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The production of export goods has become increasingly unbundled, and countries positioning to become more integrated in the global economy are increasingly looking toward global value chains. This paper uses the Organisation for Economic Co-operation and Development/World Trade Organization's...
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Do regional trade agreements negatively impact non-members? This paper revisits this long-standing trade policy question using firm-level data and detailed information on the content of trade agreements. Differently from the conventional view on trade diversion, the analysis identifies a...
Persistent link: https://www.econbiz.de/10012167921
Participation in global value chains is a key element in the industrialization strategies of many developing nations. This paper investigates the role of services liberalization in promoting participation in global value chains. Using the gravity framework, it examines the impact of services...
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and partially constrained Gravity Model of Trade. Adjusting the Euclidian distance factor for Central America by real … adjacency and time-distance factors of a truly integrated region. In addition, the region's combined exports to the European …
Persistent link: https://www.econbiz.de/10012976246
The "distance effect" measuring the elasticity of trade flows to distance has been rising since the early 1970s in a … host of studies based on the gravity model, leading observers to call it the "distance puzzle" . This paper reviews the … estimate that low-income countries exhibit a significant rising distance effect on their trade, around 18 percent between 1970 …
Persistent link: https://www.econbiz.de/10012976682
This paper assesses and compares the economic impacts of four actual and potential free trade agreements in the Asia-Pacific Region: the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the original Trans Pacific Partnership, the Regional Comprehensive Economic Partnership,...
Persistent link: https://www.econbiz.de/10012434597