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and the Trans-Pacific Partnership, includes both China and the United States. By failing to connect these economies, these … agreements would leave much of the economic and political gains from Asia-Pacific economic integration unexploited. A China …
Persistent link: https://www.econbiz.de/10014141306
This paper examines the effect of a change in U.S. trade policy on the domestic investment of U.S. manufacturers. Using a difference-in-differences identification strategy, we find that industries more exposed to reductions in import tariff uncertainty exhibit relative declines in investment...
Persistent link: https://www.econbiz.de/10011803703
extra taxes on certain rubber tires imported from the People's Republic of China because the high volume of imports would …
Persistent link: https://www.econbiz.de/10013096600
In this paper we investigate whether multilateral trade liberalisation undermines or encourages preferential trade liberalisation. We use highly disaggregated data at the tariff-line level and find an 'emulator effect' of multilateral trade liberalisation on preferential trade agreements....
Persistent link: https://www.econbiz.de/10014214931
Before the Trans-Pacific Partnership (TPP) was scheduled to enter into force, the United States withdrew from the trade accord. Eleven other TPP signatories decided to revive the agreement, which led to the implementation of the Comprehensive and Progressive Agreement for TPP (CPTPP). The...
Persistent link: https://www.econbiz.de/10014357946
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate …
Persistent link: https://www.econbiz.de/10013361989
From gunboats to BITs : the evolution of modern international investment law / O. Thomas Johnson, Jr. and Jonathan Gimblett -- Report on manufactures (1791)(excerpt) / Alexander Hamilton -- The defence (1795)(Nos. XIII (excerpt), XIV, XV, XVIII, XIX, XX, XXI, XXII, and XXXVI) / Alexander...
Persistent link: https://www.econbiz.de/10011654971
export growth following the permanent normalization of trade relations with China (PNTR). But there was also an offsetting … declined in the most exposed industries because of the export destruction effect. On aggregate, the US and China both gain from … PNTR, but the gains are larger for China. …
Persistent link: https://www.econbiz.de/10012817913
China's rapid rise in the global economy following its 2001 World Trade Organization (WTO) entry has raised questions … benefits. We find that the China trade shock reduced the U.S. manufacturing price index by 7.6 percent between 2000 and 2006 … (PNTR) to China, effectively removing the threat of China facing very high tariffs on its exports to the United States. A …
Persistent link: https://www.econbiz.de/10011667739
With much fanfare, the United States and China have recently begun negotiating a high level Bilateral Investment Trade … China are either completely closed to foreign investment or are subject to restrictions. The United States believes that a … BIT will bring new business opportunities for U.S. companies in China and will also encourage Chinese companies to …
Persistent link: https://www.econbiz.de/10013049199