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This paper argues that China’s attitude to multilateral trade is unclear. Moreover, China assumes little responsibility to maintain international order in global economic governance. Furthermore, this paper argues that China should hide less behind the status of a developing country and stand...
Persistent link: https://www.econbiz.de/10014177095
141 percent-compared to a 43 percent increase in U.S. trade with the rest of the world. In this article we compare the … nature of U.S. trade growth with Canada and Mexico to growth in U.S. trade with non NAFTA partners. We apply a simple …
Persistent link: https://www.econbiz.de/10014094908
This paper develops a fully-endogenous, variety-expansion growth model with firm-specific quality heterogeneity, limit pricing, and an endogenous distribution of markups. Trade induces only firms with high-quality products to export, whereas firms with low-quality products serve only the...
Persistent link: https://www.econbiz.de/10013152545
This paper studies the linkage between international trade and income convergence across countries. Different theories offer conflicting predictions regarding how they might affect each other. In the existing empirical literature estimating the trade impact on income convergence, a long-lasting...
Persistent link: https://www.econbiz.de/10012765297
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percent in tariffs and export subsidies results in gains to the world more than four times greater than either the FTAA or the … EU-MERCOSUR agreement. This shows the continued importance to the world trading community of the multilateral …
Persistent link: https://www.econbiz.de/10012748289
This paper determines the impacts of the Free Trade Agreement of the Americas (FTAA) for Brazil under alternative assumptions concerning the returns to scale and the nature of competition in several industries, emphasizing the effects on the agribusiness activities. The GTAPinGAMS applied...
Persistent link: https://www.econbiz.de/10014072607
This paper revisits the empirical evidence on the relationship between economic integration and economic growth. First, we present an updated dataset of openness indicators and trade liberalization dates for a wide cross-section of countries in the 1990s. Second, we extend the Sachs and Warner...
Persistent link: https://www.econbiz.de/10014074386