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The Asian countries are once again focused on options for large, comprehensive regional integration schemes. In this paper we explore the implications of such broad-based regional trade initiatives in Asia, highlighting the bridging of the East and South Asian economies. We place emphasis on the...
Persistent link: https://www.econbiz.de/10010294903
This paper attempts to fill a gap in the trade literature by providing a comprehensive overview of services liberalization commitments in the new generation of preferential trade agreements (PTAs) as compared to prevailing GATS commitments and Doha Round offers. By developing a new database, the...
Persistent link: https://www.econbiz.de/10010326693
This paper argues that different types of trade liberalization { multilateral versus regional { may lead to different R&D and productivity levels of firms. Trade agreements between countries are modelled with a network: nodes represent countries and a link between the nodes indicates the...
Persistent link: https://www.econbiz.de/10010326722
Preferential trade agreements (PTAs) on services have proliferated since 2000. This working paper briefly presents the expansion of the dataset initially developed in Marchetti and Roy (2008). The data permits to assess the extent to which market access commitments undertaken by WTO Members in...
Persistent link: https://www.econbiz.de/10010326769
In this paper, the two way relationship between deep integration and production networks trade is investigated. Deep integration is captured by a set of indices constructed in terms of policy areas covered in preferential trade agreements. An augmented gravity equation is estimated to...
Persistent link: https://www.econbiz.de/10010326775
regionalism while the WTO was otherwise occupied, and 3) 21st century regionalism has quite different implications for the world …-stumbling-block and Vinerian economics) is not up to the job of analysing 21st century regionalism. An alternative framework is not …
Persistent link: https://www.econbiz.de/10010326780
multilateralism and regionalism in Brazilian foreign policy is analyzed in order to identify and understand Brazil's trade negotiation … multilateral approach with a two-speed regionalism. …
Persistent link: https://www.econbiz.de/10010330427
The present paper aims to disseminate how liberalisation processes were conducted around the globe and especially in Europe since the XIXth century up to date. The research objective is to review the liberalisation of trade dynamics and create an image of the architecture of the most important...
Persistent link: https://www.econbiz.de/10012017015
We study how a preferential trade agreement (PTA) affects international sourcing decisions, aggregate productivity and welfare under incomplete contracting and endogenous matching. Contract incompleteness implies underinvestment. That inefficiency is mitigated by a PTA, because the agreement...
Persistent link: https://www.econbiz.de/10011932077
Trade is one of the important aspects of economic policy in the contexts of the third wave of regionalism. It is proven …
Persistent link: https://www.econbiz.de/10012232431