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The political economy of international trade decision-making within the United States is complex and ever-changing. The debates over the merits of the Trans-Pacific Partnership (TPP), and the associated efforts of the Obama Administration to obtain Trade Promotion Authority (TPA), highlight...
Persistent link: https://www.econbiz.de/10014241043
After China launched the Belt and Road Initiative in 2013, the Chinese government has invested over 1200 infrastructure projects in countries along the Belt and Road, and nearly 10% of the projects have failed or been delayed. China has also concluded free trade agreements with many countries...
Persistent link: https://www.econbiz.de/10014288598
Persistent link: https://www.econbiz.de/10013125802
Using the influence-driven approach to endogenous trade-policy determination, we show how a free-trade agreement (FTA) with rules of origin can work as a device to compensate losers from trade liberalization. The FTA constructed in this paper is characterized by external tariff structures that...
Persistent link: https://www.econbiz.de/10010229101
Rules of origin differ among overlapping free trade agreements, raising firm compliance costs, discouraging utilization of trade preferences, and hindering regional value chains. Using a unique dataset comparing the restrictiveness of product-specific rules of origin (PSRO) between the Regional...
Persistent link: https://www.econbiz.de/10014465200
. Indonesia provides an interesting case study of the potential benefits and costs of alternative trade strategies that are under … agreement with the United States is also a possibility. Against this background, Indonesia's options on trade policy range from … adjustment, estimated annual gains to Indonesia from a conservative Uruguay Round-style outcome within the WTO system total an …
Persistent link: https://www.econbiz.de/10014214087
This paper provides an empirical assessment of race-to-the-bottom unilateralism. It suggests that decades of unilateral tariff cutting in Asia?s emerging economies have been driven by a competition to attract FDI from Japan. Using spatial econometrics, I show that tariffs on parts and...
Persistent link: https://www.econbiz.de/10008682930
This paper presents estimation of the Grossman-Helpman (1994) model for the EU. We try to address a number of pitfalls that surround the previous empirical literature. First, we suggest a new identification strategy that enables to single out politically organized sectors with specific regard to...
Persistent link: https://www.econbiz.de/10009649975
This paper provides an empirical assessment of race-to-the-bottom unilateralism. It suggests that decades of unilateral tariff cutting in Asia's emerging economies have been driven by a competition to attract FDI from Japan. Using spatial econometrics, I show that tariffs on parts and...
Persistent link: https://www.econbiz.de/10010316761
Persistent link: https://www.econbiz.de/10005357576