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We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...
Persistent link: https://www.econbiz.de/10012920756
Global imports subject to pre-shipment inspections (PSI) - a practice under which imports need to undergo a third party review process before shipment - shrank from 700 bn USD in 2010 to 87 bn in 2018. However, only little is known about the trade impact of such procedures, which on the one hand...
Persistent link: https://www.econbiz.de/10013285519
This paper provides an overview of institutional, economic and legal aspects of the relationship between national environmental policies and the multilateral trading system. In particular, it analyses some of the difficulties the WTO Dispute Settlement System faces when having to evaluate...
Persistent link: https://www.econbiz.de/10010205556
This paper analyses to which extent domestic institutions affect trade flows. We use two complementary approaches, one focusing on the size of total trade flows and one focusing on bilateral trade patterns (gravity equation). Besides, we control for two other domestic policy variables: trade...
Persistent link: https://www.econbiz.de/10010205558
Persistent link: https://www.econbiz.de/10012304800
Persistent link: https://www.econbiz.de/10011731437
The authors review current developments in international trade and its prospects for the future arguing that despite the recent slowdown, trade remains an important driver of economic growth and development. Scepticism towards further trade opening needs to be addressed, notably via appropriate...
Persistent link: https://www.econbiz.de/10011871652
Persistent link: https://www.econbiz.de/10010848807
Summary We examine the impact of telecommunications liberalization in Africa on sectoral performance and economic growth. Besides unilateral measures, we account for WTO commitments fostering the credibility of reforms. Regulatory quality plays a major role in bringing down prices and improving...
Persistent link: https://www.econbiz.de/10005299274
We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...
Persistent link: https://www.econbiz.de/10011800710