China's engagement in the so-called international fragmentation of production - namely cross-border dispersion of component production/assembly within vertically integrated manufacturing industries - has become an increasingly important form of its economic integration into the regional as well...

This paper aims to examine the effect of reducing the import tariffs of trading partners on total and individual exports of products from three countries of the Western Balkans and individually observed for each country. In order to investigate the potential effect, this paper applied the...

We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy. In particular, we apply the most recent data and trade elasticity estimates to the Ricardian model of Caliendo...

China's engagement in the so-called international fragmentation of production - namely "cross-border dispersion of component production/assembly within vertically integrated manufacturing industries" - has become an increasingly important form of its economic integration into the regional as...

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...

From 1992 to 2011, the total trade volume between the U.S. and China increased by 25 times, and China's share in U.S. total imports increased from 5% to 20%. However, the U.S.'s share in China's total imports dropped from 11% to 8% in the same period. In the major categories of U.S. exports to...

The impact of globalization in terms of bilateral trade is a renowned theoretical underpinning in the literature. Nevertheless, testing a trade integration model of bilateral trade is not sufficiently well estimated with the Bayesian approach to provide pragmatic evidence of trade integration...

Worldwide, free trade agreements (FTAs) have remained a debatable issue. This paper tries to demystify the recent myths that have surrounded the FTA strategy of India, especially as part of the Look East Policy. The paper does this by analysing the determinants of Intra-Industry Trade (IIT),...

We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...

This research paper attempts to estimate the bilateral trade of Pakistan with SAARC countries using a gravity model of trade. This panel study covers the period from 2003 to 2016. The empirical results are obtained through pooled OLS, fixed-effects, and random-effects estimators. On the basis of...