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increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical …
Persistent link: https://www.econbiz.de/10012463037
We develop a simple model of international trade with heterogeneous firms that is consistent with a number of stylized features of the data. In particular, the model predicts positive as well as zero trade flows across pairs of countries, and it allows the number of exporting firms to vary...
Persistent link: https://www.econbiz.de/10012465729
This paper surveys the measurement of trade costs --- what we know, and what we don't know but may usefully attempt to find out. Partial and incomplete data on direct measures of costs go together with inference on implicit costs from trade flows and prices. Total trade costs in rich countries...
Persistent link: https://www.econbiz.de/10012468213
I explore whether the world trading system of the twentieth century can be adapted to address the challenges of the …
Persistent link: https://www.econbiz.de/10012585431
This paper considers the effects of trade policy--tariffs and quotas--when importing is done by competitive traders who are identical ex ante but differ ex post. We show that the standard equivalence results no longer hold and the conventional ranking of tariffs and quotas is turned on its head:...
Persistent link: https://www.econbiz.de/10012465614
using a calibrated model with 3 Canadian regions, the U.S., and the rest of the world using 2001 data. We also evaluate how …
Persistent link: https://www.econbiz.de/10012466225
This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the …
Persistent link: https://www.econbiz.de/10012473066
Results suggest that GPA membership has a positive impact on trade in both goods and services between parties as well as on outward foreign affiliate service sales. The number of GPA parties has a small marginal negative effect on trade in goods. Service exports also increase slightly with more...
Persistent link: https://www.econbiz.de/10012461293
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
In this article we introduce an empirical framework to analyze how firm performance is affected by increased globalization. Using this framework we discuss recent work on measuring the impact of various shocks firms face in the global marketplace, such as reductions in trade costs (through...
Persistent link: https://www.econbiz.de/10012459354