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Economic Community of West African States : Fiscal Revenue Implications of the Prospective Economic Partnership Agreement with the European Union
Zouhonbi, Simplice G - 2020
This paper applies a partial equilibrium model to analyze the fiscal revenue implications of the prospective economic partnership agreement between the Economic Community of West African States (ECOWAS) and the European Union. The authors find that, under standard import price and substitution...
Persistent link: https://www.econbiz.de/10012830035
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Measuring the Impacts of Global Trade Reform with Optimal Aggregators of Distortions
Laborde, David - 2017
Traditional weighted-average measures of trade distortions are widely used in analyzing global and regional reforms, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple countries and commodities with much more detailed...
Persistent link: https://www.econbiz.de/10012975999
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Comparison of Welfare Gains in the Armington, Krugman and Melitz Models : Insights from a Structural Gravity Approach
Balistreri, Edward Jay - 2018
How large are the estimated gains from trade from a reduction in trade costs in the heterogeneous firms Melitz (M) model compared with the Armington (A) and Krugman (K) models? Surprisingly little is known beyond the one-sector model. This paper analyzes this question using a global trade model...
Persistent link: https://www.econbiz.de/10012911430
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The Intensive Margin in Trade
Fernandes, Ana M. - 2018
Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting firms (the extensive margin) or in the average size of an exporter (the intensive margin)? And how does this affect the estimation and quantitative implications of the Melitz (2003)...
Persistent link: https://www.econbiz.de/10012908917
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Robots, Tasks and Trade
Artuc, Erhan - 2019
This paper examines the effects of robotization on trade patterns, wages and welfare. It develops a Ricardian model with two-stage production and trade in intermediate and final goods in which robots can take over some tasks previously performed by humans in a subset of industries. An increase...
Persistent link: https://www.econbiz.de/10012896809
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The Impact of Regional Trade Agreements and Trade Facilitation in the Middle East and North Africa Region
Dennis, Allen - 2016
The Middle East and North Africa (MENA) region's trade performance over the past two decades has been disappointing. Efforts to boost trade through a plethora of regional trade agreements (RTAs) are underway. This study examines the potential contribution of regional trade agreements, as well as...
Persistent link: https://www.econbiz.de/10012748089
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Korea's Growth Experience and Long-Term Growth Model
Jeong, Hyeok - 2017
This paper analyzes the Republic of Korea's rapid and sustained growth experience for the past six decades from the … perspective of the neoclassical growth model (the workhorse model of the World Bank?s Long Term Growth Model (LTGM) project …). Overall, the sources of Korea's growth were balanced among labor market and demographic factors, capital investment, human …
Persistent link: https://www.econbiz.de/10012943809
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Are Cities the New Growth Escalator?
Moretti, Enrico - 2017
Urban areas tend to have much more productive labor and higher salaries than rural areas, and there are vast differences across urban areas. Areas with high salaries and high productivity tend to have employers that invest in much more research and development than areas with low salaries and...
Persistent link: https://www.econbiz.de/10012973209
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Trade Integration, Export Patterns, and Growth in Sub-Saharan Africa
Calderón, César - 2020
This paper examines systematically the growth effects of trade integration in Sub-Saharan Africa. It complements and …- and intra-regional). Second, it estimates the impact of trade integration on economic growth and its sources, that is …, capital accumulation and total factor productivity growth. The analysis finds causal evidence that trade integration fosters …
Persistent link: https://www.econbiz.de/10012842774
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The Global Trade Slowdown : Cyclical or Structural?
Constantinescu, Cristina - 2018
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses … results suggest that trade is growing slowly not only because of slow growth of gross domestic product, but also because of a …
Persistent link: https://www.econbiz.de/10012937557