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European economic integration fascinates and inspires for the way it brought peace to a continent torn by violent and long-standing rivalries. The lessons from Europe, however, cannot be applied directly as the degree of the European Union's supranationality is unthinkable elsewhere. This paper...
Persistent link: https://www.econbiz.de/10010397207
The paper analyzes the implications of allowing for trade deflection under the restricted origin principle. It is shown that (a) producer trade deflection leads to circular trade and must be ruled out to obtain a trade equilibrium, (b) consumer trade deflection will not occur in a Nash...
Persistent link: https://www.econbiz.de/10009774717
European economic integration fascinates and inspires for the way it brought peace to a continent torn by violent and long-standing rivalries. The lessons from Europe, however, cannot be applied directly as the degree of the European Union’s supranationality is unthinkable elsewhere. This...
Persistent link: https://www.econbiz.de/10010991115
Asia-Pacific countries are currently negotiating two mega-regional free trade agreements (FTAs), namely Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership (RCEP). The objectives of this paper are twofold. First, by using a dynamic applied general equilibrium model...
Persistent link: https://www.econbiz.de/10011213341
Rules of Origin (RoO) are an integral part of all trade rules. In order to be eligible for Common Effective Preferential Tariffs (CEPT) under AFTA and similar arrangements under the ASEAN-China FTA, a product must satisfy the conditions relative to local content. The paper tries to calculate...
Persistent link: https://www.econbiz.de/10005534130
This study analyzes the implications of the proliferation of ROO and sensitive list under SAFTA and bilateral FTAs among South Asian countries with particular reference to Nepal. In this regard this study makes a comparative assessment of different ROO arrangements under different bilateral FTAs...
Persistent link: https://www.econbiz.de/10011108536
With overlapping, multiple FTAs, such as the case of ASEAN and the various ASEAN+1 FTAs, complications could arise that run counter to the economic integration objectives of the East Asian Region. Forging the Regional Comprehensive Economic Partnership (RCEP) among ASEAN and its FTA partners is...
Persistent link: https://www.econbiz.de/10011166014
We examine the optimal rules of origin (ROO) in a free trade area/agreement (FTA). We incorporate compliance costs of the ROO into the model. In particular, compliance costs are higher for a firm located in a non-member country of the FTA than for a firm located in an FTA member country,...
Persistent link: https://www.econbiz.de/10011191448
Persistent link: https://www.econbiz.de/10013388154
Persistent link: https://www.econbiz.de/10013388121