Showing 1 - 10 of 122
Rose (2004) showed that the WTO or its predecessor, the GATT, did not promote trade, based on conventional econometric analysis of gravity-type equations of trade. We argue that conclusions regarding the GATT/WTO trade effect based on gravity-type equations are arbitrary and subject to...
Persistent link: https://www.econbiz.de/10009365093
Since the early 1990s, regional trade agreements (RTAs) covering trade in services have proliferated, with 95 RTAs on services notified to the World Trade Organization (WTO) under Article V of the General Agreement on Trade in Services (GATS), as of June 2011. This paper discusses how RTAs...
Persistent link: https://www.econbiz.de/10009653166
This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back to Hans Linneman (1966) and Tinbergen (1962) and its recent applications, particularly by Adams et...
Persistent link: https://www.econbiz.de/10009363461
This study examines the observable phenomenon of growing trade intensity among the ASEAN+3 countries over the last twenty years by using standard gravity approach. While there is a conventional belief that trade intensities within CJK (China Japan and Korea) and between CJK and ASEAN have...
Persistent link: https://www.econbiz.de/10009365169
The paper tries to understand precisely how the food safety regulations applied by the industrialized countries have an effect on Indias export of processed food to these markets. It also examines the information deficiencies of Indian firms about international food safety standards, which...
Persistent link: https://www.econbiz.de/10009363471
In 2005, China abated its fixed exchange rate against the U.S. dollar and began to appreciate the Renminbi (RMB). In this paper, I explore the effect of the appreciation of the RMB on imports to the U.S. from China by augmenting the gravity model with the exchange rate. Using an industrial panel...
Persistent link: https://www.econbiz.de/10009365113
Looking back at the history of the World Trade Organization (WTO), major accords that have been reached under the multilateral framework to date are in substance issue-based “plurilateral†agreements. This paper looks at some specific examples of issue-based plurilateral...
Persistent link: https://www.econbiz.de/10010857581
This paper investigates the effect of regional borders on trade in Asia. The regional borders define the three regions of Asia : South, Southeast, and East Asia. Regional trade indicates the flows of trade within a region, whereas regional border trade means trade across regions. A gravity model...
Persistent link: https://www.econbiz.de/10010857583
South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This underperformance has been due to both policy-related variables—relatively high tariff and...
Persistent link: https://www.econbiz.de/10011278063
In all the regions of the contemporary world—including Asia—there is a growing trend in market consolidation through regional collaboration in the form of bilateral and regional trade agreements. Regional cooperation and integration can facilitate the way for expanding...
Persistent link: https://www.econbiz.de/10011278066