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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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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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The KOF Globalisation Index : revisited
Gygli, Savina; Haelg, Florian; Potrafke, Niklas; Sturm, … - 2018
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006) and updated in Dreher et al. (2008). This second...
Persistent link: https://www.econbiz.de/10011954444
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A spatial analysis of inward FDI and rural-urban wage inequality : evidence from China
Wang, Hao; Fidrmuc, Jan; Luo, Qi - 2020
When investigating the relationship between inward FDI and rural-urban inequality, previous studies overlook the inter-regional interactions. Building on the literature that highlights the significant role of rural-urban migration in inequality, this article investigates spatial spillover effect...
Persistent link: https://www.econbiz.de/10012211131
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The dynamics of outsourcing : from labor cost-saving to preference-based outsourcing
Cheng, Wan-jung; Riezman, Raymond Glenn; Wang, Ping - 2020
Ronald W. Jones (2000) celebrated book has inspired a generation of work that has been devoted to understanding the causes and consequences of outsourcing. While much of this work has focused on the outsourcing versus domestic production decision of the firm with labor cost-saving as the key...
Persistent link: https://www.econbiz.de/10012211546
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Growing like Germany : local public debt, local banks, low private investment
Hoffmann, Mathias; Stewen, Iryna; Stiefel, Michael - 2021
Using a firm-bank panel of more than 1m German firms over 2010-2016, we document that local public bank lending to municipalities crowds out private investment. Our results show how crowding out can happen in a developed economy characterized by low interest rates and fiscal austerity. Our...
Persistent link: https://www.econbiz.de/10012796947
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The dynamic implications of liberalizing global migration
Delogu, Marco; Docquier, Frédéric; Machado, Joël - 2014
of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases by … and the liberalization path has stochastic dominance over the Baseline-As-Usual. These results are very robust to our …
Persistent link: https://www.econbiz.de/10010235847
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Revisiting the relationship between trade liberalization and taxation
Arezki, Rabah; Dama, Alou Adessé; Graziosi, Grégoire Rota - 2021
This paper explores the dynamic effects of trade liberalization on tax revenue using a worldwide panel dataset. Results … point to statistically significant negative effect of liberalization on (non- resource) tax revenues in the short term and … no significant effect in the medium term. Liberalization also alter the tax structure tilting revenues toward indirect …
Persistent link: https://www.econbiz.de/10012603019
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Regulation, financial crises, and liberalization traps
Marchionne, Francesco; Pisicoli, Beniamino; Fratianni, … - 2019
severely regulated. We identify the latter two groups as falling in "liberalization traps". Institutional quality interacts …
Persistent link: https://www.econbiz.de/10012030889