Showing 1 - 10 of 1,811
A deranged publisher decided to produce a volume of some of my papers and asked me to write some comments. Since these amount to a summary of my views about international trade theory over the latest forty years or so, I'm giving the comments a separate alternative existence as a discussion paper
Persistent link: https://www.econbiz.de/10013075724
We construct a 45-sector model of Ukraine with Turkey and six other regions to estimate the impacts on Ukraine of deep integration with Turkey in their potential Free Trade Agreement (FTA). Our central model contains foreign direct investment (FDI) in business services with endogenous...
Persistent link: https://www.econbiz.de/10014091029
Persistent link: https://www.econbiz.de/10012216368
We study the endogenous network formation of bilateral and multilateral trade agreements by means of hypergraphs and introduce the equilibrium concept of multilateral stability. We consider multi-country settings with a firm in each country that produces a homogeneous good and competes as a...
Persistent link: https://www.econbiz.de/10009720329
Political motives, geography, and the uneven distribution of gains trumped the traditional efficiency gains across Africa's Regional Economic Communities (RECs). The small, sparsely populated, fragmented, and often isolated economies across Africa make a compelling case for these economies to...
Persistent link: https://www.econbiz.de/10010239999
This paper develops a method to measure difficulties in market access over a large set of countries (both developing and developed) and industries, during the period 1980-2006. We use a micro-founded heterogeneous-consumers model to estimate the impact of national borders on global and regional...
Persistent link: https://www.econbiz.de/10013112665
The paper investigates the costs and benefits of 2004 EU enlargement from the standpoint of Ukraine - a country that has been left behind. This angle allows estimating the costs of non-integration that occurred due to trade diversion and forgone opportunity to carry our structural changes in the...
Persistent link: https://www.econbiz.de/10013156919
In this paper, we measure market access between the United States, the EU, and Japan (the Triad), using the effect of national borders on trade patterns. We investigate overall and industry-level trends of bilateral trade openness and provide explanations for those using proxies for bilateral...
Persistent link: https://www.econbiz.de/10013061043
We show that multilateral tariff binding liberalization substantially impacts the nature and extent of Preferential Trade Agreement (PTA) formation. First, it shapes the nature of forces constraining expansion of Free Trade Agreements (FTAs). The constraining force is a free riding incentive of...
Persistent link: https://www.econbiz.de/10012029164
Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...
Persistent link: https://www.econbiz.de/10011773529