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The geography of global value chains (GVCs) depends crucially on trade costs between countries hosting various stages of production. Some stages might be more sensitive to trade costs than others. In this paper, we exploit a value-added decomposition of bilateral trade flows to distinguish low...
Persistent link: https://www.econbiz.de/10012126085
When looking at the conditions of trade in natural resources the world appears upside down: tariff protection in natural resources sectors is generally lower than for overall merchandise trade, while export restrictions are twice as likely as in other sectors. On the other hand, tariff...
Persistent link: https://www.econbiz.de/10009007187
This paper discusses how information and communication technology (ICT) affects the quality and reach of consumer services. These services need to be provided locally, but consist of several components, some of which can be digitised and transmitted over long distances. A general equilibrium...
Persistent link: https://www.econbiz.de/10012883933
preferential agreements on effective protection as well as the impact of tariffs on the production costs of services. A final …
Persistent link: https://www.econbiz.de/10010457253
The WTO's plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper … time in trade literatures. Inserting tariffs directly into the gravity equation breaks the ITAs impact down into four … policy certainty affects investment and sourcing decisions in favour of signatories: Their ITA exports performed better …
Persistent link: https://www.econbiz.de/10010482005
model that incorporates bilateral tariffs and a number of indicators for the quality of infrastructure. The paper looks at … estimators, multilateral resistances for tariffs and remoteness are introduced in the gravity equation. Moreover, the robustness … included. The results can be summarised in four main findings: (i) bilateral tariffs, generally neglected in gravity regression …
Persistent link: https://www.econbiz.de/10010205559
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a complementarity between the price of food in international markets...
Persistent link: https://www.econbiz.de/10009534889
A second approach focuses on the relationships existing between the variables themselves, using multi-criteria and graph analysis. Natural resources endowments, on the one hand, and services orientation, on the other one, are among the most determinant variables for defining Trade in Value Added...
Persistent link: https://www.econbiz.de/10010376488
Duplication, delays or discrimination in CAPs can significantly increase trade costs, and this risk is reflected in the growing importance of CAPs in WTO discussions and bilateral and regional free trade agreements. This paper conducts an empirical study of the trade issues that WTO Members...
Persistent link: https://www.econbiz.de/10011507636
In particular, the ability to export on time is crucial to explain comparative advantage in intermediate goods. These findings underscore the importance of investing in infrastructure and fostering trade facilitation to boost a country's participation in production networks. Furthermore, we...
Persistent link: https://www.econbiz.de/10008748996