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The not-so-generalized effects of the generalized system of preferences
Ornelas, Emanuel; Ritel, Marcos - 2018
We use an empirical gravity equation approach to study how nonreciprocal trade preferences (NRTPs), enacted mainly through the Generalized System of Preferences, affect the exports of the beneficiary nations. In line with existing studies, the average trade effect stemming from nonreciprocal...
Persistent link: https://www.econbiz.de/10011924652
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Politicized trade : what drives withdrawal of trade preferences?
Gassebner, Martin; Gnutzmann-Mkrtchyan, Arevik - 2017
While it is well understood that industrialized countries use aid to grant political favors, little research covers alternative channels such as trade policy towards developing countries. We analyze eligibility investigations and revoking of U.S. Generalized System of Preferences (GSP) benefits...
Persistent link: https://www.econbiz.de/10011761497
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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2013
This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on … equivalent income. These differences are illustrated using household-level panel data from Russia and Vietnam. -- Prospect Theory …
Persistent link: https://www.econbiz.de/10009700305
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Special and differential treatment for developing countries
Ornelas, Emanuel - 2016
Special and Differential Treatment for Developing Countries (SDT) constitutes a central feature of the GATT/WTO system. Its formal goal is to foster export-led growth in developing countries. Its theoretical foundations and empirical support are, however, weak at best. In particular, SDT...
Persistent link: https://www.econbiz.de/10011444497
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Estimating trade policy effects with structural gravity
Piermartini, Roberta; Yotov, Yoto V. - 2016
The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
Persistent link: https://www.econbiz.de/10011509468
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General equilibrium trade policy analysis with structural gravity
Larch, Mario; Yotov, Yoto V. - 2016
The objective of this manuscript is to serve as a practical guide for evaluation of the general equilibrium (GE) effects of trade policy using the structural gravity model. We try to achieve this objective in four steps. First, we focus on the original Armington-CES gravity model, as a...
Persistent link: https://www.econbiz.de/10011515400
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A simple method to quantify the ex-ante effects of "deep" trade liberalization and "hard" trade protection
Larch, Mario; Tan, Shawn W.; Yotov, Yoto - 2021
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
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Did COVID-19 cost Trump the election?
Lake, James; Nie, Jun - 2021
A common narrative is that COVID-19 cost Trump re-election. We do not find supporting evidence; if anything, the pandemic helped Trump. However, we find substantial evidence that voters abandoned Trump in counties with large increases in health insurance coverage since the Affordable Care Act,...
Persistent link: https://www.econbiz.de/10012421123
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Use and abuse of antidumping by global cartels
Gnutzmann-Mkrtchyan, Arevik; Hoffstadt, Martin - 2020
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy for anticompetitive purposes remains an open question in the literature. To address this gap, we construct a novel dataset that matches cartel investigations with trade data at...
Persistent link: https://www.econbiz.de/10012373130
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Did Trump's trade war impact the 2018 election?
Blanchard, Emily J.; Bown, Chad P.; Chor, Davin - 2020
We find that Republican candidates lost support in the 2018 congressional election in counties more exposed to trade retaliation, but saw no commensurate electoral gains from US tariff protection. The electoral losses were driven by retaliatory tariffs on agricultural products, and were only...
Persistent link: https://www.econbiz.de/10012293757