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Heterogeneous economic integration agreement effects
Baier, Scott L.; Bergstrand, Jeffrey H.; Clance, Matthew W. - 2015
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
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Putting Canada in the penalty box : trade and welfare effects of eliminating NAFTA
Baier, Scott L.; Bergstrand, Jeffrey H.; Bruno, John P. - 2019
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
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Should TPP be formed? : on the potential economic, governance, and conflict-reducing impacts of the Trans-Pacific Partnership Agreement
Bergstrand, Jeffrey H. - In: East Asian economic review 20 (2016) 3, pp. 279-309
. 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
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Trade integration and the fragility of trade relationships : a product level perspective ; conference paper
Besedeš, Tibor; Nitsch, Volker - 2013 - Preliminary
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
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Economic Partnership Agreements : Tariff Cuts, Revenue Losses, and Trade Diversion in Sub-Saharan Africa
Hallaert, Jean-Jacques - 2009
In contrast to existing published literature that assumed the EPAs tariff cuts, this paper uses the tariff cuts actually agreed by some African countries to quantify fiscal revenue losses from the EPAs. It finds that the profile in the tariff cuts vary significantly across countries. Revenue...
Persistent link: https://www.econbiz.de/10014205619
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ASEAN economic integration through trade and foreign direct investment : long-term challenges
Kawai, Masahiro; Naknoi, Kanda - 2015
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
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Trade re(im)balanced : the role of regional trade agreements
Sokolova, Maria V. - 2016 - This version: May 2016
This paper documents the novel fact that Regional Trade Agreements (RTA) decrease bilateral trade imbalances as measured by conventional measure of the net export share in gross trade. While on average an RTA decreases bilateral trade imbalance by 7%, greater trade integration through a deeper...
Persistent link: https://www.econbiz.de/10011490953
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Exchange rates, international trade and growth : re-evaluation of underevaluation
Sokolova, Maria V. - 2016 - This version: June 2016
This paper shows that a regional bias resulting from trade integration alters the transmission of a countryś monetary policy by shifting the burden of the exchange rate adjustment towards the less integrated trading partners. I first develop a simple model which illustrates how a concentration...
Persistent link: https://www.econbiz.de/10011490957
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The Trans-Pacific Partnership and Asia-Pacific Integration : Policy Implications
Petri, Peter A. - 2012
The Trans-Pacific Partnership (TPP) agreement, now in negotiation among nine Asia-Pacific countries, could yield annual … Asia-Pacific with potential gains of $1.9 trillion. The TPP's expected template promises to be unusually productive because … and other key regional partners as the TPP evolves toward wider agreements. The importance of Asia-Pacific integration …
Persistent link: https://www.econbiz.de/10013103777
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ASEAN Economic Integration through Trade and Foreign Direct Investment : Long-Term Challenges
Kawai, Masahiro - 2015
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/10013013906