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This paper explores the economic impacts of preferential trade agreements, conditional on their level of ambition. We … cluster 278 agreements, encompassing 910 provisions over 18 policy areas and estimate the trade elasticity for the different …, revealing that deepening existing agreements (the intensive margin of regional integration) could boost world trade by 5 percent …
Persistent link: https://www.econbiz.de/10012801551
Geography, economic size, or common history, help predicting signed regional trade agreements (RTAs). However, not all … two mechanisms addressed in this paper. We estimate the time-varying probability for a country pair to sign a trade …
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We revisit competitiveness issues using recent data and show that the global financial crisis has taken a toll on European producers that before 2007 were maintaining their market positions. The EU competitiveness in goods has recently deteriorated, even in the upper and high-tech segments of...
Persistent link: https://www.econbiz.de/10010827764
The link between regional integration and intra-industry trade (IIT) has been under scrutiny since it has been first … four de jure or de facto integration zones: the European Union, NAFTA, Mercosur and East Asia. Trade flows are classified … as inter- or intra-industry trade and IIT is broken down into horizontal and vertical components. Trade patterns for each …
Persistent link: https://www.econbiz.de/10011112588
We investigate the effects of the euro on French exporters. We build three margins corresponding to the decision of exporting, the number of products exported to each destination, and the average value of exports by product, that compose the expected value of exports of each individual firm on a...
Persistent link: https://www.econbiz.de/10005062881