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We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is...
Persistent link: https://www.econbiz.de/10014335080
This paper evaluates the potential welfare gains in the Mercosur region of South America as a benefit of improvement to the trade administrations. Improvements to border procedures and processes leading to border procedures can save billions of dollars for the region, create markets for...
Persistent link: https://www.econbiz.de/10015049236
Firm-based approaches to international trade have revolutionized the study of trade politics. While the political economy of trade has conventionally emphasized the role of export propensity at the industry level in determining interests over policy outcomes, engaging in trade is an inherently...
Persistent link: https://www.econbiz.de/10014167864
We study how product quality shapes the unequal consumer gains from trade liberalization by examining the effect of China’s drastic tariff reduction on imported passenger vehicles in 2018. Combining data on prices, sales, and attributes for the universe of new passenger vehicles, we find that...
Persistent link: https://www.econbiz.de/10014243000
This paper the presents pattern and determinants of intra-industry trade (IIT) in Australian manufacturing since the late 1970s. The results point to a sharp rise in IIT from the mid 1980s which appears to be linked with an outward-oriented policy. Industry level analysis indicates that...
Persistent link: https://www.econbiz.de/10010369164
This paper examines the impact of preferential trade agreements (PTAs) on the duration of antidumping protection. It employs a two-step selection model where the first step accounts for the impact of PTA membership on the original antidumping determination and the second step estimates the...
Persistent link: https://www.econbiz.de/10013216374
This paper studies the determinants of pricing-to-market at the firm-level, with a particular focus on the role of firm-specific and policy-induced market power. We use a large dataset containing export values and quantities by product and destination for all exporting firms in 12 developing and...
Persistent link: https://www.econbiz.de/10010499520
This paper documents the within firm reallocation of inputs and outputs as a result of a trade policy shock on the input side. A unique firm-input level dataset for India with information on different raw material inputs used in production, enables us to identify firms with imported inputs...
Persistent link: https://www.econbiz.de/10012986675
We analyse the impact of relaxing rules of origin (ROOs) in a simple setting with heterogeneous firms that buy intermediate inputs from domestic and foreign sources. In particular, we consider the impact of switching from bilateral to diagonal cumulation when using preferences (instead of paying...
Persistent link: https://www.econbiz.de/10010316797
We examine the political economy underpinnings of import protection in general equilibrium. Starting from a dual theoretical representation of production, trade, and consumption, we map a general representation of the real economy to underlying political processes aka the political support...
Persistent link: https://www.econbiz.de/10010294853