Showing 1 - 10 of 1,898
China's accession to the World Trade Organization (WTO) in 2001 was a massive boostfor the multilateral trading system. We present descriptive evidence on the trade effects of China's WTO accession. Moreover, we combine the most recent approaches from the gravity literature of international...
Persistent link: https://www.econbiz.de/10012300545
We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10011560677
Three years ago, very few economists would have imagined that one of the newest and fastest growing research areas in international trade is the use of quantitative trade models to estimate the economic welfare losses from dissolutions of major countries' economic integration agreements (EIAs)....
Persistent link: https://www.econbiz.de/10012026353
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
Persistent link: https://www.econbiz.de/10010341027
This paper analyses GATT/WTO trade negotiations in an oligopolistic multi-country setting and identifies a new rationale for trade agreements.  When set unilaterally, tariffs are inefficiently high, both for familiar terms-of-trade reasons, but also to restrict market access of foreign firms. ...
Persistent link: https://www.econbiz.de/10004998380
Persistent link: https://www.econbiz.de/10012499114
This World Trade Organization (WTO) went effect January 1st, 1995 with the stated objective of managing the multilateral trade system resulting from the Uruguay Round (1986/93). The aim of this article is to provide some basic information on the new rules governing world trade, with emphasis on...
Persistent link: https://www.econbiz.de/10014053598
Evaluating the economic impact of an FTA is an important part of the monitoring and surveying process that should follow the establishment of an FTA. This paper presents methods for evaluating the trade and welfare effects of an FTA. These methods show how to (i) compute indicators for the...
Persistent link: https://www.econbiz.de/10011283430
The European Union (EU) supports developing countries with a unilateral trade preference scheme. The scheme underwent a major reform in 2014, in which many countries lost access to reduced tariff rates. We analyse how this radical step that removed preferences from 103 countries by 2018 fits...
Persistent link: https://www.econbiz.de/10013167618
This study presents quantitative and qualitative assessments of potential consequences of the trade agreement between the EU and Mercosur countries. It is embedded in a wider Association Agreement and was made public in summer 2019. The focus is on Austria. One objective of the agreement is to...
Persistent link: https://www.econbiz.de/10012264568