Showing 1 - 10 of 71
elimination, through WTO bindings, adds a further two layers, boosting both imports and exports more than equivalent unilateral … effects are sizable. The WTO Information Technology Agreement's (ITA) unique setting allows us to overcome the challenges … reforms. This commitment spurned development of a downstream IT export sector in "passive" signatories. …
Persistent link: https://www.econbiz.de/10011882479
This paper shows that governments have no incentive to introduce non-tariff barriers when they are free to set tariffs but they do when tariffs are determined cooperatively. We then show three results. First, with trade liberalization, there is a progression from u sing tariffs only to quotas,...
Persistent link: https://www.econbiz.de/10009781528
The global success of online search engines and social media is due to their free access and high level of quality. However, these features are supported by a business model that exploits personal user data to provide targeted advertising services to third parties. Does this business model...
Persistent link: https://www.econbiz.de/10014310060
reduce industry-level exports by cutting domestic production. We show that this export destruction mechanism reduced US … export growth following the permanent normalization of trade relations with China (PNTR). But there was also an offsetting … declined in the most exposed industries because of the export destruction effect. On aggregate, the US and China both gain from …
Persistent link: https://www.econbiz.de/10012817913
-market price spreads. This is relevant for liquefied natural gas (LNG) exports. LNG transportation capacity is limited in the short … capture part of the price spread. We proceed to develop a method to value LNG exports under conditions of endogenous … value of LNG exports from the US to Japan. Our analysis shows that when transportation costs are correctly treated as …
Persistent link: https://www.econbiz.de/10010483579
We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and the "hard" effects of protection with the empirical structural gravity model. Specifically, we argue that the difference between the estimates of border indicator variables for...
Persistent link: https://www.econbiz.de/10012599928
Using data from the World Uncertainty, World Trade Uncertainty, and World Pandemic Uncertainty indices for 142 … countries, this paper introduces three new indicators for measuring uncertainty in Turkey's export markets from the first … quarter of 1996 to the first quarter of 2020. The indicators measure uncertainty in Turkey's export destinations. After …
Persistent link: https://www.econbiz.de/10012240442
Traditional international trade models explain comparative advantage and describe aggregate gains for a country from trade and from terms-of-trade improvement but do not address the politics of international trade policy. A positive or predictive model that studies the politics of trade policy...
Persistent link: https://www.econbiz.de/10011646904
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10011450834
We study the effect of subsidies subject to export share requirements (ESR) | that is, conditioned on a firm exporting … at least a given fraction of its output - on exports, the intensity of competition and welfare, through the lens of a two …-country model of trade with heterogeneous firms. Our calibrated model suggests that this type of subsidy boosts exports more and …
Persistent link: https://www.econbiz.de/10011481288