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We investigate the effect of trade integration on interstate military conflict. Our empirical analysis, based on a … interdependence significantly promotes peace. It also suggests that the peace-promotion effect of bilateral trade integration is … sharing borders. The main finding of the peace-promotion effect of bilateral and global trade integration holds robust when …
Persistent link: https://www.econbiz.de/10013075366
Market Analysis and Restrictions on Trade) in WITS (World Integrated Trade Solutions), and (iii) the GTAP (Global Trade …
Persistent link: https://www.econbiz.de/10011283437
Recent regional initiatives have been addressed from a Vinerian perspective of regional integration as a combination of … the stylized facts of much recent regional integration, and develops an alternative model. The analysis suggests the … possibility that regional integration, far from threatening multilateral liberalism, may in fact be a direct consequence of the …
Persistent link: https://www.econbiz.de/10010220233
This paper shows that a regional bias resulting from trade integration alters the transmission of a countryś monetary …
Persistent link: https://www.econbiz.de/10011490957
This paper shows that regional trade integration shifts the burden of the exchange rate adjustment towards the less … countries since 1990 that have been envolved in regional trade integration through signing regional trade agreements (RTAs ….7% deterioration of the aggregate trade balance. Second, I confirm that RTA participation can act as a good proxy for trade integration …
Persistent link: https://www.econbiz.de/10011615589
in computing general equilibrium trade-flow and welfare effects of trade-cost changes. This paper addresses theoretically … economic integration agreements' (EIAs') partial effects on trade flows far exceeds that explained simply by variation in depth …-94 percent of economic welfare effects of EIAs and can potentially predict ex ante a potential EIA's partial trade-flow effect …
Persistent link: https://www.econbiz.de/10011309578
trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration … of economic integration agreements (EIAs) on members’ trade may be biased upward owing to inadequate control for … yields economically plausible and statistically significant estimates of the declining effect of “national borders” on world …
Persistent link: https://www.econbiz.de/10013315671
globalisation would harm the world's poorest inhabitants. Professor Calomiris, well known for his work on national and international …
Persistent link: https://www.econbiz.de/10014026087
granting a tax allowance in excess of the true costs of capital. Economic integration reduces the optimal capital subsidy and …
Persistent link: https://www.econbiz.de/10009375754
One of the most striking features of the world economy is that wealthy countries are clustered together. This paper …
Persistent link: https://www.econbiz.de/10012732749