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Free trade agreements and the consolidation of democracy

Liu, Xuepeng; Ornelas, Emanuel - London School of Economics (LSE) - 2013

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...

Persistent link: https://www.econbiz.de/10010884636

Exchanging market access at the outsiders' expense: the case of customs unions

Ornelas, Emanuel - In: Canadian Journal of Economics 40 (2007) 1, pp. 207-224

Under a customs union, countries can exchange preferential market access by coordinating external tariffs to shift profits from excluded countries. I show that the exporting rents resulting from this coordination can offset trade diversion losses produced by the union, even if its members are...

Persistent link: https://www.econbiz.de/10005111473

Strengthening economic linkages between Leeds and Manchester: feasibility and implications (structural model appendix)

Mion, Giordano - London School of Economics (LSE) - 2009

This technical Appendix describes the structural model used as part of the Spatial Eco- nomic Research Centre's work for the Northern Way on linkages between the Manchester and Leeds City Regions. A summary of the research, as well as a full report of the findings, can be found on the web-sites...

Persistent link: https://www.econbiz.de/10010745058

The ASEAN Free Trade Agreement: impact on trade flows and external trade barriers

Calvo-Pardo, Hector; Freund, Caroline; Ornelas, Emanuel - London School of Economics (LSE) - 2009

Using detailed data on trade and tariffs from 1992-2007, we examine how the ASEAN Free Trade Agreement has affected trade with non-members and external tariffs facing non-members. First, we examine the effect of preferential and external tariff reduction on import growth from ASEAN insiders and...

Persistent link: https://www.econbiz.de/10010745301

Capital mobility and unemployment dynamics: evidence from a panel of OECD countries

Vallanti, Giovanna - London School of Economics (LSE) - 2005

We use a panel of 20 OECD countries over a 30-year period to estimate the implications of international capital mobility for unemployment. We find that the increase in capital flows since the mid1980s has contributed to an amplification of the impulse response of unemployment to country-specific...

Persistent link: https://www.econbiz.de/10010746365

Regional trade agreements

Freund, Caroline; Ornelas, Emanuel - London School of Economics (LSE) - 2009

This paper reviews the theoretical and the empirical literature on regionalism. The formation of regional trade agreements has been, by far, the most popular form of reciprocal trade liberalization in the last fifteen years. The discriminatory character of these agreements has raised three main...

Persistent link: https://www.econbiz.de/10010746650

Trade, wages and productivity

Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - London School of Economics (LSE) - 2009

-US interregional trade data, we structurally estimate a theory-based gravity equation system featuring endogenous wages and … Canada-US border on regional market aggregates such as wages, productivity, markups, the mass of varieties produced and …

Persistent link: https://www.econbiz.de/10011071191

Does regionalism affect trade liberalization towards non-members?

Estevadeordal, Antoni; Freund, Caroline; Ornelas, Emanuel - London School of Economics (LSE) - 2008

We examine the effect of regionalism on unilateral trade liberalization using industry-level data on applied MFN tariffs and bilateral preferences for ten Latin American countries from 1990 to 2001. We find that preferential tariff reduction in a given sector leads to a reduction in the external...

Persistent link: https://www.econbiz.de/10011071273

Productivity growth and employment: theory and panel estimates

Pissarides, Christopher; Vallanti, Giovanna - London School of Economics (LSE) - 2004

technology is embodied in new jobs. We estimate a model for employment, wages and investment with an annual panel for the United …Theoretical predictions of the effect of TFP growth on employment are ambiguous, and depend on the extent to which new … States, Japan and Europe and find that TFP growth increases employment. For the United States TFP growth explains the trend …

Persistent link: https://www.econbiz.de/10010928604