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Global value chains (GVC) are undergoing a transformation as business focus on building resilience. Services and data are already adding value to GVC, particularly manufacturing GVC. Global data flows and digital technologies such as cloud computing and AI enable growth in digitally enabled...
Persistent link: https://www.econbiz.de/10013223960
With an increasing number of Preferential Trade Agreements (PTAs) covering trade in services, we explore the impact of PTAs on services trade. To the best of our knowledge, this is the first paper in this literature that endogenizes the impact of services preferentialism in estimating the trade...
Persistent link: https://www.econbiz.de/10013116218
In this paper, we investigate tourism-related policy approaches that WTO member countries adopted in the early weeks of the COVID-19 crisis. We highlight the need for stakeholders to coordinate their responses in order to mitigate the negative crisis effects and better prepare the sector for the...
Persistent link: https://www.econbiz.de/10012294670
Persistent link: https://www.econbiz.de/10012816843
India and Nepal have traditionally shared a unique relationship of friendship and economic cooperation. The relationship is characterized by an open and people-friendly border and is built on shared historical, cultural, linguistic, ethnic links between people residing in India and Nepal. With...
Persistent link: https://www.econbiz.de/10012029948
This study proposes to evaluate the negative impact of COVID-19 on international trade exchange worldwide. Hence, we offer a new methodology is called the "The Trade Emancipation Evaluation Methodology (TEE-Methodology)." There are four primary phases in the implementation of TEE-Methodology....
Persistent link: https://www.econbiz.de/10014091948
This paper attempts to fill a gap in the trade literature by providing a comprehensive overview of services liberalization commitments in the new generation of preferential trade agreements (PTAs) as compared to prevailing GATS commitments and Doha Round offers. By developing a new database, the...
Persistent link: https://www.econbiz.de/10003376344
More than half of the World Trade Organization (WTO)-notified services trade agreements (STAs) in effect since 2008 have involved at least one (South or Southeast) Asian trading partner. Drawing on Baier and Bergstrand's (2004) determinants of preferential trade agreements and using the World...
Persistent link: https://www.econbiz.de/10010367380
According to the latest projections released by the WTO, this year the global trade growth rate is going to decrease to 4.4% from its previous level of 4.7% in 2017. In its annual report, the WTO Secretariat warns that the threats voiced by the USA that it may impose duties on imports of goods...
Persistent link: https://www.econbiz.de/10012909012
This study introduces a new dataset of bilateral value added trade costs for the goods and services sectors, based on a measure derived from the micro-founded gravity model and using data from the OECD-WTO TiVA database. This is the first study to calculate value added trade costs for a set of...
Persistent link: https://www.econbiz.de/10013004414