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Are preferential agreements beneficial to EU trade? : new evidence from the EU-South Korea treaty

Quintieri, Beniamino; Stamato, Giovanni - 2023

This paper empirically investigates the effect of the EU-South Korea free trade agreement (FTA) on manufacturing trade flows. By applying a state-of-the-art structural gravity model with intranational (i.e., domestic) trade and using disaggregated data, we quantify both the trade impact and the...

Persistent link: https://www.econbiz.de/10014342219

Globalisation and the efficiency-equity trade-off

Beck, Roland; Di Nino, Virginia; Stracca, Livio - 2021

We revisit the effects of globalisation over the past 50 years in a large sample of advanced and emerging countries. We use accessions to \Globalisation Clubs" (WTO, OECD, EU), financial liberalisation and an instrument for trade openness to study the trade-off between efficiency (proxied by...

Persistent link: https://www.econbiz.de/10012511089

Beyond borders : how geopolitics is reshaping trade

Bosone, Costanza; Stamato, Giovanni - 2024

increased over time. Our results suggest that a 10% increase in geopolitical distance, like the observed increase in the US-China …

Persistent link: https://www.econbiz.de/10015154324

Sectorial Border Effects in the European Single Market : an explanation through industrial concentration

Cafiso, Gianluca - 2009

The purpose of this paper is to explain the relation between the Border Effect and industrial concentration. This is achieved by founding this relation on the Home Market Effect and testing the robustness of this foundation through an application to the European Single Market. A sectorial...

Persistent link: https://www.econbiz.de/10003969243

Euro's influence upon trade : Rose effect versus border effect

Cafiso, Gianluca (contributor) - 2008

This paper assesses the Euro's influence upon European trade by estimating two different indicators. The first is the so-called "Rose Effect", while the second is the "Border Effect". The former measures how much a country within a currency union trades more with its partners than with...

Persistent link: https://www.econbiz.de/10003790947

Baldwin vs. Cecchini revisited : the growth impact of the European Single Market

Lehtimäki, Jonne; Sondermann, David - 2020

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

Global trade in final goods and intermediate inputs : impact of FTAs and reduced "border effects"

Franco-Bedoya, Sebastian; Frohm, Erik - 2020

International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of global value chains (GVCs). This paper studies how two factors contributed to this rise since 1970: (i) declining "border effects" that are arguably related to the ICT revolution...

Persistent link: https://www.econbiz.de/10012216588

The impact of US tariffs against China on US imports : evidence for trade diversion?

Cigna, Simone; Meinen, Philipp; Schulte, Patrick; … - 2020

consequence of tariff shocks. We exploit sudden policy changes in the context of the trade dispute between the US and China. Based … showing a strong negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant …

Persistent link: https://www.econbiz.de/10012390489

Crowding-out or co-existence? : the competitive position of EU members and China in global merchandise trade

Benkovskis, Konstantins; Silgoner, Maria Antoinette; … - 2013

Persistent link: https://www.econbiz.de/10010233285

Is China climbing up the quality ladder? : estimating cross country differences in product quality using Eurostat's COMEXT trade database

Pula, Gábor; Santabárbara, Daniel - 2011

There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China … imposes a threat to the market positions of advanced economies. While China's export structure is very similar to that of the … values reflect quality the prevailing view of the literature is that China exports low quality varieties of the same products …

Persistent link: https://www.econbiz.de/10008935837