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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
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
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
national welfare. Peculiarities of trade and economic liberalization of trade through mechanism of regional trade agreements … national economic growth rates and on GDP per capita (as major parameters reflecting national welfare level) was simulated … increasing of national welfare shall occur in Ukraine and China. …
Persistent link: https://www.econbiz.de/10013258982
This paper studies the relationship between a set of commodity prices in a small open economy like Uruguay and the corresponding international and regional prices. The empirical methodology used is the multivariate cointegration procedure based on maximum likelihood methods introduced by...
Persistent link: https://www.econbiz.de/10014050059
The aim of the paper is to analyse the factors behind the rapid trade integration of the Central and Eastern European countries with the euro area in the past ten years and to gauge the potential for further integration. We use as benchmark an enhanced gravity model estimated with a large sample...
Persistent link: https://www.econbiz.de/10011604591
Against the background of the rapid integration of emerging Asia into the global economy, this paper investigates the role of domestic and external factors in driving individual emerging economies in Asia. We estimate VAR models for ten countries over the period 1979Q1- 2003Q4, controlling for...
Persistent link: https://www.econbiz.de/10011604761
The start of the European Economic and Monetary Union (EMU) has spurred a new interest in the debate on the effects of monetary unions on regional economic integration. This literature either investigates past episodes of monetary unions or attempts to gauge any effect with a few years of EMU...
Persistent link: https://www.econbiz.de/10011606192
Despite significant economic reforms in many Southern Mediterranean EU neighbour countries, their growth performance has on average been subdued. This study analyses the differences in growth performance and macroeconomic stability across Mediterranean countries, to draw lessons for the future....
Persistent link: https://www.econbiz.de/10011430893
This paper examines the evolution of the EU's trade in services over the 2004-2008 period in comparison with its trade in goods. It aims to disentangle the main trends shaping the EU's services trade flows under the impact of increasing globalisation and the last two waves of EU enlargement....
Persistent link: https://www.econbiz.de/10011461761