Showing 1 - 10 of 173
The Schengen Agreement has guaranteed unchecked travel across internal EU borders since 1995. Has it also facilitated …
Persistent link: https://www.econbiz.de/10011455888
particular, the EU's eastward enlargement or the EU-Korea trade agreement have lowered the UK's outward trade costs only … the UK from EU agreements resulting into a return of trade costs to the situation quo ante. We make this point with the … with other papers, the welfare costs of Brexit are higher in the UK than in most other EU countries. However, the …
Persistent link: https://www.econbiz.de/10011933707
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...
Persistent link: https://www.econbiz.de/10011450770
Cultural proximity increases bilateral trade flows through a trade-cost and a bilateral-affinity (preferences) channel. Conventional measures of cultural proximity, such as common language, common religion, etc., do not allow to separately quantify those channels empirically. We argue that...
Persistent link: https://www.econbiz.de/10003636664
Trade economists traditionally study the effect of lower variable trade costs. While increasingly important politically, technical barriers to trade (TBTs) have received less attention. Viewing TBTs as fixed regulatory costs related to the entry into export markets, we use a model with...
Persistent link: https://www.econbiz.de/10011347048
When, about twenty years ago, the Euro was created, one objective was to facilitate intra‐European trade by reducing transaction costs. Has the Euro delivered? Using sectoral trade data from 1995 to 2014 and applying structural gravity modeling, we conduct an ex post evaluation of the European...
Persistent link: https://www.econbiz.de/10011987554
When two countries conclude a free trade agreement (FTA), they define rules of origin (RoOs) to determine whether a product is eligible for preferential treatment. RoOs exist to avoid that exports from third countries enter the FTA through the member with the lowest tariff (trade deflection)....
Persistent link: https://www.econbiz.de/10011804185
This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal … that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model … econometric ex-post analysis of a related FTA, the one between the EU and Korea, in force since 2011, to approximate the expected …
Persistent link: https://www.econbiz.de/10011903006
Trade economists traditionally study the effect of lower variable trade costs. While increasingly important politically, technical barriers to trade (TBTs) have received less attention. Viewing TBTs as fixed regulatory costs related to the entry into export markets, we use a model with...
Persistent link: https://www.econbiz.de/10003636442
Persistent link: https://www.econbiz.de/10014336497