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This contribution provides a cost-benefit analysis in a partial equilibrium framework to investigate the welfare consequences of a prohibitive regulatory non-tariff measure (NTM) in the form of a sanitary and phytosanitary (SPS) measure aimed at a foreign product with perceived negative...
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Many different approaches have developed for the evaluation of non-tariff measures (NTMs) and free trade agreements (FTAs). Moving on from models using simple dummy variables, today a range of databases can capture different aspects of NTMs and FTAs. Some assess the depth of FTAs by extracting...
Persistent link: https://www.econbiz.de/10012262387
Recent studies on oil market demonstrate endogeneity of oil price by modeling it as a function of consumption and precautionary demands and producers’ supply. However, studies analysing the effect of oil price uncertainty on investment, do not disentangle uncertainties raised by underlying...
Persistent link: https://www.econbiz.de/10011824182
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We investigate the role of networks of military alliances in preventing or encouraging wars between groups of countries. A country is vulnerable to attack if there is some fully-allied group of countries that can defeat that country and its (remaining) allies based on a function of their...
Persistent link: https://www.econbiz.de/10010350454
The Belt and Road initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to … reduce transportation costs across a massive geographical area between China and Europe. The authors estimate how much trade … true for eastern Europe and Central Asia and, to a lesser extent, south-east Asia. In contrast, if China were to seek to …
Persistent link: https://www.econbiz.de/10011541814
China has virtually dominated the trade scene in nearly all manufacturing sectors, this study also looks at the tripartite … dynamics of trade in pharmaceutical items among India, Pakistan and China. An analysis of the China-Pakistan and the South Asia … Free Trade Area Agreements reveals that while Pakistan does not give any favourable treatment to China in items on Pakistan …
Persistent link: https://www.econbiz.de/10010404687
Drawing on global media reports, we conduct a sentiment analysis of the image of China's Belt and Road Initiative (BRI … positive, even if slightly less so than in the past. This is notwithstanding increases in debt levels with China, much of which … sentiment towards China's landmark project, as well as a much worse image of the initiative in countries which, until today, are …
Persistent link: https://www.econbiz.de/10014316150
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