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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 role in computing general equilibrium trade-flow and...
Persistent link: https://www.econbiz.de/10011309578
Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....
Persistent link: https://www.econbiz.de/10010212649
production networks. In the 1970-80ś, South Asia stagnated due to its inward-oriented growth strategy and lack of infrastructure … connectivity-resulting in low trade integration and regional connectivity within the region and with Southeast and East Asia …. However, since 1991, South Asia, particularly India has adopted a "Look East" policy and opened its market raising huge …
Persistent link: https://www.econbiz.de/10009540111
We use a unique case study to estimate the effect of withdrawing from a free trade agreement on international trade. Lately, the political opposition to international economic cooperation has been on the rise, but little is known about how the withdrawal from a trade agreement affects trade. We...
Persistent link: https://www.econbiz.de/10012421152
Three years ago, very few economists would have imagined that one of the newest and fastest growing research areas in international trade is the use of quantitative trade models to estimate the economic welfare losses from dissolutions of major countries' economic integration agreements (EIAs)....
Persistent link: https://www.econbiz.de/10012026353
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Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The 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...
Persistent link: https://www.econbiz.de/10010227205
Southeast Asia. In view of slowdown in growth and even recession in advanced economies as a result of the adverse impact of the … toward rising middle class of Asia. To successfully implement the new initiative of "Make in India", India needs to be …
Persistent link: https://www.econbiz.de/10011387468
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