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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
From its inception, the Penn World Tables (PWT), building on the International Comparisons Program (ICP)of the United …
Persistent link: https://www.econbiz.de/10012747809
The authors examine empirically how domestic structural characteristics related to openness and product- and factor-market flexibility influence the impact that terms-of-trade shocks can have on aggregate output. For this purpose, they apply an econometric methodology based on semi-structural...
Persistent link: https://www.econbiz.de/10012747888
Suppose that when addressing the question of ?what?s left for the WTO?,? tariff negotiators relied not on the agenda established in 2001 but instead on the terms-of-trade theory of trade agreements to identify negotiating priorities. This paper uses the lens of the terms-of-trade theory to...
Persistent link: https://www.econbiz.de/10012936698
The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried trade liberalization as far as it can manage, and...
Persistent link: https://www.econbiz.de/10012937212
This paper uses the dramatic expansion of access to the Internet in China to analyze the impact of the Internet on firm … econometric strategy enables identifying the impact of the Internet on firm performance in China. The paper shows that the rollout … of the Internet boosted manufacturing exports of firms in China, even before the rise of major e-commerce platforms in …
Persistent link: https://www.econbiz.de/10012931905
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