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We explore the impact of multilateral liberalization, with emphasison distributional effects across countries. We first develop a realistic base1ine that takes into account events such as the entry of China into the WTO and the enlargement of the EU, allowing us to focus on those effects that...
Persistent link: https://www.econbiz.de/10011333883
This paper examines the interaction of globalization through trade liberalization and climate change, globally with a special focus on Morocco and Turkey. We use the GTAP model, which is a global general equilibrium model, to investigate trade liberalization welfare impacts under climate change,...
Persistent link: https://www.econbiz.de/10010381372
Much progress has been made in pursuing liberalization of agricultural trade in the Philippines. However, some significant tariff and non-tariff barriers remain. This study evaluates the economic impacts of completing the agenda of policy reform by removal of these remaining trade barriers....
Persistent link: https://www.econbiz.de/10012432695
We quantify the relationships between deep trade liberalization and foreign direct investment (FDI). To this end, we focus on the effects of Deep Trade Agreements (DTAs), and we rely on a structural framework that simultaneously enables us to (i) estimate the direct impact of DTAs on FDI, (ii)...
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A framework is developed with what we call technology capital. A country is a measure of locations. Absent policy … constraints, a firm owning a unit of technology capital can produce the composite output good using the unit of technology capital … is what constrains the number of units it operates using this unit of technology capital. If it has two units of …
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