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The past decades witnessed big changes in international trade with the rise of global value chains. Some countries … stability, liberal trade policies, foreign direct investment inflows and domestic industrial capacity are very important in …
Persistent link: https://www.econbiz.de/10012213059
costs and reduced waiting times at border crossings, reducing the urgency of progress on trade facilitation. Meanwhile … computable general equilibrium framework indicates that even a relatively modest reduction in trade costs can yield significant …The sharp decline in trade volume and value during the current economic crisis has contributed to lower transportation …
Persistent link: https://www.econbiz.de/10003982944
Some studies are skeptical whether further investment is productive and trade liberalization is promising for SSA … dynamic links between investment, trade and income growth in SSA economies targeting at addressing the question: how the … impact flows from investment-GDP-trade openness-investment besides the twin feedbacks between GDP growth and growths of …
Persistent link: https://www.econbiz.de/10013102137
A basic assumption of the gravity equation of international trade is that increasing trade costs lower exports …. Butintuition and theory imply that a high export volume lowers bilateral trade costs as well, because a fixed cost intensivetrade … sector probably bears lower average costs with more trade. In this case, standard gravity estimation might bebiased due to …
Persistent link: https://www.econbiz.de/10003941170
A basic assumption of the gravity equation of international trade is that increasing trade costs lower exports. But … intuition and theory imply that a high export volume lowers bilateral trade costs as well, because a fixed cost intensive trade … sector probably bears lower average costs with more trade. In this case, standard gravity estimation might be biased due to …
Persistent link: https://www.econbiz.de/10014198178
the probability of recording new flows. Growth in emerging countries ́exports at the extensive margin of trade has been …
Persistent link: https://www.econbiz.de/10010192075
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …
Persistent link: https://www.econbiz.de/10012138753
The Millennium Round of MTNs, which was stillborn in Seattle, was supposed to have initiated wide-sweeping changes to the world's trading system. This paper deals with the impact on the German economy of some changes that might have been forthcoming from proposed liberalization strategies. It...
Persistent link: https://www.econbiz.de/10011472473
obtain reliable partial equilibrium estimates of the effects of bilateral and non-discriminatory trade policies within the …
Persistent link: https://www.econbiz.de/10011507643
-discriminatory trade policies within the same comprehensive, and theoretically-consistent econometric specification. Our recommendations …
Persistent link: https://www.econbiz.de/10011509468