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on the effects of trade on welfare net of lower fiscal transfers to the EU. We use a standard quantitative static general … equilibrium trade model with multiple sectors, countries and intermediates, as in Costinot and Rodriguez-Clare (2013). Static …
Persistent link: https://www.econbiz.de/10010411572
, and identifies the main features of world trade and GVC participation that influence exposures to risks in supply chains … equilibrium (CGE) trade model METRO to shed light on the consequences of a stylised re-localisation policy scenario. In this … through trade. Quantitatively, the latter effect tends to dominate: re-localising GVCs would make the economy in most …
Persistent link: https://www.econbiz.de/10012421192
world trade volume to plummet by a staggering 13 percent to 32 percent in 2020. This translates to large-scale losses in … global output and employment, especially in trade-oriented emerging economies such as the Philippines. Recovering from this … provides a quick assessment of the major risks that must be dealt with to overcome these "four horsemen of trade apocalypse …
Persistent link: https://www.econbiz.de/10012203704
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which … countries trade homogeneous products in world markets and produce according to their comparative advantage as determined by …
Persistent link: https://www.econbiz.de/10012602338
This study estimates the effect of trade facilitation measures implementation on trade costs in Asia and the Pacific … using data from the United Nations Global Survey on Trade Facilitation and Paperless Trade Implementation. Impact of … different sets of measures are considered, from a basic set of measures to ensure compliance with the World Trade Organization …
Persistent link: https://www.econbiz.de/10011786720
, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with …We assess the literature on public and private quality standards and their impact in food markets, international trade … impediment against trade and development, reflecting the complexity of these effects and their specificity to industries and …
Persistent link: https://www.econbiz.de/10010483574
equilibrium trade model, the impact of the selected trade policy instruments on trade and welfare of the EU as well as Austria is …Geoeconomic concepts are gaining importance in EU trade policy. In this context new trade policy instruments are … designed to protect the internal market against unfair trade practices, coercive actions as well as to ensure sustainable …
Persistent link: https://www.econbiz.de/10014464823
LMU Munich in February 2019. It consists of four selfcontained chapters that empirically investigate different trade … dampening phenomena using gravity analysis. The first two chapters examine the effects of anti-dumping duties on trade …, addressing endogeneity concerns linked to trade policy. In particular, Chapter 1 exploits the EU enlargement of 2004 as a natural …
Persistent link: https://www.econbiz.de/10012484009
We demonstrate that common modeling assumptions underlying micro-unit productivity indices induce biases in the evolution and decomposition of standard aggregate productivity measures. After controlling for such biases, we decompose aggregate productivity based on groups of economically...
Persistent link: https://www.econbiz.de/10011802718
This note attempts to map the relevance of the emerging global law advocacy for the WTO. In this regard, it understands global law as an attempt to describe a growing decrease of the regulatory State and an ensuing increase of private rule-making. Global law intends to generate new thinking...
Persistent link: https://www.econbiz.de/10013090189