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When two countries conclude a free trade agreement (FTA), they define rules of origin (RoOs) to determine whether a product is eligible for preferential treatment. RoOs exist to avoid that exports from third countries enter the FTA through the member with the lowest tariff (trade deflection)....
Persistent link: https://www.econbiz.de/10011804185
Exploiting changes in the geography of economic integration in Europe, this paper uses detailed bilateral trade data for 50 sectors to carry out an econometric ex post evaluation of the trade cost effects of the United Kingdom's various arrangements with the European Union. The analysis reveals...
Persistent link: https://www.econbiz.de/10011933707
This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model, featuring multiple sectors, input-output linkages, services...
Persistent link: https://www.econbiz.de/10011903006
We build on the latest developments in the structural gravity literature to quantify the partial and general …
Persistent link: https://www.econbiz.de/10012287974
(2002) argue that the canonical gravity model of trade fails when confronted with bilateral trade balances data, dubbing … gravity literature, we demonstrate that the workhorse international trade model actually performs well in explaining bilateral … perform several general equilibrium experiments within the same structural gravity framework to show that free trade …
Persistent link: https://www.econbiz.de/10012064371
and welfare. We make use of the rich dimensionality of our data and of the latest developments in the structural gravity …
Persistent link: https://www.econbiz.de/10012031035
growth in manufacturing world trade along these two margins. We propose a "cornersolutions- version"of the gravity model to …
Persistent link: https://www.econbiz.de/10011450770
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 strong economic effects on Germany. In this paper, we...
Persistent link: https://www.econbiz.de/10010469280
quantification based on countries observed degrees of openness, tariff revenues, and on the gravity elasticities of tariffs and … reduction of iceberg trade costs. -- gravity equation ; monopolistic competition ; heterogeneous firms ; Armington model …
Persistent link: https://www.econbiz.de/10009724020
This paper introduces the third update/release of the Global Sanctions Data Base (GSDB-R3). The GSDB-R3 extends the period of coverage from 1950-2019 to 1950-2022, which includes two special periods - COVID-19 and the war between Russia and Ukraine. The new update of the GSDB contains a total of...
Persistent link: https://www.econbiz.de/10013455750