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-participation countries will lose. If non-tariff barriers are reduced more, the impacts will be larger. All effects to China on welfare, trade …This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These …. We use a numerical 13-country global general equilibrium model with trade costs to investigate both tariff and non …
Persistent link: https://www.econbiz.de/10013048108
How likely is trade liberalization to produce efficiency gains in the presence of imperfect competition, scale … welfare effect is a wash since the beneficial consequence of expanded imports is offset by labor being pulled away from the … modern, high-wage sectors. By contrast, under imperfect competition (in the modern sectors only), trade liberalization …
Persistent link: https://www.econbiz.de/10013213435
Trade negotiations occur through time and between the governments of many countries. An important issue is thus whether … welfare of governments that are not participating in the bilateral negotiation. The reciprocal market access' rule ensures … which to protect non-participant welfare and thereby eliminate the potential for opportunistic bilateral negotiations …
Persistent link: https://www.econbiz.de/10013230972
-firm and cross-country data we (i) find quantitatively large differences in the welfare gains from trade relative to models … based on homothetic preferences, and (ii) evaluate the gains and losses from the Transatlantic Trade and Investment …We develop a general equilibrium model of monopolistic competition and trade based on indirectly additive preferences …
Persistent link: https://www.econbiz.de/10012998951
welfare effects resulting from new technology and lower trade costs. Domestic trade frictions turn out to be substantial, far …Uneven development within countries suggests that domestic trade frictions are important. Trade flows within a country …, however, are rarely observed. We employ a new dataset on trade between fifteen Chinese treaty ports to examine the importance …
Persistent link: https://www.econbiz.de/10013001211
Computable General Equilibrium models, widely used for the analysis of Free Trade Agreements (FTAs) are often …
Persistent link: https://www.econbiz.de/10013215720
This paper attempts to examine the impact of an East Asia FTA on trade patterns in East Asia by using a multi … Asia FTA on GDP and welfare of member countries are generally positive, while the impacts on non-members are negative …-industry trade. Third, production of the sectors with a comparative advantage increases. Fourth, unexpectedly exports of protected …
Persistent link: https://www.econbiz.de/10013232755
liberalization has strong effects on industry location. Consistent with the transport-costs hypothesis, post-trade employment growth …In this paper, I study the effect of economic integration with the United States on state-industry employment growth in … agglomeration economies, which, all else equal, reinforce the pre-trade pattern of industry location. I find that trade …
Persistent link: https://www.econbiz.de/10013124909
Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak … the consequences of a global trade war. What they offer to the large countries in return is largely non-trade benefits … guarantees of royalty arrangements affecting resources on state-owned lands). When evaluated alongside the regional trade …
Persistent link: https://www.econbiz.de/10012763469
group should therefore" be made better off by trade and investment liberalization according to the traditional" Heckscher …
Persistent link: https://www.econbiz.de/10013219696