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Reopening Pandora's box in search of a WTO-compatible industrial policy? : the Brazil - taxation dispute

Ornelas, Emanuel; Puccio, Laura - 2019

under the GATT and could have some discriminatory elements without violating the National Treatment disciplines. Furthermore …

Persistent link: https://www.econbiz.de/10012119943

Determinants of global value chain participation : cross-country evidence

Fernandes, Ana Margarida; Kee, Hiau Looi; Winkler, Deborah - 2020

The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...

Persistent link: https://www.econbiz.de/10012213059

Gravity-model estimation with time-interval data : revisiting the impact of free trade agreements

Egger, Peter; Larch, Mario; Yotov, Yoto - 2020

We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing dynamic-adjustment effects. Our analysis reveals...

Persistent link: https://www.econbiz.de/10012287795

Trade policy along the global value chain : a rationale for the existence of deep trade agreements

Egger, Hartmut; Fischer-Thöne, Christian - 2022

This paper sets up a model of trade, in which two countries with differing levels of technology specialize in the production of sub-stages of the global value chain. In the open economy, the technologically backward country exports intermediates in exchange for imports of a homogeneous...

Persistent link: https://www.econbiz.de/10013465726

Merger policy in a quantitative model of international trade

Breinlich, Holger; Nocke, Volker; Schutz, Nicolas - 2016

In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model...

Persistent link: https://www.econbiz.de/10011481156

Estimating the trade and welfare effects of brexit : a panel data structural gravity model

Oberhofer, Harald; Pfaffermayr, Michael - 2017

This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...

Persistent link: https://www.econbiz.de/10011781959

International trade in general oligopolistic equilibrium

Neary, J. Peter - 2015

This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming "continuum-Pollak" preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a small...

Persistent link: https://www.econbiz.de/10011406571

WTO membership and the shift to consumption taxes

Büttner, Thiess; Madzharova, Boryana - 2016

Using a panel of 97 mostly developing and transitional countries for the period 1990-2011, this paper explores fiscal implications of membership in the World Trade Organization (WTO). Em-ploying robust difference-in-difference specifications as well as semi-parametric methods, we find that...

Persistent link: https://www.econbiz.de/10011522137

On the heterogeneous trade and welfare effects of GATT/WTO membership

Felbermayr, Gabriel; Larch, Mario; Yalçin, Erdal; … - 2020

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 average impact of GATT/WTO membership on trade among member counties is … general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small …

Persistent link: https://www.econbiz.de/10012287974

CO2 embedded in trade : trends and fossil fuel drivers

Weber, Sylvain; Gerlagh, Reyer; Mathys, Nicole A.; … - 2019

The amount of CO2 embedded in trade has substantially increased over the last decades. We study the trends and some drivers of the carbon content of trade over the period 1995-2009. Our main findings are the following. First, the mix of traded goods tends to have higher emission intensity than...

Persistent link: https://www.econbiz.de/10011987069

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