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Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....
Persistent link: https://www.econbiz.de/10010212649
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...
Persistent link: https://www.econbiz.de/10011309578
. With China now having formed 12 FTAs and negotiating five new ones (including a sixteen member Asia-Pacific FTA), the …
Persistent link: https://www.econbiz.de/10011764996
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
Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....
Persistent link: https://www.econbiz.de/10013315671
This paper examines how EU Technical Barriers to Trade (TBTs) reshape firms’ global supply chains, extending Grossman et al. (2024) to incorporate adaptation costs between sourcing partners. To test the model’s predictions, we construct a novel dataset linking EU TBTs to French firm-level...
Persistent link: https://www.econbiz.de/10015394143
We investigate the effect of economic integration agreements on the stability of international trade at the 4 digit SITC level. Using annual trade data for over 180 countries from 1962 to 2005 we examine how economic integration agreements affect the length of trade relationships, the volume at...
Persistent link: https://www.econbiz.de/10010338951
How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK’s exit from the EU’s single market and customs union in January 2021 led to an...
Persistent link: https://www.econbiz.de/10015182861
Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10010426539
joining East Asia's supply chains. While proceeding to establish the ASEAN Economic Community (AEC) by the end of 2015, ASEAN … inward FDI. The paper concludes that in the long run ASEAN should aim to further integrate itself with the rest of Asia and … the world (through a Free Trade Area of the Asia-Pacific and an Asia-Europe FTA), while substantially deepening its …
Persistent link: https://www.econbiz.de/10011374645