Showing 1 - 10 of 28
Preferential trade agreements today are more numerous and deeper than they were a quarter century ago. Do deep agreements promote countries' integration into global value chains? What are the economic mechanisms? How do countries choose their trade agreement partners? Would the undoing of deep...
Persistent link: https://www.econbiz.de/10012948008
We analyze how a wealth shift to emerging countries may lead to instability in developed countries. Investors exposed to expropriation risk are willing to pay a safety premium to invest in countries with good property rights. Domestic intermediaries compete for such cheap funding by carving out...
Persistent link: https://www.econbiz.de/10011304762
A global computable general equilibrium model is used to analyze the economic impacts of rising oil prices with endogenously determined availability of biofuels to mitigate those impacts. The negative effects on the global economy are comparable to those found in other studies, but the impacts...
Persistent link: https://www.econbiz.de/10012974209
1958 and 2015, which reflects the entire set of preferential trade agreements in force and notified to the World Trade … World Trade Organization mandate and in four leading areas outside the current World Trade Organization mandate: competition …
Persistent link: https://www.econbiz.de/10012962302
With the success of the World Trade Organization and its predecessor, the General Agreement on Tariffs and Trade, in … literature on non-tariff measures in the world trading system. It provides a set of stylized facts based on available data on non … measures in the trade literature with a focus on the rules and institutions that govern non-tariff measures in the world …
Persistent link: https://www.econbiz.de/10012969264
agreements and of vertical foreign direct investment to test the theory. Consistent with the model, the analysis finds evidence … implication of the model is specific to the so-called ?property rights? theory of the multinational firm, the findings provide …
Persistent link: https://www.econbiz.de/10012970742
This paper analyzes how the exchange rate elasticity of exports has changed over time and across countries and sectors, and how the formation of global value chains has affected this relationship. The analysis uses a panel framework covering 46 countries over the period 1996-2012, and first...
Persistent link: https://www.econbiz.de/10012971261
, but the impact varies by income group. Provisions outside the current mandate of the World Trade Organization (investment … under the current World Trade Organization mandate (tariff reduction and customs facilitation) drive the effect of trade …
Persistent link: https://www.econbiz.de/10012912338
contributed to limit global carbon dioxide emissions at the current level; otherwise, the world's current carbon dioxide emissions …
Persistent link: https://www.econbiz.de/10012912351
shipment times and trade costs. For the world, the average reduction in shipment time will range between 1.2 and 2.5 percent …
Persistent link: https://www.econbiz.de/10012909447