Showing 1 - 10 of 362
Are Temporary Trade Barriers (TTBs) introduced for strategic reasons? To answer this question, we construct a novel sectoral measure of retaliation using daily bilateral data on TTB responses in 1220 subsectors across a panel of 25 advanced and emerging market economies over 1989-2019. Stylized...
Persistent link: https://www.econbiz.de/10015059447
This paper points out that while many developing countries seek to increase their export earnings, they have not embraced fully the notion that their own pattern of import protection hurts their export performance. The paper quantifies the extent to which import protection acts as a tax on a...
Persistent link: https://www.econbiz.de/10005599612
needed to develop some new capabilities and industries, trade protectionism is neither a necessary nor a sufficient tool and …
Persistent link: https://www.econbiz.de/10015058581
found to be responsible for 2/3 of the trade decline due to crisis protectionism, but their exports also absorbed 2/3 of …
Persistent link: https://www.econbiz.de/10009151205
This paper assesses the effects of reducing tariffs under the Doha Round on market access for developing countries. It shows that for many developing countries, actual preferential access is less generous than it appears because of low product coverage or complex rules of origin. Thus lowering...
Persistent link: https://www.econbiz.de/10005599383
Using two recently constructed measures of trade liberalization dates, this research studies the impact of trade liberalization on imports, exports, and overall trade balance for a large sample of developing countries. We find strong and consistent evidence that trade liberalization leads to...
Persistent link: https://www.econbiz.de/10005248278
We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The major component of trade barriers is explicitly modeled through the introduction of...
Persistent link: https://www.econbiz.de/10011242426
theory-consistent and narrative sign restrictions in Bayesian SVARs. We find mostly adverse consequences of protectionism, in …
Persistent link: https://www.econbiz.de/10015058747
One of the most important recent developments in international trade is the increasing interconnectedness of export production through a vertical trading chain network that streches across many countries, with each country specializing in particular stages of a good’s production. Using...
Persistent link: https://www.econbiz.de/10011242362
Trade liberalization leads to long-run gains, but it can also involve costly short-run macroeconomic adjustment. The paper explores the relative importance of these effects within a dynamic general equilibrium model that captures key elements of both international trade and macroeconomic models....
Persistent link: https://www.econbiz.de/10011242371