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This paper investigates the impact of trade liberalization on firm productivity by using both Chinese manufacturing … productivity (TFP) by adopting an augmented Olley-Pakes (1996) semi-parametric methodology to correct the simultaneity bias from … increases productivity for firms that produce complex goods (highly differentiated products). In contrast, we found that trade …
Persistent link: https://www.econbiz.de/10013112899
liberalization on firm productivity by using both Chinese manufacturing firm-level data and highly disaggregated Chinese import data … over 1998-2002. For this purpose, I first calculate firm's total factor productivity (TFP) by adopting an augmented Olley …'s exit. After controlling for the endogeneity issue, trade liberalization is found to significantly boost firm's productivity …
Persistent link: https://www.econbiz.de/10014217299
The study attempts to identify the dynamic relationship between trade, income growth, energy consumption and CO2 emissions for Pakistan. Johansen’s Cointegration procedure has been employed to estimate the coefficients of the Cointegrated Vector Autoregressive model. The results reveal that...
Persistent link: https://www.econbiz.de/10011618828
We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is...
Persistent link: https://www.econbiz.de/10014164597
We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is...
Persistent link: https://www.econbiz.de/10014169199
Malaysian trade has been traced since the period of 1947 and she experienced great instability in its export earning due to the high degree of trade dependence in that time period. However this crisis eliminated and the economic development emerged when the government decided to diversify the...
Persistent link: https://www.econbiz.de/10014224178
South Africaś trade barriers are still relatively high compared to other emerging market economies, and its industrial policy still preferentially treats certain industries. Based on a static GTAP model, we estimate the economic impact of further trade liberalization on the South African...
Persistent link: https://www.econbiz.de/10010189321
The purpose of the paper is to discuss the effects of WTO accession on policy-making and institutional reforms in transition countries. This is done by looking at the experience of those transition countries which are already Members of the WTO. We start by examining the effect of accession on...
Persistent link: https://www.econbiz.de/10010211073
This paper provides an assessment of the potential economic impacts of the Vietnam-Korea free trade agreement on Vietnam, by using general equilibrium modeling. The results show that Vietnam-Korea FTA will increase aggregate welfare for both countries in the long run. The most important gains...
Persistent link: https://www.econbiz.de/10011764940
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