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We estimate the effects of trade facilitation on export diversification, as measured by two extensive margins: the number of products exported by destination and the number of export destinations served by product. To address the issue of causality, we employ an identification strategy whereby...
Persistent link: https://www.econbiz.de/10011374065
In international relations, short-run incentives for non-cooperation often dominate. Yet, (external) institutions for enforcing cooperation are hampered by national sovereignty, supposedly strengthening the role of selfenforcing mechanisms. This paper examines their scope with a focus on...
Persistent link: https://www.econbiz.de/10011374353
1. Historical context: First Globalization, British Empire, effects on the colonies, Industrial revolution in Britain, Deindustrialization in Bengal, slave trade -- 2. New Globalization starts with the abolition of the Soviet Union in 1991. WTO in 1995, impacts on Yugoslavia, Brazil, India....
Persistent link: https://www.econbiz.de/10012615688
In the past few decades China has put substantial efforts into liberalising its trade and economy that accelerated after its accession to the World Trade Organisation (WTO) in December 2001. In this period China has significantly reduced its tariffs on manufacturing imports. However, the...
Persistent link: https://www.econbiz.de/10011924867
This book examines the need for greater legal coherence within international trade negotiations between the European Union (EU) and external trade relations. An introspective analysis of EU trade law and policy is presented that highlights the complex issue of EU unity. A particular focus is...
Persistent link: https://www.econbiz.de/10013386109
We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is...
Persistent link: https://www.econbiz.de/10014335080
Persistent link: https://www.econbiz.de/10011283042
Against the background of a changing landscape of trade and investment governance in the 21st century, characterised by the proliferation of deep preferential trade agreements (PTAs), this paper econometrically tests the importance of global value chain trade and regulatory differences in...
Persistent link: https://www.econbiz.de/10011374060