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Trade and Investment Partnership (TTIP). We use a multicountry, multi-industry Ricardian trade model with national and … trade, value added, and welfare effects of the TTIP, assuming that the agreement would eliminate all transatlantic tariffs … effects of the TTIP on outsiders and the global economy. …
Persistent link: https://www.econbiz.de/10011519132
and Investment Partnership (TTIP). We use a multi-country, multi-industry Ricardian trade model with national and … flow elasticities of trade costs and of existing PTAs. We simulate the trade, value added, and welfare effects of the TTIP …
Persistent link: https://www.econbiz.de/10010469287
The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of …-state dispute settlement and argue that the TTIP will have discriminatory effects on at least some third countries. However …, regulatory councils are important ingredients of the deal as they guarantee that the TTIP will indeed influence the setting of …
Persistent link: https://www.econbiz.de/10010469280
Fragmentation of the global value chain makes it difficult to assess the effects of trade liberalization on the global pattern of production. Gross bilateral trade ows no longer reveal a country's or a sector's value added contribution. Yet, it is value added that matters for employment and...
Persistent link: https://www.econbiz.de/10011517926
The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real income gains. To date, there is still very limited empirical evidence on the actual post-implementation impact of the TFA. This paper provides an assessment, combining econometric...
Persistent link: https://www.econbiz.de/10014225999
In the 2000s, China's WTO entry constituted a major trade shock. In this paper, we analyze its eff ects on trade and value chains. The fragmentation of the global value chain makes it hard to disentangle who produces for whom. Value added trade contains this information. We build a multi-sector...
Persistent link: https://www.econbiz.de/10010485295
and outsiders. The Transatlantic Trade and Investment Partnership TTIP (or other trade agreements with third countries … New Quantitative Trade Model. We show that TTIP could indeed lower trade integration in Europe since predicted income …
Persistent link: https://www.econbiz.de/10011539838
and Investment Partnership (TTIP). We use a multi-country, multi-industry Ricardian trade model with national and … flow elasticities of trade costs and of existing PTAs. We simulate the trade, value added, and welfare effects of the TTIP …
Persistent link: https://www.econbiz.de/10013030303
We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and the "hard" effects of protection with the empirical structural gravity model. Specifically, we argue that the difference between the estimates of border indicator variables for...
Persistent link: https://www.econbiz.de/10012599928
We build on the latest developments in the structural gravity literature to quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the...
Persistent link: https://www.econbiz.de/10012287974