Showing 1 - 10 of 20
Aiming to explore how the survival of trade flows has evolved over time, we analyze a rich data set of detailed imports … persistent characteristic of trade throughout the extended time period that we study: in general only 40 percent of trade flows … observed explanatory variables – which in turn influence the hazard of trade flows dying in a negative direction – imply that …
Persistent link: https://www.econbiz.de/10009283229
duration of trade which has found that international trade is often of strikingly short duration, we aim to establish whether … accepted theoretical explanation for these short trade durations, we seek to provide a thorough empirical description and …. Among our empirical findings are (i) that the duration of trade remains stable across the long time period that we study …
Persistent link: https://www.econbiz.de/10008548990
The recent literature on the duration of trade has predominantly analyzed the determinants of trade flow durations … of trade with continuous-time models such as the Cox model, and to propose alternative discrete-time models which are … more suitable for estimation. Briefly, the Cox model has three major drawbacks when applied to large trade data sets. First …
Persistent link: https://www.econbiz.de/10008470233
distance’ in international trade. We find significant differences between results obtained with the proposed estimator and …
Persistent link: https://www.econbiz.de/10010818521
We examine the setting of national competition policy in a two-country setting,emphasizing the relationship of trade to … equilibrium distributional effects of competition policy, therelationship of national competition policy to terms-of-trade gains … and losses,the implications of distinct national markets linked through trade (thestarting point for all trade theorists …
Persistent link: https://www.econbiz.de/10010324446
The Dispute Settlement (DS) system is a central feature of the World Trade Organization (WTO) Agreement. This …
Persistent link: https://www.econbiz.de/10009386417
We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may … be incomplete. Inspite of its simplicity, the model yields rich predictions on the structure of the optimal trade … explicitly into account can help explain a number of key features of real trade agreements. …
Persistent link: https://www.econbiz.de/10005771085
The purpose of this paper is to report some initial findings based on the WTO Dispute Settlement Data Set (Ver. 2.0) that the authors have compiled for the World Bank. The data set contains approximately 28 000 observations on the workings of the Dispute Settlement (DS) system. It covers all 351...
Persistent link: https://www.econbiz.de/10005419503
This paper discusses allocation of burden of proof in environmental disputes in the WTO system. Besides laying down the natural principles that (i) the complainant carries the burden to (ii) make a prima facie case that its claim holds, WTO adjudicating bodies have said little of more general...
Persistent link: https://www.econbiz.de/10005419555
A significant body of research has sought to examine claims that developing countries are under-represented as complainants, and/or over-represented as respondents in the WTO dispute settlement system. Most of this literature has focused on their propensity to participate, the idea being that...
Persistent link: https://www.econbiz.de/10005645308