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The evolution of deep trade agreements
Mattoo, Aaditya; Rocha, Nadia; Ruta, Michele - 2020
This paper presents new data on the content of preferential trade agreements. The data contain detailed information on the 18 policy areas most frequently covered in preferential trade agreements, focusing on the stated objectives, substantive commitments, and other aspects such as transparency,...
Persistent link: https://www.econbiz.de/10012241390
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GVC participation and deep integration in Brazil
Hollweg, Claire H.; Rocha, Nadia - 2018
Co-operation and Development/World Trade Organization's Trade in Value Added Database to assess Brazil's current …
Persistent link: https://www.econbiz.de/10012002360
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Third-country effects of regional trade agreements : a firm-level analysis
Lee, Woori; Mulabdic, Alen; Ruta, Michele - 2019
Do regional trade agreements negatively impact non-members? This paper revisits this long-standing trade policy question using firm-level data and detailed information on the content of trade agreements. Differently from the conventional view on trade diversion, the analysis identifies a...
Persistent link: https://www.econbiz.de/10012167921
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Deep trade agreements and global value chains
Laget, Edith; Osnago, Alberto; Rocha, Nadia; Ruta, Michele - 2018
, but the impact varies by income group. Provisions outside the current mandate of the World Trade Organization (investment … under the current World Trade Organization mandate (tariff reduction and customs facilitation) drive the effect of trade …
Persistent link: https://www.econbiz.de/10011902822
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How preferential is preferential trade?
Espitia, Alvaro; Mattoo, Aaditya; Mimouni, Mondher; … - 2018
World trade is increasingly ruled by preferential trade agreements (PTAs), but their precise nature remains relatively … Trade Center and the World Bank. The data set covers 5,203 products, 199 reporters, and 239 partners, representing … approximately 97 percent of world imports in 2016. There are three main findings. First, PTAs have significantly widened the scope …
Persistent link: https://www.econbiz.de/10011874980
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Financial development, exchange rate regimes, and growth dynamics
Kassa, Woubet; Lartey, Emmanuel - 2018
This paper utilizes data for African countries to analyze the extent to which financial development affects the dynamics of the relationship between exchange rate flexibility and economic growth. The findings indicate that financial development exerts a positive influence on the relationship...
Persistent link: https://www.econbiz.de/10011903166
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Debt intolerance : threshold level and composition
Matsuoka, Hideaki - 2020
Fiscal vulnerabilities depend on both the level and composition of government debt. This study examines the role of debt thresholds and debt composition in driving the non-linear behavior of long-term interest rates through a novel approach, a panel smooth transition regression with a general...
Persistent link: https://www.econbiz.de/10012241362
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Adding space to the international business cycle
Abate, Girum Dagnachew; Servén, Luis - 2019
Growth fluctuations exhibit substantial synchronization across countries, which has been viewed as reflecting a global business cycle driven by shocks with worldwide reach, or spillovers resulting from local real and/or financial linkages between countries. This paper brings these two...
Persistent link: https://www.econbiz.de/10012008277
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What determines the size of public employment? : an empirical investigation
Herrera Aguilera, Santiago; Muñoz S., Ercio - 2019
This paper explores the determinants of public employment across the world and finds that it is negatively associated …
Persistent link: https://www.econbiz.de/10012113855
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Can taxes help ensure a fair globalization?
Adjognon, Guigonan Serge; Soest, Daniël Pieter van; … - 2019
This paper analyzes whether taxation can be successfully used to reduce the incidence of labor informality and achieve higher equality in a globalized economy. To this purpose, it develops a two-area model: a developed country and an emerging country. The two areas differ according to the size...
Persistent link: https://www.econbiz.de/10012113993