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accumulation, and trade in financial assets. The model is calibrated to match Colombian exporter dynamics, sectoral trade openness … predicts much larger gains from these reforms than models that abstract from exporter dynamics, sectoral heterogeneity, trade …
Persistent link: https://www.econbiz.de/10014322766
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …
Persistent link: https://www.econbiz.de/10012287974
distributions - affects trade patterns along both the extensive and intensive margin. The idea that similarity of demand structures … intensifies trade goes back to the well-known Linder hypothesis. Based on a sample of 102 countries, I find that bilateral trade … range of incomes for which two distributions overlap - and document that both are important determinants of bilateral trade …
Persistent link: https://www.econbiz.de/10009747290
Persistent link: https://www.econbiz.de/10011719938
Persistent link: https://www.econbiz.de/10001508379
Persistent link: https://www.econbiz.de/10012429308
This paper reexamines the design of the optimal lockdown strategy by paying attention to its robustness to the postulated social welfare criterion. We first characterize optimal lockdown under utilitarianism, and we show that this social criterion can, under some conditions, imply a COVID-19...
Persistent link: https://www.econbiz.de/10012313558
zeigt, dass ein tiefgreifendes Handelsabkommen(Transatlantic Trade and Investment Partnership, TTIP), welches auch nicht …, which analyzes the dimensions and impact of a free trade agreement between the USA and the EU. Accordingly, a comprehensive … free trade agreement (Transatlantic Trade and Investment Partnership, TTIP) between the two regions, which includes a …
Persistent link: https://www.econbiz.de/10010511685
helping these countries to take advantage of trade opportunities and to reap the benefits of their integration into the world …Trade promotes economic growth, alleviates poverty and helps countries reach their development goals. However …, developing countries – in particular the least developed – face difficulties in making trade happen and turning trade into …
Persistent link: https://www.econbiz.de/10013113225
The European Union and Japan have recently launched negotiations about a bilateral free trade agreement as means of … economic stimulation, with trade as a driving force to create growth and wealth. Since customs duties are already low, the … to shed light on two possible liberalization scenarios, a less ambitious and a comprehensive trade liberalization. In …
Persistent link: https://www.econbiz.de/10009764931