Showing 1 - 10 of 347
Are country borders still an impediment to trade flows within Europe? Using a rich microlevel survey with 3 million annual shipments of goods by road across 269 European regions, we construct a matrix of bilateral trade flows for 12 industries from 2011 to 2017. We then use the causal inference...
Persistent link: https://www.econbiz.de/10012482519
This paper uses a new database to establish a key finding: high tariffs were associated with fast growth before World … controlling for novel measures of the changing world economic environment. Rejecting alternative explanations based on changing … head in a world environment characterized by a moderately higher level of generalized tariff protection. We confirm the …
Persistent link: https://www.econbiz.de/10012469529
We discuss most favoured nation (MFN) treatment in trade agreements, suggesting that its value to individual countries depends critically on the relevant model solution concept used to evaluate it. We analyze both rights to MFN treatment in foreign markets, and the obligation to grant MFN...
Persistent link: https://www.econbiz.de/10012472344
This paper discusses the role that trade can potentially play in both negotiating and operating a post Kyoto/post 2012 global climate policy regime. As an addition to the bargaining set for a global climate negotiation, trade in principle widens the range of jointly beneficial potential outcomes...
Persistent link: https://www.econbiz.de/10012461159
This paper is the first to study empirically the effects of European antidumping actions on import diversion from importers 'named' in an antidumping investigation, and potentially subject to protectionist measures, to countries not named' in the investigation. For this purpose we use a unique...
Persistent link: https://www.econbiz.de/10012471444
Instead of efficiently pricing greenhouse gases, policy makers have favored measures that implicitly or explicitly subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies currently in use: ethanol subsidies, a renewable fuel standard (RFS),...
Persistent link: https://www.econbiz.de/10012461272
The gravity model has been widely used to infer substantial trade flow effects of institutions such as customs unions and exchange rate mechanisms. McCallum [1995] found that the US-Canada border led to trade between provinces that is a factor 22 (2,200%) times trade between states and...
Persistent link: https://www.econbiz.de/10012470650
the adjustment of manufacturing employment and hours in West Germany, France and Belgium, three countries with strong job … regulations that occurred in Germany, France and Belgium during the 1980s affected employers' adjustment to changes in output …
Persistent link: https://www.econbiz.de/10012474563
How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical estimate of firm price responses to changes in prices of their competitors. We develop a general framework and an empirical identification strategy to estimate the elasticities...
Persistent link: https://www.econbiz.de/10012456555
In the Belle Époque, Belgium recorded an unprecedented trade boom, but growth in output per capita was lackluster. We …
Persistent link: https://www.econbiz.de/10012457815