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This paper examines the impact of major disasters on trade flows using a gravity model(170 countries, 1962-2004). As a conservative estimate, an additional disaster reduces imports on average by 0,2% and exports by 0.1%. Despite the apparent persistence of bilateral trade volumes, the impact of...
Persistent link: https://www.econbiz.de/10005731495
This paper examines the impact of major disasters on import and export flows using a gravity model (170 countries, 1962-2004). As a conservative estimate, an additional disaster reduces imports on average by 0.2% and exports by 0.1%. Despite the apparent persistence of bilateral trade volumes,...
Persistent link: https://www.econbiz.de/10008681934
In this paper we examine the impact of major disasters on international trade flows using a gravity model. Our panel data consists of more than 170 countries for the years 1962-2004 yielding approximately 300,000 observations. We find that the driving forces determining the impact of such events...
Persistent link: https://www.econbiz.de/10011115043
Anfang Dezember 2013 einigten sich die Mitgliedsländer der WTO auf ein neues Welthandelsabkommen. Gabriel Felbermayr, ifo Institut und Universität München, sieht einen Anpassungsbedarf der WTO an die neue Gemengelage in der Weltwirtschaft, da in Zukunft immer häufiger in regionalen Abkommen...
Persistent link: https://www.econbiz.de/10010877462
We analyze whether preferential trade agreements (PTAs) affect the incidence and pattern of antidumping (AD) filings. We estimate AD provisions in PTAs have decreased the incidence of intra-PTA AD cases by 33-55% and have increased the number of AD actions against non-PTA members by 10-30%. The...
Persistent link: https://www.econbiz.de/10008531888
Rising current account and merchandise trade imbalances marked the years before the global financial and economic crisis. These imbalances either contributed to or precipitated the crisis and to the extent that they create systemic risks, it is desirable that they be reduced. There are many...
Persistent link: https://www.econbiz.de/10010602005
Using a significantly larger panel of countries than previous studies, we find strong confirmation that macroeconomic factors (real GDP growth and changes in the real effective exchange rate) affect the frequency of anti-dumping investigations. A reduction in real GDP growth or a depreciation of...
Persistent link: https://www.econbiz.de/10008677441
We estimate the effects of trade facilitation on export diversification, as measured by two extensive margins: the number of products exported by destination and the number of export destinations served by product. To address the issue of causality, we employ an identification strategy whereby...
Persistent link: https://www.econbiz.de/10011133729
We estimate the effects of trade facilitation on the extensive margins of trade. Using OECD Trade Facilitation Indicators - which closely reflect the Trade Facilitation Agreement negotiated at the Bali WTO Ministerial Conference of December 2013 - we show that trade facilitation in a given...
Persistent link: https://www.econbiz.de/10011114995
This paper maps and examines the provisions on anti-dumping, countervailing duties and safeguards in seventy-four regional trade agreements (RTAs). The RTAs vary in size, degree of integration, geographic region and the level of economic development of their members. The key policy concern of...
Persistent link: https://www.econbiz.de/10011115028