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The paper analyzes whether the political regime of a country influences its involvement in international trade. Firstly, we develop a theoretical model that predicts that autocracies trade less than democracies. Secondly, we test the predictions of the model empirically using a panel of more...
Persistent link: https://www.econbiz.de/10003764029
The paper analyzes whether the political regime of a country influences its involvement in international trade. Firstly, we develop a theoretical model that predicts that autocracies trade less than democracies. Secondly, we test the predictions of the model empirically using a panel of more...
Persistent link: https://www.econbiz.de/10014224145
A second approach focuses on the relationships existing between the variables themselves, using multi-criteria and graph analysis. Natural resources endowments, on the one hand, and services orientation, on the other one, are among the most determinant variables for defining Trade in Value Added...
Persistent link: https://www.econbiz.de/10010376488
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
Antidumping creates opportunities for abuse to stifle market competition. Whether cartels actually abuse trade policy for anticompetitive purposes remains an open question in the literature. To address this gap, we construct a novel dataset that matches cartel investigations with trade data at...
Persistent link: https://www.econbiz.de/10012373130
Many different approaches have developed for the evaluation of non-tariff measures (NTMs) and free trade agreements (FTAs). Moving on from models using simple dummy variables, today a range of databases can capture different aspects of NTMs and FTAs. Some assess the depth of FTAs by extracting...
Persistent link: https://www.econbiz.de/10012262387
Starting in the 1960s with the Kennedy Round of the General Agreement on Tariffs and Trade (GATT), nontariff measures (NTMs) have been replacing tariffs continuously as the core element of trade negotiations. Today they take centre stage in all EU trade agreements with industrialised and...
Persistent link: https://www.econbiz.de/10012262471
Trade facilitation policies intend to simplify administrative processes and accelerate the handling of shipments across borders. Recent research shows that these policies have substantial effects on trade flows. In this chapter, we discuss what the existing evidence for trade implies for the...
Persistent link: https://www.econbiz.de/10011625949
This paper studies how WTO rules and flexibilities shape its members' trade policy responses to import shocks. Guided by a cost benefit analysis model and using a unique database of tariff bindings for all WTO countries over the 1996-2011 period, we show that WTO commitments affect members'...
Persistent link: https://www.econbiz.de/10012009096
In the past few decades China has put substantial efforts into liberalising its trade and economy that accelerated after its accession to the World Trade Organisation (WTO) in December 2001. In this period China has significantly reduced its tariffs on manufacturing imports. However, the...
Persistent link: https://www.econbiz.de/10011924867