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In this paper, we investigate the scale of the drop in American imports after it imposed punitive tariffs on Chinese goods. Our analysis spans the whole period of Donald Trump's presidency (January 2017 - January 2021). In contrast to existing studies, which are mainly devoted to the impact of...
Persistent link: https://www.econbiz.de/10014339778
The topic of this paper has been motivated by the rising unemployment rate of low-skilled relative to high-skilled labour in Switzerland. Between 1991 and 2014, Switzerland experienced the highest relative increase in the low-skilled unemployment rate among all OECD countries. A natural culprit...
Persistent link: https://www.econbiz.de/10011962974
The purpose of this research is to identify the relation between OFDI (Outward Foreign Direct Investment) and wage inequality. In order to analyze various effects of OFDI on wages depending on the types of workers, the research classified laborers into four categories: permanent/skilled worker,...
Persistent link: https://www.econbiz.de/10011568289
This paper draws on a general equilibrium poisson pseudo maximum likelihood model augmented by a dynamic capital accumulation to estimate the effects of the African Continental Free Trade Agreement (AfCFTA) on intra-African trade flows. The empirical results show that the AfCFTA could raise...
Persistent link: https://www.econbiz.de/10012805624
The present study investigates the effect of regional and bilateral trade agreements supported by institutional framework on bilateral trade between India and selected South and Central Asian countries. The augmented gravity model that corrects for zero trade, endogeneity and heterogeneity is...
Persistent link: https://www.econbiz.de/10014382217
Die deutsch-russischen Wirtschaftsbeziehungen haben sich seit den 1990er Jahren fast unbemerkt von der (medialen) Öffentlichkeit positiv weiterentwickelt. Russland wurde zwar als G8-Mitglied und eines der wichtigen Schwellenländer der BRIC-Gruppe wahrgenommen, mehr Aufmerksamkeit genoss...
Persistent link: https://www.econbiz.de/10010350909
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
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
We estimate the effect of RTAs on bilateral exports by means of a gravity model analyzing its sensitivity to different specifications and methods. RTAs generate a sizable positive effect. However, shifting to country-pair and time-varying fixed effects systematically reduces coefficients....
Persistent link: https://www.econbiz.de/10012406025
Objective The present article discusses changes in tariff and non-tariff restrictions applied in World Trade Organization (WTO) countries during the COVID-19 pandemic. Methods The employed research tools were a review and analysis of literature along with source statistical data of WTO, UNCTAD,...
Persistent link: https://www.econbiz.de/10015130581