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This article aims to develop an analysis of the regulatory coherence of theme related to technical barriers to trade (TBT) and sanitary and phytosanitary measures (SPS) of the Trans-Pacific Partnership Agreement (TPP). The work outlines the rights and obligations of those most relevant chapters,...
Persistent link: https://www.econbiz.de/10011818810
The WTO TBT Agreement obliges governments to use international standards as a basis for regulation, yet leaves a degree of flexibility with respect to the choice of standard, and the manner of its use. This interplay between obligation and flexibility has given rise to tension in various fora of...
Persistent link: https://www.econbiz.de/10010326819
For more than forty years, the gravity equation has been a workhorse for cross-country empirical analyses of international trade flows and, in particular, the effects of free trade agreements (FTAs) on trade flows. However, the gravity equation is subject to the same econometric critique as...
Persistent link: https://www.econbiz.de/10010397684
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … quantification based on countries observed degrees of openness, tariff revenues, and on the gravity elasticities of tariffs and …
Persistent link: https://www.econbiz.de/10010292713
We undertake a trade-growth accounting exercise by decomposing data on changes in bilateral international trade flows into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect components (general equilibrium effects). Furthermore,...
Persistent link: https://www.econbiz.de/10011451451
We propose a structural alternative to the Economic Complexity Index (ECI, Hidalgo and Hausmann 2009; Hausmann et al. 2011) that ranks countries by their complexity. This ranking is tied to comparative advantages. Hence, it reveals information different from GDP per capita on the deep underlying...
Persistent link: https://www.econbiz.de/10012623197
This paper shows how gains from trade are conditioned by love of variety, defined as the extent to which an additional product variety generates benefits in either final or intermediate consumption. We develop a multi-country, multi-sector gravity trade model where love of variety is...
Persistent link: https://www.econbiz.de/10012799760
This article provides a review of literature on African Agency and the drivers of change within EU–African trade politics in negotiations on Economic Partnership Agreements between the European Union and African governments.
Persistent link: https://www.econbiz.de/10011327898
political actors, is having significant and far-reaching impact on the world economy. Notwithstanding the increasing amount of …
Persistent link: https://www.econbiz.de/10010284701
Even if traders adapt to technical regulations and standards in an export market, they still must prove compliance by undergoing conformity assessment procedures (CAPs), such as testing, inspection, or certification. Duplication, delays or discrimination in CAPs can significantly increase trade...
Persistent link: https://www.econbiz.de/10011509084