Showing 1 - 10 of 1,848
This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …
Persistent link: https://www.econbiz.de/10012533891
We quantify the effect of container technology on transport costs and trade by estimating the modal choice between … containerization and breakbulk shipping using micro-level trade data. The model is motivated by novel facts that relate container usage … trade increase since its inception: a quantitative exercise suggests that Turkish and U.S. maritime exports would have been …
Persistent link: https://www.econbiz.de/10011597265
past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify … ante trade frictions. The effects of new FTAs are similarly weaker for pairs with existing agreements already in place. In … addition, we are able to relate asymmetries in FTA effects to each country's ability to influence the other's terms of trade …
Persistent link: https://www.econbiz.de/10011560677
America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have …The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of … strong economic effects on Germany. In this paper, we put this trade policy initiative in its broader perspective. We argue …
Persistent link: https://www.econbiz.de/10010469280
, revealing that deepening existing agreements (the intensive margin of regional integration) could boost world trade by 5 percent …This paper explores the economic impacts of preferential trade agreements, conditional on their level of ambition. We … cluster 278 agreements, encompassing 910 provisions over 18 policy areas and estimate the trade elasticity for the different …
Persistent link: https://www.econbiz.de/10012801551
of the freeness-of-trade variable is ambiguous. Because the latter is an indicator for integration in the world markets …We study the effect of international trade and freeness of trade (openness) on interregional inequality within … on weighted trade shares and trade costs. In addition to the standard trade-to-GDP ratio, we derive and propose an …
Persistent link: https://www.econbiz.de/10010354797
Entrepôts are hubs that facilitate trade between various origins and destinations. We study the role these hubs, and … the networks they form, play in international trade. Using novel data, we trace the paths of containerized goods entering … the United States. We show that the majority of trade is indirect and sent through a small number of entrepôts, resulting …
Persistent link: https://www.econbiz.de/10012197550
Maritime transport has been historically susceptible to piracy. While broad assessments suggest the impact of modern piracy causes large economic losses, the literature lacks quantification of the magnitude of the costs and the behavioral responses that underpin them. Here, we combine theory and...
Persistent link: https://www.econbiz.de/10014521173
The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade … Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU … effects on trade flows by treating the agreement variable as endogenous. Our theoretical framework is the gravity model, and …
Persistent link: https://www.econbiz.de/10003763931
Persistent link: https://www.econbiz.de/10003457169