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The European Single Market created a common market for millions of Europeans. However, thirty years after its introduction, it appears that the benefits of the common European project are occasionally being questioned at least by some parts of the population. Others, by contrast, strive for...
Persistent link: https://www.econbiz.de/10012200868
International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of … effects" that are arguably related to the ICT revolution that started around 1985, and (ii) the implementation of Free Trade … capture the emergence of GVCs by disentangling domestic and international trade in final goods and intermediate inputs …
Persistent link: https://www.econbiz.de/10012216588
Quantifying the effects of trade policy in the age of "global value chains" (GVCs) requires an enhanced analytical … equilibrium models generally assume that industry-level bilateral final and intermediate trade shares are identical, and that the … structure reported in input-output tables. This allows us to investigate the relation between the effects of changes in trade …
Persistent link: https://www.econbiz.de/10012150076
In this paper we provide evidence on the existence of short-run trade diversion effects towards third countries as a … consequence of tariff shocks. We exploit sudden policy changes in the context of the trade dispute between the US and China. Based … short-run trade diversion effects towards third countries. This latter finding holds for product and country subgroups as …
Persistent link: https://www.econbiz.de/10012390489
a key component of attempts to reshore production and are an increasingly popular trade policy instrument in general … implemented unilaterally or induce a retaliation from trade partners, and also the extent to which they reduce domestic …
Persistent link: https://www.econbiz.de/10014490345