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Blanga-Gubbay, Michael; Rubínová, Stela - 2023 - Manuscript date: 30 November 2023

decoupling between the world's two largest economies. Results based on gravity model regressions with high-dimensional fixed … other hand, we find no evidence of an increased regionalisation of world trade since the shock of the COVID-19 pandemic or … the war in Ukraine. Therefore, our results suggest that near-shoring strategies did not have a large impact on world trade …

Persistent link: https://www.econbiz.de/10014437262

The impact of geopolitical conflicts on trade, growth, and innovation

Góes, Carlos; Bekkers, Eddy - 2022 - Manuscript date: 10 June 2022

Geopolitical conflicts have increasingly been a driver of trade policy. We study the potential effects of global and persistent geopolitical conflicts on trade, technological innovation, and economic growth. In conventional trade models the welfare costs of such conflicts are modest. We build a...

Persistent link: https://www.econbiz.de/10013270793

Why do trade finance gaps persist : does it matter for trade and development?

Auboin, Marc; DiCaprio, Alisa - 2016 - Manuscript date: January 2017

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/10011584075

Institutions, trade policy and trade flows

Jansen, Marion; Nordås, Hildegunn Kyvik - 2004 - Manuscript date: April 2004

This paper analyses to which extent domestic institutions affect trade flows. We use two complementary approaches, one focusing on the size of total trade flows and one focusing on bilateral trade patterns (gravity equation). Besides, we control for two other domestic policy variables: trade...

Persistent link: https://www.econbiz.de/10010205557

The falling elasticity of global trade to economic activity : testing the demand channel

Auboin, Marc; Borino, Floriana - 2017 - Manuscript date: April 2017

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/10011635156

Preference utilization in the global economy : an empirical analysis

Cariola, Gianmarco; Lanz, Rainer - 2022 - Manuscript date: 25 February 2022

This paper analyses the determinants of preference utilization using a novel WTO dataset that allows us to measure the underutilization of preferences across several importers, exporters and products over time. Building on the previous literature, we confirm that preference utilization is...

Persistent link: https://www.econbiz.de/10013193715

Applying import-adjustmed demand methodology to trade analysis during the COVID-19 crisis: what do we learn?

Auboina, Marc; Borino, Floriana - 2022 - Manuscript date: March 2022

In this paper, we estimated the standard (macro-economic) import equation over the period 1995-2021Q2, using an import intensity-adjusted measure of aggregate demand (IAD) calculated from input-output tables at country level, and compared the results with regressions using GDP. Initially...

Persistent link: https://www.econbiz.de/10013198184

The contribution of services trade policies to connectivity in the context of aid for trade

Roy, Martin - 2017 - Manuscript date: September 2017

This paper examines how services trade and policies contribute to connectivity. It highlights the economic relevance of services and identifies some key channels through which trade in services contributes to physical and digital connectivity. The paper examines the impact of services trade...

Persistent link: https://www.econbiz.de/10011723870

Canary in a coal mine : how trade concerns at the Goods Council reflect the changing landscape of trade frictions at the WTO

Santana, Roy; Dobhal, Adeet - 2024 - Manuscript date: 08 May 2024

This paper studies the under-explored yet critical role of WTO's regular bodies, particularly focusing on the discussions of "trade concerns" within the Goods Council, its subsidiary bodies, as well as the General Council. These discussions are pivotal for the governance of international trade...

Persistent link: https://www.econbiz.de/10014541652

The future of global value chains and the role of the WTO

Dadush, Uri - 2022 - Manuscript date: April 2022

Disruptions to global value chains (GVCs) - caused by conflicts, natural disasters, and accidents that close transport routes - and that affect specific regions or sectors, are not unusual. However, in recent years and amid the Covid-19 pandemic, they have become more frequent and severe. High...

Persistent link: https://www.econbiz.de/10013337959