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The last two decades have witnessed a tremendous increase in global trade and investments. This has been followed by a shift in the pattern of FDI inflow, which had gradually become more favorable to the developing countries. Consequently, this resulted in an increase in competition among...
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Recent evidence suggests that despite opening up a country for trade, the productivity gap between developed and emerging economies often does not close. This paper examines credit constraints as one channel held responsible for hampering convergence. Specifically, we extend a Melitz and...
Persistent link: https://www.econbiz.de/10010333786
We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low marginal cost. The model can explain many of the...
Persistent link: https://www.econbiz.de/10010333860
The United States of America is the top trading partner of the Philippines and also the top destination of highly skilled and professional Filipino workers. This paper explores the possibility of a free trade agreement (FTA) that covers the asymmetries of the two countries in labor, services and...
Persistent link: https://www.econbiz.de/10011429833
The impact of the Japan-Philippine Economic Agreement(JPEPA) can be enriched by providing a regional dimension in its … macro-analysis. Cebu-Japan cooperation largely hinges on Cebu's economic competitiveness which manifests itself through its … exchange loss, driven by the balance of trade deficit between Cebu and Japan, and the foregone corporate income taxes were …
Persistent link: https://www.econbiz.de/10011429770
Agriculture is a sensitive issue for both the Philippines and Japan. Thus, promoting economic cooperation cannot be a … concessions in other industries/sectors, e.g., retirement, contract workers, etc. Japan's tariff rates are lower than the …
Persistent link: https://www.econbiz.de/10011429774
agendas are on the rise, the EU and Japan signed an Economic Partnership Agreement (EPA) on 17 July 2018. It is the most … ambitious agreement of the EU with any Asian state. The study estimates the effect of the EU-Japan EPA for Austria based on …
Persistent link: https://www.econbiz.de/10012643998
Within the context of the ASEAN Economic Community (AEC) Scorecard mechanism developed by the ASEAN Secretariat to monitor the implementation of the AEC Blueprint, the study focuses on the current state, performance and impact of investment liberalization and facilitation, trade facilitation,...
Persistent link: https://www.econbiz.de/10011421185