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In 2015, the African Union launched negotiations to establish African Free Trade Agreement named AfCFTA (African Continental Free Trade Area). In this study, we pointed out the importance of the services sector in intra-African trade. It examines the effects of AfCFTA on intra-African trade in...
Persistent link: https://www.econbiz.de/10013224794
This chapter provides an overview of the first two decades of the Global Trade Analysis Project (GTAP) an effort to support a standardized database and computable general equilibrium (CGE) modeling platform for international economic analysis. It characterizes GTAP in four different dimensions:...
Persistent link: https://www.econbiz.de/10014025279
Purpose – The purpose of this study was to investigate market power of soybeans exported by the United States to Korea …. Particularly, this paper considered dichotomous characteristics of genetically modified (GM) soybeans and non-GM soybeans and … soybean trade. Design/methodology – The difference in market power between GM and non-GM soybeans was analyzed using Residual …
Persistent link: https://www.econbiz.de/10012844733
This paper aims to determine the role of EU in Turkey's trade flows by using the gravity model. It also aims to test whether the Customs Union (of EU) that Turkey entered in 1996 made a deviation in Turkey's trade flows. Regional trade agreements on the one hand create new trade opportunities...
Persistent link: https://www.econbiz.de/10003790558
Cultural, institutional, and psychic distances between countries are critical determinants of bilateral trade. In this paper we examine if ethical distance and difference between an exporting country and an importing country matter in international trade. Ethics in international trade is...
Persistent link: https://www.econbiz.de/10009487843
It has sometimes been argued that "globalization" benefits only a small number of countries, and that this leads to greater marginalization of excluded countries. This paper argues that globalization is not necessarily biased towards greater concentration in international trade and investment...
Persistent link: https://www.econbiz.de/10010229107
Persistent link: https://www.econbiz.de/10013068347
With ever-increasing political tensions between China and Russia on one side and the EU and the USA on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with...
Persistent link: https://www.econbiz.de/10013162407
Despite recent modifications, the Economic Partnership Agreement (EPA) between the European Union (EU) and West African (WA) countries is still being criticized for its potential detrimental effects on WA countries. This paper provides updated evidence on the impact of the EPA on these...
Persistent link: https://www.econbiz.de/10012961401
In February 2016, twelve Pacific Rim countries signed the agreement on the Trans Pacific Partnership (TPP), one of the largest and most comprehensive trade deals in history. While there are several estimates of the likely effects of the TPP, there is no systematic study on the effects on all...
Persistent link: https://www.econbiz.de/10012977870