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guarantees in Germany. Covering the default risk of exporters' foreign customers, the policy is supposed to enable funding of …
Persistent link: https://www.econbiz.de/10009580766
-stage estimation strategy to properly account for multilateral resistance terms. We find that, on average, sanctions lead to a …
Persistent link: https://www.econbiz.de/10013453715
WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs ceilings, i.e. tariff rates that no exporter may ever actually be confronted with, generate market access? The answer to this question relates to the effects of tariff bindings on...
Persistent link: https://www.econbiz.de/10003910492
We build on the latest developments in the structural gravity literature to quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the...
Persistent link: https://www.econbiz.de/10012287974