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Agriculture including food products is of particular interest for Ukraine. However, in free trade agreements involving the European Union, agriculture is always given special treatment and subject to less and slower liberalization than other sectors. This paper employs the standard Global Trade...
Persistent link: https://www.econbiz.de/10011394558
Agriculture including food products is of particular interest for Ukraine. However, in free trade agreements involving the European Union, agriculture is always given special treatment and subject to less and slower liberalization than other sectors. This paper employs the standard Global Trade...
Persistent link: https://www.econbiz.de/10012976599
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Applied general and partial equilibrium models are widely used tools for ex ante analysis of trade policy changes. However, simulation results seem to exhibit significant variation across publications, and the often criticised 'black box' character of applied trade models makes meaningful...
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Analysis of price transmission in transition countries is often complicated by unstable policy environments. We use a Markov-switching vector error-correction model (MSVECM) to model multiple regime shifts in the relationship between wheat and wheat flour prices in Ukraine from June 2000 to...
Persistent link: https://www.econbiz.de/10012562364
We perform a meta-analysis of 110 studies that report simulated global welfare gains from trade liberalization under the WTO Doha Development Agenda (DDA) to test for hidden, author-specific model specification effects. We find that after controlling for other factors that influence simulation...
Persistent link: https://www.econbiz.de/10014158773