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&D and productivity levels of firms. Trade agreements between countries are modelled with a network: nodes represent … agreement is represented by the complete network while the overlap of regional trade agreements is represented by the hub …-and-spoke trade system. Trade liberalization, which increases the network of trade agreements, reinforces the incentives for firms to …
Persistent link: https://www.econbiz.de/10010326722
This paper shows that environmental, labour and other standards can be effective strategic policy instruments even when they are strictly non-discriminatory. This is because standards can be set which the low cost producer optimally chooses not to meet, allowing the high cost producer to...
Persistent link: https://www.econbiz.de/10010330184
Trade finance shortfalls now appear regularly. Does this matter for trade expansion and economic development in developing countries? Global trade finance has resumed following the 2009 global financial crisis. However, the pattern of recovery has been uneven across countries and categories of...
Persistent link: https://www.econbiz.de/10011590009
network analysis approach, which goes beyond the traditional bilateral dimension of international trade and identifies where …
Persistent link: https://www.econbiz.de/10011602885
There are essentially two types of plurilateral trade agreements (PAs) among WTO Members, an exclusive and an open variant. While the benefits of the former agreements are shared among participants only, the latter are implemented on an MFN-basis, thus profiting non-signatories as well. The most...
Persistent link: https://www.econbiz.de/10011602886
Besides facilitating access to the world market, WTO accession negotiations entail a process of domestic reforms that are expected to improve the supply side of acceding economies. However, measuring the actual impact of accession remains an empirical debate. The present paper contributes to the...
Persistent link: https://www.econbiz.de/10011617567
Trade has been recognized in the 2030 development Agenda as well as in the Addis Ababa Agenda for Action as an important means for the implementation of the Sustainable Development Goals (SDGs). This paper questions whether trade openness could be an important driver of financing for development...
Persistent link: https://www.econbiz.de/10011624078
The frequency, severity and economic impact of natural disasters are growing. Import surges resulting from disaster-response efforts can highlight underlying structural failings in the border clearance regimes of disaster-affected countries. Relief supplies, specialized personnel and agencies...
Persistent link: https://www.econbiz.de/10011636633
Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre-crisis, in both absolute terms (growth rates) and relative terms (relative to GDP, from 2:1 in the great 1990's to 1:1 since 2012) A debate has arisen as to whether this global trade...
Persistent link: https://www.econbiz.de/10011636635
This paper studies the effects of trade policy uncertainty on the extensive and the intensive margins of trade for a sample of 149 exporters at the HS6 digit level. We measure trade policy uncertainty as the gap between binding tariff commitments under trade agreements (multilateral and regional...
Persistent link: https://www.econbiz.de/10011279529