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The objective of this research is to reexamine the constraints to export supply in ECOWAS countries, mainly in intra-regional trade. To achieve this objective, we use gravity model estimated with the Pseudo-Poisson Maximum Likelihood (PPML) techniques. Our results show that the number of...
Persistent link: https://www.econbiz.de/10013348402
We move beyond the nation-state as the unit of analysis and use subnational spatial variation to study the effect of the institutional environment on international trade. Additionally, we address the heterogeneous effect of trade agreements on different regions within a country. Employing a...
Persistent link: https://www.econbiz.de/10011614253
The proposed Trans-Pacific Partnership (TPP) is a free trade agreement among 12 Pacific Rim countries whose joint gross domestic products (GDPs) account for 36 percent of world GDP and whose mutual trade accounts for approximately 24 percent of world trade. As for most proposed free trade...
Persistent link: https://www.econbiz.de/10011764996
-maximum likelihood) estimation technique using panel dataset of 22 countries from 1996 to 2020. Empirical results show that trade …
Persistent link: https://www.econbiz.de/10014382217
The paper mainly studies trade complementarity between China and three Baltic States, namely Lithuania, Latvia and Estonia. The paper first introduces China and the three Baltic States’ current trade situation. It then makes an empirical analysis on the trade complementarity between China and...
Persistent link: https://www.econbiz.de/10011888337
Transaction costs create inefficiencies in agricultural markets, and poor trade digitalization lowers agrifood productivity of developing countries. This paper argues that trade facilitation via digitalization cuts transaction costs thereby increasing agrifood trade because it streamlines trade...
Persistent link: https://www.econbiz.de/10014423410
In this paper the authors develop an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or multilateral trade policy commitments. They find that a...
Persistent link: https://www.econbiz.de/10009406930
This paper examines the effects of the North American Free Trade Agreement on agricultural commodity trade using extensive data. The data cover agricultural exports and imports between the U.S. and NAFTA partners over the extended period of 1989 - 2010. The commodities covered in the analyses...
Persistent link: https://www.econbiz.de/10010459799
Despite the fact that many modern preferential trade agreements include commitments to foreign investors in imperfectly competitive services sectors, the literature has not established conditions under which these agreements are beneficial or harmful. The authors fill that void by developing a...
Persistent link: https://www.econbiz.de/10011386602
The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the...
Persistent link: https://www.econbiz.de/10012027107