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The proliferation of services trade agreements and improved availability of data on bilateral services trade flows has … resulted in a growing literature on the theoretical and empirical assessment of services trade effects. In this paper, we … revisit the trade effects of services agreements using an updated database on bilateral services trade flows from the OECD and …
Persistent link: https://www.econbiz.de/10011112164
undermined the profitability of long-distance trade in cheaper textiles. That, in turn forced most textile manufacturers … dependent on long-distance trade, and especially those who had operated as price-takers, to re-orient their export … transportation, transactions costs fell, and fell enough to make long-distance trade in cheaper textiles once more profitable; and …
Persistent link: https://www.econbiz.de/10005836279
We develop a two-sector DSGE model with financial intermediation to investigate the role of news as a driving force of the business cycle. We find that news about future capital quality is a significant source of aggregate fluctuations, accounting for around 37% in output variation in cyclical...
Persistent link: https://www.econbiz.de/10009325616
decades. By now, it is clear that trade liberation had an important role in freeing the economy of Indonesia from the single …-sided economic structure of oil exporting countries, and led to the diversification of its foreign trade at a rapid pace. …
Persistent link: https://www.econbiz.de/10011265683
Recent literature on the workhorse model of intra-industry trade has explored heterogeneous cost structures at the firm …-firms specification. We develop a symmetric two-country intra-industry trade model where firms are of two different marginal costs types … trade. However, we find that with heterogeneous fixed export costs there exists a positive bilateral tariff that maximizes …
Persistent link: https://www.econbiz.de/10005260181
The report identifies concerns with the EU anti-dumping instrument, as applied today, regardless of the fact that the investigation procedures and methods might be in line with the current regulation and practice. The report's arguments are based on the recent anti-dumping investigation – and...
Persistent link: https://www.econbiz.de/10009654208
the spiralling protectionism of the 1930s, and the trade restrictions implemented so far are limited in scope, it is … equilibrium (CGE) trade model to contrast the outcomes of a successful Doha agreement with the consequences of a scenario in which … to WTO-rule-consistent protectionism in response to the crisis would have drastic adverse implications for developing …
Persistent link: https://www.econbiz.de/10005040711
Since its inception, the European Union’s Common Agricultural Policy (CAP) has been discussed controversely. Data from the OECD and the World Bank show that the protectionist effects of the CAP between the 1960s and the 1980s were larger than those of its national predecessors. Moreover, there...
Persistent link: https://www.econbiz.de/10008540111
history shows that protectionism has been the hallmark of industrial, investment and trade policies followed in that country …
Persistent link: https://www.econbiz.de/10005026622
and coverage of the study. Chapter 2 provides a detailed examination of policies guiding trade and key institutions … controlling trade practices. Chapter 3 describes trade control measures in terms of tariff measures, price controls, financial … measures, quality controls, and technical measures. Chapter 4 examines trade and macroeconomic policies affecting exports …
Persistent link: https://www.econbiz.de/10011108889