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Trade, education, and the shrinking middle class
Blanchard, Emily; Willmann, Gerald - 2013
We develop a new model of trade in which educational institutions drive comparative advantage and determine the distribution of human capital within and across countries. Our framework exploits a multiplicity of sectors and the continuous support of human capital choices to demonstrate that...
Persistent link: https://www.econbiz.de/10010292731
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The euro's trade effect under cross-sectional heterogeneity and stochastic resistance
Herwartz, Helmut; Weber, Henning - 2010
This paper investigates if the euro's effect on euro-area trade differs across trade sectors and across country pairs, and to what degree heterogeneity matters for estimating the aggregate euro effect. Time-varying latent variables, which are specific to each sector in each country pair, control...
Persistent link: https://www.econbiz.de/10010270031
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Why a market place must not discriminate: The case against a US-EU free trade agreement
Langhammer, Rolf J. - 2008
The paper discusses the pros and cons of a Transatlantic free trade area (TAFTA) against the concept of an informal trade-facilitating marketplace between Europe and the US. It finds considerably more cons expecially since TAFTA would be expected to have ever more discriminatory effects to the...
Persistent link: https://www.econbiz.de/10010273097
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The impact of regionalism on the multilateral trading order: French tariff bargaining in the Uruguay Round
Piazolo, Daniel - 1995
This paper analyzes the GATT negotiations during the Uruguay Round and shows that France was induced to accept a more free trade oriented package due to her integration into the European community. The importance of the European economic and diplomatic relationships led France to accept a GATT...
Persistent link: https://www.econbiz.de/10010275152
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Service trade liberalization as a handmaiden of competitiveness in manufacturing: An industrialized or developing country issue?
Langhammer, Rolf J. - 2006
This paper discusses the issue whether developing countries forego chances in world manufactured markets by protecting intermediate services against market entry of new suppliers. By scanning the empirical literature on effective rates of protection (ERP), the evidence is supportive. Yet, it...
Persistent link: https://www.econbiz.de/10010277713
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The expansion of intra-Asian trade: An analysis of structural patterns and determinants
Langhammer, Rolf J. - 1997
The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub-regions within Asia. Beyond a general trend towards manufactures, it reveals remarkable differences in specialisation profiles between lagging South Asian countries still concentrating on...
Persistent link: https://www.econbiz.de/10010277716
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EU integration and its implications for Asian economies: What we know and what not
Langhammer, Rolf J.; Schweickert, Rainer - 2006
In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be...
Persistent link: https://www.econbiz.de/10010277720
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Sectoral distortions and service protection in Russia: A comparison with benchmark emerging markets and EU accession candidates
Langhammer, Rolf J. - 2007
Recent empirical research on efficiency gains for Russia from WTO membership concludes that service trade … in order to comply with minimum WTO accession prerequisites. …
Persistent link: https://www.econbiz.de/10010277725
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The ties that bind: Geopolitical motivations for economic integration
Hinz, Julian - 2017
Economic determinants of economic integration agreements (EIAs) have received ample attention in the economic literature. Political motivations for such agreements have been mostly studied as functions of domestic politics or in the context of conflict. In this paper I suggest a different...
Persistent link: https://www.econbiz.de/10011705157
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The WTO and environmental provisions: three categories of trade and environment linkage
Khalilian, Setareh - 2009
The current WTO jurisdiction on linkages of trade and environment is not free of contradictions and has provided for … heated debate due to some inconsistencies in past WTO rulings. The article argues that the WTO jurisdiction is not only … unclear but also lacks economic reasoning. It aims to structure WTO provisions and WTO case rulings so that their application …
Persistent link: https://www.econbiz.de/10010263545