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comprehensive database of PTAs in force and a detailed matrix of world trade. He shows that total trade between PTA partners is a … to one-third of global trade in 2000-02, the latter was between one-sixth and one-tenth of world trade. His gravity model …
Persistent link: https://www.econbiz.de/10012747946
In the mid-2000s, the production of hearing aids shifted almost entirely to 3D printing. Using difference-in-differences and synthetic control methods, this paper examines the effects of this shift on trade flows. The analysis finds that trade increased roughly 60 percent following the...
Persistent link: https://www.econbiz.de/10012859518
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012840241
sizes around the world. The case of pallets is examined to illustrate the impact of multiplicity of standards on trade costs …. We select this case because pallets are used all around the world, pallet standards are not too sophisticated, and data … because of the lack of rental and exchange pallet markets. To mitigate the costs of this multiplicity of standards, the World …
Persistent link: https://www.econbiz.de/10012971036
the world urgently need to see the big picture if they are to deal with the specific challenges and opportunities they …
Persistent link: https://www.econbiz.de/10012973755
Services trade constitute roughly one-third of trade on a value added basis, and much of this is concentrated in margin services (transport, logistics) linked to trade in goods. However, producer services are also part of the value added contained in traded goods. This is especially true in high...
Persistent link: https://www.econbiz.de/10012974434
commodities and differentiated products. This methodology is applied to six developing countries, one from each World Bank region …
Persistent link: https://www.econbiz.de/10012974830
This paper compares the impact of distance, a standard proxy for trade costs, on eBay and offline international trade flows. It considers the same set of 62 countries and the same basket of goods for both types of transactions, and finds the effect of distance to be on average 65 percent smaller...
Persistent link: https://www.econbiz.de/10012974860
playing field' would be ineffective and result in destructive conflicts in the World Trade Organization. Lack of progress at …
Persistent link: https://www.econbiz.de/10012974889
The 1990's dealt a blow to traditional Heckscher-Ohlin analysis of the relationship between trade and income inequality, as it became clear that rising inequality in low-income countries and other features of the data were inconsistent with that model. As a result, economists moved away from...
Persistent link: https://www.econbiz.de/10012975846