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Does globalization cause a higher concentration of international trade and investment flows?

Low, Patrick; Olarreaga, Marcelo; Suarez, Javier - 1998

It has sometimes been argued that globalization benefits only a small number of countries, and that this leads to greater marginalization of excluded countries. This paper argues that globalization is not necessarily biased towards greater concentration in international trade and investment...

Persistent link: https://www.econbiz.de/10010330166

Trade policy implications of a changing world: Tariffs and import market power

Jakubik, Adam; Keck, Alexander; Piermartini, Roberta - 2022

Economic theory suggests that countries' tariff commitments in trade agreements reflect their import market power at … estimate hypothetical tariff commitments under current levels of market power and compare them with actual tariff commitments …. We find that lower tariff commitments required to reflect current economic conditions would amount to a reduction in …

Persistent link: https://www.econbiz.de/10013471330

Evolution of Asia's outward-looking economic policies: Some lessons from trade policy reviews

Daly, Michael - 2011

This Working Paper contains some observations concerning the evolution of trade and trade-related policies in the Asia-Pacific region since the establishment in 1989 of the Trade Policy Review Mechanism (TPRM), whose goal is to improve the transparency of these policies. It also draws some...

Persistent link: https://www.econbiz.de/10010326768

Potential economic effects of a global trade conflict: Projecting the medium-run effects with the WTO global trade model

Bekkers, Eddy; Teh, Robert - 2019

The WTO Global Trade Model is employed to project the medium-run economic effects of a global trade conflict. The trade conflict scenario is based on recent estimates in the literature of the difference between cooperative and non-cooperative tariffs. The study provides three main insights....

Persistent link: https://www.econbiz.de/10011996453

On the effects of GATT/WTO membership on trade: They are positive and large after all

Larch, Mario; Monteiro, José-Antonio; Piermartini, Roberta - 2019

We capitalize on the latest developments in the empirical structural gravity literature to revisit the question of whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non-discriminatory nature of GATT/WTO commitments by measuring the effects...

Persistent link: https://www.econbiz.de/10012029545

International health worker mobility and trade in services

Carzaniga, Antonia Giulia; Dhillon, Ibadat S.; … - 2019

Despite its substantial and increasing importance to health systems and inclusive economic growth, the relationship between international trade in services and health worker mobility has been largely unexplored. However, international health worker mobility and trade in services have both been...

Persistent link: https://www.econbiz.de/10012143445

General equilibrium trade policy analysis with structural gravity

Larch, Mario; Yotov, Yoto V. - 2016

The objective of this manuscript is to serve as a practical guide for evaluation of the general equilibrium (GE) effects of trade policy using the structural gravity model. We try to achieve this objective in four steps. First, we focus on the original Armington CES gravity model, as a...

Persistent link: https://www.econbiz.de/10011509083

Estimating trade policy effects with structural gravity

Piermartini, Roberta; Yotov, Yoto V. - 2016

The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...

Persistent link: https://www.econbiz.de/10011509085

Reassessing effective protection rates in a trade in tasks perspective: Evolution of trade policy in factory Asia

Diakantoni, Antonia; Escaith, Hubert - 2012

series of counter-factual simulation methods aimed at isolating the specific contribution of changes in tariff policies, in … compare the average propagation length of a cost-push linked to a sudden change in tariff duties, identifying those sectors …

Persistent link: https://www.econbiz.de/10010326803

Trade policy substitution: Theory and evidence from Specific Trade Concerns

Beverelli, Cosimo; Boffa, Mauro; Keck, Alexander - 2014

measures', we find evidence of a substitution of non-tariff measures for tariffs both in the sample of TBT and in the sample of …

Persistent link: https://www.econbiz.de/10010435374

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