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challenge, this article focuses on sand exports from developing countries in Southeast Asian to Singapore as a prominent example … extraction to a large extent, while the economic costs are small for Singapore and slightly positive for the Southeast Asian sand … policy can help sustainably balance Singapore's economic growth with Southeast Asia's economic development. …
Persistent link: https://www.econbiz.de/10011957149
This paper studies the relationship between trade policy and food prices. We show that, when individuals are loss averse, governments may use trade policy to shield the domestic economy from large food price shocks. This creates a complementarity between the price of food in international...
Persistent link: https://www.econbiz.de/10013021787
contrast, Japan's FDI in the services sectors in ASEAN is growing rapidly. The recent phenomenon of the Singapore Shift in … establish a commercial presence in Singapore, which they expect to be the hub of Southeast Asia, thereby enabling them to supply … services to the entire ASEAN region. The magnitude of the Singapore Shift varies for every services sub-sector. By comparing …
Persistent link: https://www.econbiz.de/10013128725
contrast, Japan's FDI in the services sectors in ASEAN has been growing rapidly. The recent phenomenon of the Singapore Shift … establish a commercial presence in Singapore, which they expect to be the "hub" of Southeast Asia, thereby enabling them to … supply services to the entire ASEAN region. The magnitude of the Singapore Shift varies for every services sub-sector. By …
Persistent link: https://www.econbiz.de/10008907793
This paper sets up a model of trade, in which two countries with differing levels of technology specialize in the production of sub-stages of the global value chain. In the open economy, the technologically backward country exports intermediates in exchange for imports of a homogeneous...
Persistent link: https://www.econbiz.de/10013465726
Economic theory suggests that countries' tariff commitments in trade agreements reflect their import market power at the time of negotiations. However, as countries grow, their market power in different sectors can change in unforeseen ways and their commitments may no longer reflect changed...
Persistent link: https://www.econbiz.de/10013465908
International economic sanctions have become increasingly important as alternatives to military conflict since the end of the Cold War. This chapter surveys various approaches to the study of economic sanctions in both the economics and international relations literatures. Sanctions may be...
Persistent link: https://www.econbiz.de/10014024402
This study explores the influence of trade policy uncertainty on medical innovation investment in developing nations from 1980 to 2020, with a focus on the period of COVID-19. We used exogenous and heterogeneous exposure to trade-policy-uncertainty resolutions from developing countries' trade...
Persistent link: https://www.econbiz.de/10013493154
All WTO members participate in the Trade Facilitation Agreement (TFA), a rules-based bottom-up approach built on monitorable provisions (e.g. the publication of information, advance rulings, appeal or review of decisions, transparency, and border agency cooperation) aimed at reducing time in...
Persistent link: https://www.econbiz.de/10014343008
This paper provides a first comprehensive quantitative analysis of optimal patent policy in the global economy. We introduce a new framework, which combines trade and growth theory into a tractable tool for quantitative research. Our application delivers three main results. First, the potential...
Persistent link: https://www.econbiz.de/10014431300