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Rules of origin differ among overlapping free trade agreements, raising firm compliance costs, discouraging utilization of trade preferences, and hindering regional value chains. Using a unique dataset comparing the restrictiveness of product-specific rules of origin (PSRO) between the Regional...
Persistent link: https://www.econbiz.de/10014465200
suffer. More than the loss in trade, China will experience substantial welfare loss due to all of allocative inefficiency …, worsening terms of trade and endowment effect. Of these, worsening terms of trade explain the largest part of welfare loss to … the country. With the withdrawal of the USA from the deal, China’s trade with the region and its welfare is likely to …
Persistent link: https://www.econbiz.de/10011770295
would affect the overall growth and welfare of each of the TPP-ASEAN countries. For this purpose, the study separately … input-augmenting technological change. Results of the study show that all of the TPP-ASEAN members enjoy a welfare gain and …
Persistent link: https://www.econbiz.de/10011770322
welfare estimates that treat all firms within an industry as homogeneous with more recent CGE analyses that allow firms …
Persistent link: https://www.econbiz.de/10011764996
equilibrium trade model, the impact of the selected trade policy instruments on trade and welfare of the EU as well as Austria is …
Persistent link: https://www.econbiz.de/10014464823
EU and twelve countries of the Middle East and North Africa (MENA) engaged in 1995 in the Euro-Mediterranean Partnership (EMP) in political, economic and cultural matters with the aim to foster cooperation, stability, and prosperity around the Mediterranean Basin. The Economic and Financial...
Persistent link: https://www.econbiz.de/10010293513
This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady-state properties and the transitory dynamics of integrated economies. Income...
Persistent link: https://www.econbiz.de/10010294524
The paper explores regional trade integration of the countries involved in the EU eastward enlargement (EU-25) processes distinguishing the possible regional trade clusters within EU-25 that may support integration of the EU-15 and the new member states. We examine whether the gravity equation...
Persistent link: https://www.econbiz.de/10010295460
The paper aims to explore international trade flows of the countries involved in the EU eastward enlargement processes – the current EU members (EU15) and the candidate countries (CC12). The empirical results of the study allow us to conclude that the behaviour of bilateral trade flows within...
Persistent link: https://www.econbiz.de/10010295475
Using the border effect approach, our paper examines the influence of the legal framework quality of the Central and Eastern European countries on international trade. This approach offers an evaluation of the borders' impact on trade. A market is fragmented when actual trade differs from the...
Persistent link: https://www.econbiz.de/10010295523