Showing 1 - 10 of 1,376
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
. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher …
Persistent link: https://www.econbiz.de/10011384454
equilibrium trade and welfare effects of uncertainty induced by the unexpected outcome of the Brexit referendum in 2016 and the …
Persistent link: https://www.econbiz.de/10013550200
This paper examines the impact of Brexit on international student migration. In a structural gravity model, we estimate … countries lose international students and non-EU countries host more than without Brexit. Our findings provide evidence that … there may be hidden costs to Brexit affecting global student exchanges that we have yet to see. …
Persistent link: https://www.econbiz.de/10014470430
empirical model which takes into account both that preferential trade agreement membership is endogenous and that the world …
Persistent link: https://www.econbiz.de/10008732241
America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have …
Persistent link: https://www.econbiz.de/10010469280
rest of the world relative to the status quo. However, there is substantial heterogeneity across the 134 geographical …
Persistent link: https://www.econbiz.de/10010469287
, revealing that deepening existing agreements (the intensive margin of regional integration) could boost world trade by 5 percent … and world GDP by 1 percent. The expected gains from deepening agreements within or across regions vary depending on the …
Persistent link: https://www.econbiz.de/10012801551
We study how domestic content requirements in Free Trade Areas (FTAs) affect market power and market structure in concentrated intermediate goods markets. We show that content requirements increase oligopolistic markups beyond the level that would obtain under an equivalent import tariff, and we...
Persistent link: https://www.econbiz.de/10012263368
This paper uncovers new stylized facts on the relation between economic integration and world trade prices. Using … export price data combined with data on 32 WTO (World Trade Organization) accessions by developing countries and hundreds of …
Persistent link: https://www.econbiz.de/10011846155