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Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011386602
This paper draws on a general equilibrium poisson pseudo maximum likelihood model augmented by a dynamic capital accumulation to estimate the effects of the African Continental Free Trade Agreement (AfCFTA) on intra-African trade flows. The empirical results show that the AfCFTA could raise...
Persistent link: https://www.econbiz.de/10012805624
The Trans-Pacific Partnership (TPP) agreement as originally announced in October 2015 was undoubtedly the largest regional trade accord in history and, if approved, could have set new terms for the nearly US $28 trillion in trade and business investment between the parties to the deal. But the...
Persistent link: https://www.econbiz.de/10011770295
The Trans Pacific Partnership was set to be the world's largest and most comprehensive FTA linking 12 countries on both sides of the Pacific. In a major turnaround, late January 2017, USA-one of the major trading partners to the region announced its decision to withdraw from it. Four of the...
Persistent link: https://www.econbiz.de/10011770322
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This study evaluates the economic impact of the proposed COMESA-SADC-EAC Tripartite Free Trade Area (TFTA) on 26 African countries. It uses the Global Trade Analysis Project (GTAP) computable general equilibrium (CGE) model and database to measure the static effects of the establishment of the...
Persistent link: https://www.econbiz.de/10011845376
This paper analyzes the impact of the Canada-Korea Free Trade Agreement on the basis of the published text and agreed schedule of commitments. We find that the Agreement reinforces existing patterns of comparative advantage between Canada (agriculture and resource-based sectors) and Korea (autos...
Persistent link: https://www.econbiz.de/10011568393
This paper investigates the potential economic effect of "Indo-Pacific" regional economic cooperation and compares with the extended CPTPP. The Computable General Equilibrium (CGE) results show that the quadrilateral alliance between the United States, Japan, Australia, and India shows although...
Persistent link: https://www.econbiz.de/10012256640
Purpose: The purpose of this work is to confront the social expectations of the TTIP, and how it effects the so-called “expert knowledge”. Defining a mismatch between the social expectations and expert knowledge may contribute to better understanding of the controversies related to the TTIP....
Persistent link: https://www.econbiz.de/10011824345