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The focus of this paper is to estimate the effect of the different types of regional trade agreements on the volume of trade between country pairs. The analysis will employ the "empirical workhorse" of international trade; the gravity model. We hypothesize that the deeper agreements have a stronger...
Persistent link: https://www.econbiz.de/10008662908
unilateral services sector liberalization. The literature touches on important linkages between trade and FDI in services and the …, focusing on contributions that investigate the determinants of international trade and investment in services, the potential … gains from greater trade (and liberalization) and efforts to cooperate to achieve such liberalization through trade …
Persistent link: https://www.econbiz.de/10009239689
One of the goals of the multilateral trading system is to enhance the stability and predictability of the environment in which traders operate.Binding tariffs at the WTO reduces the scope for their discretionary use. But, countries have bound tariffs at ceiling levels often substantially above...
Persistent link: https://www.econbiz.de/10009305703
What influences the adoption of transparency obligations in trade agreements, and what are its effects? This paper uses a new dataset on transparency provisions in over a hundred regional trade agreements (RTAs) to provide empirical evidence of the political economy determinants of international...
Persistent link: https://www.econbiz.de/10009775462
Countries embarking on trade negotiations are not only seeking increased market access, but also, reduced market opacity. This study distils the most progressive practices for promoting regulatory transparency in over one hundred regional trade agreements (RTAs) concluded by OECD and large...
Persistent link: https://www.econbiz.de/10009775465
Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...
Persistent link: https://www.econbiz.de/10010462834
Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments...
Persistent link: https://www.econbiz.de/10010462864
There is not one, perfect model for institutional regulatory cooperation, nor is there a single model for eliminating technical barriers to trade or discriminatory sanitary and phytosanitary measures in a preferential trade agreement (PTA). However, recent experience with PTAs has shown that it...
Persistent link: https://www.econbiz.de/10013092258
, consumption outputs, and capital attraction in a broader pool of service-oriented economies. Ultimately, this study argues that …
Persistent link: https://www.econbiz.de/10012906731
To become operational, the African Continental Free Trade Area (AfCFTA) must harmonize Rules of Origin (ROO) across Africa's Preferential Trade Agreements (PTAs) along two dimensions: regime-wide rules and product-specific rules. This paper describes and evaluates these ROO across the major...
Persistent link: https://www.econbiz.de/10012805550