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How do international economic agreements influence the investment patterns of firms from emerging economies? This paper studies the ways in which bilateral investment treaties and preferential trade agreements interact with geographic and cultural distance to influence firms' investment...
Persistent link: https://www.econbiz.de/10012901103
This paper focuses on the institutional arrangements needed for facilitating regional electricity cooperation. The paper begins by discussing the theory of international trade cooperation in electricity, with a view to discussing what preconditions might be important in facilitating wide area...
Persistent link: https://www.econbiz.de/10012973054
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
As free trade areas have proliferated and statutory tariffs have been dramatically reduced in recent decades, non-tariff barriers (NTBs) to international trade have risen in importance. Destination-specific product standards are one of the major types of NTBs as they impose additional costs on...
Persistent link: https://www.econbiz.de/10012975976
Standards have become an increasingly important dimension in global trade. Without the capacity to meet the growing body of standards, producers may either have difficulty in entering global markets, or be relegated to unprofitable and low-margin niches. This paper overviews the history of...
Persistent link: https://www.econbiz.de/10012976413
countries but not necessarily with the rest of the world. Adopting a common standard in a region-that is, harmonization …
Persistent link: https://www.econbiz.de/10012749014
Using a comprehensive and proprietary data set on international private equity activity, this paper studies the determinants of buyout investments across 61 countries and 19 industries over 1990-2017. The study finds evidence that macroeconomic conditions, development of stock and credit...
Persistent link: https://www.econbiz.de/10012838894
and 10 areas that matter for development. Building on decade-long data collection by the World Bank Enterprise Surveys …
Persistent link: https://www.econbiz.de/10012906342
Recent data show that the institutional content of preferential trade agreements has evolved over time. Although pre-1990s preferential trade agreements mostly focused on tariff liberalization, recent agreements increasingly contain deep provisions in diverse areas, such as intellectual property...
Persistent link: https://www.econbiz.de/10012970742
Evidence shows that foreign direct investment can provide many benefits to host countries, including productivity improvements, better jobs, and knowledge transfer. Further, it can serve as a vehicle for transformation of domestic production and better integration with global value chains....
Persistent link: https://www.econbiz.de/10012970841