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While the WTO process of multilateral trade liberalization encounters increasing resistance, in part because the most difficult issues have finally risen to the top of the agenda, market-based forces are contributing to international economic integration. One of the most potent are cross-border...
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shift from products made in a specific country to “made in the world”. To mark the 15th anniversary of the ITA, this …
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, calibrate it to the year 2000 using the World Input-Output Database, and perform a counterfactual analysis of China’s WTO … and for about 7% of the decline in this figure on the world level as observed between 2000 and 2007. Furthermore, our …
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added trade for 40 countries and the years 1995-2009 from the World Input-Output database. With WIOD and tariff data, we …
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-12% of the decrease in the world DVA ratio as observed between 2000-2007. For China, the counterfactual experiment robustly …
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