We estimate that the euro has increased trade within the eurozone by about 26 per cent and trade between the eurozone and outsiders by about 12 per cent on average for the years 2002- 2005 compared to 1995-1998. The percentage increases were smaller for products that were exported every year...

Helpman, Melitz and Rubinstein (2008) derive gravity equations to estimate effects of trade barriers on the intensive and extensive margins of trade. They exploit the frequency of zeros in aggregate bilateral trade data to identify effects on the extensive margin and to obtain controls for firm...

The study shows that trade could play a positive role in the diffusion of environment-friendly technologies around the world and is backed up by the five case studies on chemical-intensive agriculture, deforestation, global warming, acid rain, and overfishing.

En s'appuyant sur cinq études de cas concernant l'agriculture intensive, la déforestation, le réchauffement de la planète, les pluies acides et la surpêche, elle montre que le commerce pourrait jouer un rôle positif dans la diffusion de technologies respectueuses de l'environnement dans le...

Professor Dan Ben-David of Tel Aviv University takes an in-depth look at the linkages between trade, economic growth, and income disparity among nations. Professor L. Alan Winters of the University of Sussex discusses the various channels by which trade may affect the income opportunities of...

Le professeur Dan Ben-David de l'Université de Tel Aviv présente un examen approfondi des liens entre le commerce, la croissance économique et la disparité des revenus entre les pays. Le professeur L. Alan Winters de l'Université du Sussex décrit les divers moyens par lesquels le commerce...

The paper investigates the role of global supply chains in explaining the trade collapse of 2008-2009 and the long-term variations observed in trade elasticity. Building on the empirical results obtained from a subset of input-output matrices and the exploratory analysis of a large and...

Commitments in regional trade agreements (RTAs) that fall short of the same countries' obligations under the General Agreement on Trade in Services (GATS) are a relatively frequent phenomenon. However, they have gone widely unnoticed in the literature to date and drawn very little attention in...

World trade and production are increasingly structured around “global value chains” (GVCs). The last years have witnessed a growing number of case studies describing at the product level how production is internationally fragmented, but there is little evidence at the aggregate level on the...

Many studies discuss the "de-industrialization" or "servicification" of economies in both developed and developing countries. Such studies rely on statistics that distinguish a manufacturing from a service sector. But in the age of global value chains (GVCs), it becomes increasingly difficult to...