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We use the Michigan Model of World Production and Trade to assess the economic effects of the Free Trade Area of the Americas (FTAA) that is currently being negotiated among the 34 countries in the region. The model covers 18 economic sectors in each of 22 countries/regions and is based on...
Persistent link: https://www.econbiz.de/10005357206
Standard political economy analysis suggests that, in China and India, as in other countries, domestic producers … promotes growth? How have WTO rules so far affected the ability of India and China to promote growth in these respects? This … essay examines the constraints that the WTO may impose on China and India as they engage in industrial policy towards …
Persistent link: https://www.econbiz.de/10014056532
This paper develops a method to measure difficulties in market access over a large set of countries (both developing and developed) and industries, during the period 1980-2006. We use a micro-founded heterogeneous-consumers model to estimate the impact of national borders on global and regional...
Persistent link: https://www.econbiz.de/10013112665
, namely the People's Republic of China (PRC) and India. The paper also discusses the reforms of institutional (domestic and … International Monetary Fund, and the Group of 20. The impacts of the 2008-2009 financial crisis on the PRC and India are noted and …
Persistent link: https://www.econbiz.de/10013082540
The aim of the research presented in this paper is to assess the competitive potential of Polish agriculture (potential competitiveness) and the competitive position of the Polish agri-food sector on the Single European Market (SEM) with reference to the global context. The conducted research...
Persistent link: https://www.econbiz.de/10013234992
Global trade has been exceptionally weak over the past four years. While global trade grew at approximately twice the rate of GDP prior to the Great Recession, the ratio of global trade to GDP growth has declined to about unity since 2012. This paper assesses to what extent the change in the...
Persistent link: https://www.econbiz.de/10012983093
This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using global input-output matrices, we construct four different tariff measures that capture the direct and indirect exposure to tariffs at different stages of the production chain for...
Persistent link: https://www.econbiz.de/10013295005
The concept of globalization refers to the growing interdependence of countries, resulting from the increasing integration of trade, finance, investments, labor markets and ideas in one global marketplace. The most important elements of this process are the international trade and the...
Persistent link: https://www.econbiz.de/10014209166
Persistent link: https://www.econbiz.de/10005062803
This paper examines the export experience of China and other East Asian economies in the aftermaths of the global financial crisis against the backdrop of pre-crisis trade patterns. The analysis is motivated by the decoupling' thesis, which was a popular theme in the Asian policy circles in the...
Persistent link: https://www.econbiz.de/10011374391