Showing 1 - 10 of 157
We use a dynamic trade model with two sectors and two types of workers to analyze the optimal setting of income … horizon of the workers. Unskilled workers in the unskilledintensive sector are the ones most in favor of protectionism and … might even benefit from a trade war. …
Persistent link: https://www.econbiz.de/10011654196
available from Global Trade Alert, combined with bilateral FDI data between OECD countries and a large number of partner … specifications suggest that, depending on the empirical model, the implementation of a trade protection measure is associated with … about 40 to 80 percent lower FDI inflows. Trade protection does not appear to have any implications for the country’s FDI …
Persistent link: https://www.econbiz.de/10008904601
. Protectionism can have many different faces. It can come in the form of Buy-American clauses of stimulus packages, as an increase in … trade barriers or tariffs, or as an increase in export subsidies. In this paper, we show that none of these measures … the short run, they are less effective than general government spending impulses. Raising tariffs or trade barriers even …
Persistent link: https://www.econbiz.de/10009162112
international trade, distorts production and reduces output. However, in a liquidity trap protectionism lowers the real interest …This paper studies the effects of protectionism as a business cycle instrument. In normal times, protectionism reduces …
Persistent link: https://www.econbiz.de/10011488621
This paper estimates the costs of EU restraints on trade in textiles and clothing. After explaining the methods used …, we examine the impact of an opening up of EU trade in textiles and clothing, inter alia to those economies where the …
Persistent link: https://www.econbiz.de/10011472459
. We first gauge the impact of the sanctions’ regime using a structural gravity framework and quantify the trade losses in … by the Russian embargo. Instead, the disruption of the provision of trade finance services is found to have played an …
Persistent link: https://www.econbiz.de/10011561723
sanctioned markets, while, importantly, the lifting of sanctions is not found to yield symmetric trade recovery effects …. Additionally, sanctions effects are very heterogeneous. Firms that depend more on trade finance instruments are more strongly …
Persistent link: https://www.econbiz.de/10012258871
computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …
Persistent link: https://www.econbiz.de/10012888028
While international trade can offer gains from specialization and access to a wider range of products, it is also … structured overview of the economic literature on the interaction between environmental outcomes, trade, environmental policy and … trade policy. In this endeavor, it covers approaches reaching from descriptive data analysis based on Input‐Output tables …
Persistent link: https://www.econbiz.de/10013370320
The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub … extra-Asian trade, almost all sample countries concentrate their intra-Asian exports more on non-manufactures. Within … manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both …
Persistent link: https://www.econbiz.de/10011472090