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The paper considers whether Sweden should join the EMU as based on general equilibrium (GE) effects through reduced … estimated in the paper, and the estimates of trade barriers linked to EMU reached in the literature. First, we present an … Swedish entrance into EMU. The effects are quite clearly in favour of EMU enlargement, and do not indicate a trade diver …
Persistent link: https://www.econbiz.de/10010326906
The paper considers whether Sweden should join the EMU as based on general equilibrium (GE) effects through reduced … effects reveals that there is a substantial uncer-tainty related to the effects of such a change in policies. -- EMU ; Sweden … estimated in the paper, and the estimates of trade barriers linked to EMU reached in the literature. First, we present an …
Persistent link: https://www.econbiz.de/10008938626
Much potential for trade liberalization exists in industries and markets with trade barriers that are prohibitive for all or many firms. In standard political economic theories of trade policy, observed prohibitive barriers must be globally optimal according to static government preferences,...
Persistent link: https://www.econbiz.de/10011284901
Much potential for trade liberalization exists in industries and markets with trade barriers that are prohibitive for all or many firms. In standard political economic theories of trade policy, observed prohibitive barriers must be globally optimal according to both individual and joint...
Persistent link: https://www.econbiz.de/10012943480
Multinational enterprises (MNEs) are increasingly dealing with challenges shaped by the new geopolitical and trade environments. Besides traditional tariffs, exporting firms need to comply with regulatory non-tariff measures (NTMs) in the form of technical barriers to trade (TBTs) and sanitary...
Persistent link: https://www.econbiz.de/10014450560
Does the common currency promote goods market integration within the EMU? We argue that such an effect is likely, but …
Persistent link: https://www.econbiz.de/10011546093
This study provides a decomposition of the WTO Global Trade Costs Index into five policy-relevant components: transport and travel costs; information and transaction costs; ICT connectedness; trade policy and regulatorydifferences; and governance quality. The WTO Global Trade CostsIndex is based...
Persistent link: https://www.econbiz.de/10012431235
We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity form, such that the extensive margin is also affected by...
Persistent link: https://www.econbiz.de/10013085999
Since firm heterogeneity has been introduced into international trade models, the importance of firm entry and exit (the extensive margin) has been highlighted. Thomas Chaney (2008) illustrates how accounting for heterogenous firms (and this extensive margin) alters the standard gravity...
Persistent link: https://www.econbiz.de/10009728955
This dissertation was prepared by Alexander-Nikolai Sandkamp, completed in September 2018 and first published online by LMU Munich in February 2019. It consists of four selfcontained chapters that empirically investigate different trade dampening phenomena using gravity analysis. The first two...
Persistent link: https://www.econbiz.de/10012484009