Showing 1 - 10 of 28
Persistent link: https://www.econbiz.de/10010323496
Economic theory has made considerable progress in explaining why sovereign countries cooperate in trade. Central to … most theories of trade cooperation are issues of self-enforcement: The threat of reprisal by an aggrieved party maintains … explaining why countries choose to settle and enforce their trade disputes with the help of an impartial third party, a “trade …
Persistent link: https://www.econbiz.de/10010326684
This paper argues that different types of trade liberalization { multilateral versus regional { may lead to different R …&D and productivity levels of firms. Trade agreements between countries are modelled with a network: nodes represent … countries and a link between the nodes indicates the existence of a trade agreement. In this framework, the multilateral trade …
Persistent link: https://www.econbiz.de/10010326722
for these effects by focusing on trade policy, a ubiquitous but often overlooked source of uncertainty, when a firm's cost … of export market entry is sunk. While an explicit purpose of the World Trade Organization (WTO) is to secure long term … prospective exporters. Within a dynamic model of heterogeneous firms, I show that trade policy uncertainty will delay the entry of …
Persistent link: https://www.econbiz.de/10010326782
competitiveness perspectives that fuses climate change and trade regimes in potentially problematic ways as governments contemplate … trade actions to manage the environmental and/or competitiveness consequences of differential climate change policies. On … the trade side of this relationship, we have the reality that the GATT/WTO rules were not originally drafted to …
Persistent link: https://www.econbiz.de/10010326790
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium …
Persistent link: https://www.econbiz.de/10010326795
The main objective of this paper is to analyse trade flows and tariff policies of health products. Compared to previous … identified in the common trade classification. The first contribution is thus to construct three groups of health products based … on the 2007 Harmonized System classification of international trade. Using these commodity groups, we analyse trade flows …
Persistent link: https://www.econbiz.de/10010326805
We compare economic efficiencies in Brazil, India, and China, where economic efficiency measures the gap between potential and actual output for a given input combination and technological factor. We use stochastic production frontier models to measure the contributions of factors of production...
Persistent link: https://www.econbiz.de/10010273401
protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to … follow strategies of export driven industrialization. If we consider the share of non-OECD countries in global trade in … Africa. In this paper we present a two region product life cycle model of global specialization and trade. In it we analyse …
Persistent link: https://www.econbiz.de/10010273444
. Having discussed the nature and dynamics of the GAE, the paper turns to sketch a series of vectors (trade, aid and energy …
Persistent link: https://www.econbiz.de/10010273494