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-regional investment and trade relations. The share of services in GDP of South Asian countries has increased substantially with South Asia …, the paper lays out the importance of larger and broader RTAs like Pan Asia Free Trade Agreement (PAFTA) instead of narrow …
Persistent link: https://www.econbiz.de/10009365307
Firms face competing needs to expand product variety and reduce production costs. Trade policy affects firm investments … recapture these lost markups. I provide a theory detailing this conflicting impact of trade policy and address welfare gains … from trade. Accounting for firm heterogeneity, I show support for the theoretical predictions with firm-level innovation …
Persistent link: https://www.econbiz.de/10009368610
Recent literature has emphasized the importance of transaction costs and infrastructure in explaining trade, access to … trade integration than import tariffs. By estimating a structural model of economic geography using cross-country data on … income, infrastructure, transaction costs and trade of selected Asian economies, this paper shows that the transaction costs …
Persistent link: https://www.econbiz.de/10009392013
This paper examines the impact of intra-Asia exchange rate volatility on intra-Asia trade in primary goods … economies trade relatively little with each other. …
Persistent link: https://www.econbiz.de/10009392978
The Doha Round of the World Trade Organization (WTO) negotiations has been ongoing for 10 years, and given political … arguably requires greater recognition of the value of trade policy disciplines that will be part of any agreement. The WTO is … rules of the game for other trade-related policies. Given the slow progress of the Round, greater emphasis could be put on …
Persistent link: https://www.econbiz.de/10009393231
Following the onset of the financial crisis in September 2008 and the subsequent “Great Trade Collapse” (Baldwin 2009 …), many countries actively used trade policy instruments as part of their response to the global recession. Governments … pursued a mix of trade liberalization, trade promotion, and trade restrictions. The choice of trade policy has varied, with …
Persistent link: https://www.econbiz.de/10009393234
This paper analyzes the indirect impact of China on the export performance of major European countries (Italy, France, Germany and Spain) in their main destination markets (OECD countries). Given a strong specialization in manufacturing sector, these EU countries are likely to be at risk from...
Persistent link: https://www.econbiz.de/10009393317
many potential gains from entering into free trade agreements (FTAs) with its neighbors, who collectively form a large and …
Persistent link: https://www.econbiz.de/10009395588
In this paper we present new evidence on the effect of the Euro on trade. We use a data set containing all bilateral … present in the macroeconomic variables used in gravitational equations (GDP, trade). To this aim we use some panel tests that …
Persistent link: https://www.econbiz.de/10009294283
This paper investigates the influence of immigration into Greece on the volumes of Greeces bilateral trade using a …
Persistent link: https://www.econbiz.de/10009318891