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Consequences of Brexit and options for a "global Britain"

Brakman, Steven; Garretsen, Harry; Kohl, Tristan - 2017 - This version: April 19, 2017

The United Kingdom has opted to leave the European Union. The trade and welfare consequences of this decision are large; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for new and ambitious trade agreements following Brexit,...

Persistent link: https://www.econbiz.de/10011646796

Somatic distance, cultural affinities, trust and trade

Mélitz, Jacques; Toubal, Farid - 2018

Somatic distance, or differences in physical appearance, proves to be extremely important in the gravity model of bilateral trade in conformity with results in other areas of economics and outside of it in the social sciences. This is also true quite independently of survey evidence about...

Persistent link: https://www.econbiz.de/10011847586

Contesting an international trade agreement

Cole, Matthew T.; Lake, James; Zissimos, Benjamin - 2018

lobbying and inherently protectionist government preferences. Moreover, new international political externalities emerge that …

Persistent link: https://www.econbiz.de/10011814580

Border effects without borders : what divides Japan's Internal Trade?

Wrona, Jens - 2018

This paper identifies a "border" effect in the absence of a border. The finding that trade between East- and West-Japan is 23.1 to 51.3 percent lower than trade within both country parts, is established despite the absence of an obvious east-west division due to historical borders, cultural...

Persistent link: https://www.econbiz.de/10011853219

Trade, trees, and contingent trade agreements

Harstad, Bård - 2022

Can trade agreements motivate environmental conservation? I first present a model whereby the government in the South expands its production capacity (e.g., deforest) before trading with the North. After deriving negative relationships between tariff reductions and conservation, I show how all...

Persistent link: https://www.econbiz.de/10012822104

China's overinvestment and international trade conflict

Schnabl, Gunther - 2019

For a long time, China’s impressive growth performance has been driven by investment and high productivity gains. Based on the recent discussion on possible overcapacities and overinvestment in China, the paper investigates the sustainability of China’s investment- and export-driven growth...

Persistent link: https://www.econbiz.de/10012016064

Putting Canada in the penalty box : trade and welfare effects of eliminating NAFTA

Baier, Scott L.; Bergstrand, Jeffrey H.; Bruno, John P. - 2019

international trade is the use of quantitative trade models to estimate the economic welfare losses from dissolutions of major … use state-of-the-art econometric methodology to estimate the partial (average treatment) effects on international trade … simulations will illustrate the important influence of trade costs - international and intranational - in contributing to the …

Persistent link: https://www.econbiz.de/10012026353

Bilateral trade imbalances

Cuñat, Alejandro; Zymek, Robert - 2019

Bilateral trade imbalances are determined by aggregate trade imbalances, production and expenditure patterns, and trade barriers. We calibrate a dynamic many-sector trade model to match the recent sectoral trade and production shares of 40 economies and the rest of the world. Through a variance...

Persistent link: https://www.econbiz.de/10012064397

The Brexit conundrum worsens the UK's relationship with the European Union

Ryan, John T. - 2019

This paper examines the shortcomings in the UK government's Brexit negotiation strategy which reflected Prime Minister Theresa May's weak political leadership. The Prime Minister focused on securing the short-term political survival of her government amidst turbulent and fractious domestic...

Persistent link: https://www.econbiz.de/10012065056

The implications of the new Silk Road railways on local development

Fang, Ling; Kleimann, Martin; Li, Yuan; Schmerer, Hans-Jörg - 2019

This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal transport volumes. The recent Belt and Road Initiative provides an experiment that can be evaluated using matching econometrics. Our results show that the establishment of a new...

Persistent link: https://www.econbiz.de/10012118650