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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
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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
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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
The Brazil-Taxation dispute concerns the complaints taken to the World Trade Organisation by the European Union and Japan against seven different Brazilian industrial subsidy programmes. One concerned the automotive sector and represents a clear case of policies dictated by strong domestic...
Persistent link: https://www.econbiz.de/10012119943
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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
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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
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Substitutability and protectionism : Latin America's trade policy and imports from China and India
Facchini, Giovanni; Olarreaga, Marcelo; Silva, Peri; … - 2007
Persistent link: https://www.econbiz.de/10003496675
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All these worlds are yours, except India : the effectiveness of export subsidies in Nepal
Defever, Fabrice; Reyes, José-Daniel; Riaño, Alejandro; … - 2017 - This version: March 16, 2017
subsidy is available to firms exporting a select group of products, and requires firms to export to countries other than India … India and the number of destination markets reached among firms that receive the subsidy. These results are consistent with … countries other than India. The findings suggest that although the cash subsidy has not produced a significant increase in …
Persistent link: https://www.econbiz.de/10011638261
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Estimating border effects : the impact of spatial aggregation
Coughlin, Cletus Charles; Novy, Dennis - 2016
Trade data are typically reported at the level of regions or countries and are therefore aggregates across space. In this paper, we investigate the sensitivity of standard gravity estimation to spatial aggregation. We build a model in which initially symmetric micro regions are combined to form...
Persistent link: https://www.econbiz.de/10011458028
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Macroeconomic effects of disruptions in global food commodity markets : evidence for the United States
De Winne, Jasmien; Peersman, Gert - 2016
We use two approaches to examine the macroeconomic consequences of disruptions in global food commodity markets. First, we embed a novel quarterly composite global production index for the four basic staples (corn, wheat, rice and soybeans) in a standard vector autoregression (VAR) model, and we...
Persistent link: https://www.econbiz.de/10011565633
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Trade policy uncertainty and exports : evidence from China's WTO accession
Feng, Ling; Li, Zhiyuan; Swenson, Deborah - 2014
To understand the effects of trade policy uncertainty on firm-level export decisions, we study firm-product data on Chinese exports to the U.S. in the years surrounding China's 2001 WTO accession. Following predictions based on a model of heterogeneous firms, we provide empirical evidence that...
Persistent link: https://www.econbiz.de/10010349885