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The present study works out the relative benefits/losses of India aligning with RCEP and BRICS member countries under … with both policy scenarios. The results reveal that it would be beneficial for India to align with other RCEP member … countries under the policy of free trade area in goods trade. If India wants to join BRICS FTA in the near future then it must …
Persistent link: https://www.econbiz.de/10011526824
negotiated between the EU and the U.S. on the economies of Brazil, Russia, India, China and South Africa (BRICS). The BRICS is … BRICS is expected to gain from the TTIP a slight additional increase in the real GDP. Brazil, India, China and South Africa …, while it will be a trade-diverting FTA to Brazil, India, China, South Africa and Japan …
Persistent link: https://www.econbiz.de/10012956716
concerning the impact on India of the likely outcome of the TPP and TTIP in respect of market regulation. Both tariff and NTB … reductions associated with TPP/TTIP as well as the rise in standards have an overall negative effect on India. Compliance with … labour standards is the most costly scenario for India. On the other hand, not complying with the emerging global standards …
Persistent link: https://www.econbiz.de/10013003154
Does "infant industry" preferential access durably boost export performance? This paper exploits significant trade policy changes in the United States (US) to address this question. The expansion of Generalized System of Preferences (GSP) products for less developed countries in 1997 and the...
Persistent link: https://www.econbiz.de/10012866374
Many different approaches have developed for the evaluation of non-tariff measures (NTMs) and free trade agreements (FTAs). Moving on from models using simple dummy variables, today a range of databases can capture different aspects of NTMs and FTAs. Some assess the depth of FTAs by extracting...
Persistent link: https://www.econbiz.de/10012262387
Does "infant industry" preferential access durably boost export performance? This paper exploits significant trade policy changes in the United States (US) to address this question. The expansion of Generalized System of Preferences (GSP) products for less developed countries in 1997 and the...
Persistent link: https://www.econbiz.de/10012024617
We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy. In particular, we apply the most recent data and trade elasticity estimates to the Ricardian model of Caliendo...
Persistent link: https://www.econbiz.de/10011936540
Did the 2018/19 US-China trade war trigger adjustment of Global Value Chains (GVCs) and nearshoring to Mexico? We address this question with confidential longitudinal firm-level trade data from Mexico that covers the universe of international trade transactions over 2015-2021. By merging the...
Persistent link: https://www.econbiz.de/10014340112
Stagnating globalisation, the possible weaponisation of dependencies by autocracies, and US-China tensions threaten to disrupt Germany's export-driven economic model. But German efforts to 'derisk' that model remain underdeveloped, as does its policy toolkit. Germany's most important trade...
Persistent link: https://www.econbiz.de/10014486976
We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal tariff cuts that hold terms of trade fixed and investigating their labor-market impacts. We provide closed-form expressions mapping reciprocal tariff cuts to labor market...
Persistent link: https://www.econbiz.de/10015056161