The global economic crisis in 2008 triggered a debate about increasing protectionism. Global leaders are increasingly under pressure to protect their domestic industries. The scope to increase tariffs is rather limited under the WTO regulations. In this study we analyze whether the latter...

The negotiations between Japan and the EU over a free trade agreement are taking place during times in which global economic integration is increasingly questioned. With TTIP on hold and TTP no longer pursued by the US, a successful trade deal between two leading economic powers such as Japan...

We employ theory-grounded sectoral gravity models to estimate the effects of various steps of European product market integration on trade flows. We embed these estimates into a static Ricardian quantitative trade model featuring 43 countries and 50 goods and services sectors. Paying attention...

Das am 26. März 1995 in Kraft gesetzte Schengener Abkommen hat einen Europäischen Binnenraum der Personenfreizügigkeit geschaffen und damit ein beispielloses kontinentales Integrationsziel erreicht. Die Bedrohung durch globalen Terrorismus sowie ein starker Anstieg der Flüchtlingszahlen in...

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)....

Am 28. Februar berichtete die Frankfurter Allgemeine Zeitung »In Deutschland driften die Regionen wirtschaftlich immer mehr auseinander«. Als Beleg dafür wurde eine Graphik angeführt, die einen solchen Trend auf Basis von zwei Datenpunkten – den Extrema der Verteilung – charakterisieren...

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, featuring multiple sectors, input-output linkages, services...