the years before the global financial and economic crisis. These imbalances either contributed to or precipitated the crisis and to the extent that they create systemic risks, it is desirable that they be reduced. There are many...
Persistent link: https://www.econbiz.de/10013315818
FTAs. Hence, greater democratic instability induces governments to boost their FTA commitments. In a dataset with 116 …
Persistent link: https://www.econbiz.de/10013086606
world regions experience small reductions of GDP due to trade diversion effects …
Persistent link: https://www.econbiz.de/10013078966
We address the trade effect of restrictive product standards on the margins of trade, by matching a detailed panel of French firm exports with a new database compiling the list of Sanitary and Phyto-Sanitary regulatory measures that have been raised as a concern in dedicated committees of the...
Persistent link: https://www.econbiz.de/10013083875