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This article aims to analyze how the financial crisis that bursted in the mid-2008 led to a global and regional drop in trade flows. It starts from a comparison of the Great Depression shock to what happened during the Great Recession. Based on the similarities and differences found in the...
Persistent link: https://www.econbiz.de/10012017143
World trade growth was rapid in the two decades prior to the global financial crisis but has halved subsequently. There are both structural and cyclical reasons for the slowdown. A deceleration in the rate of trade liberalisation post 2000 was initially obscured by the ongoing expansion of...
Persistent link: https://www.econbiz.de/10011578401
The present paper aims to disseminate the relationship between international trade and its determinants. The research objective consists in creating a basic econometric model of analysis in order to observe the correlations that occur among variables related to international trade, exempli...
Persistent link: https://www.econbiz.de/10013100345
Economic integration and growth in trade within the Latin American region have created a need for new and major legal developments. In this context, the private sector has emerged as the driving force behind legal initiatives related to trade agreements such as the Andean Pact and MERCOSUR...
Persistent link: https://www.econbiz.de/10012753001
This paper examines the ‘small share’ problem inherent within the constant elasticity of substitution Armington specification. As a de facto research tool in the quantitative trade literature, this structural bias plagues the results of numerous multi-region CGE studies. Kuiper and van...
Persistent link: https://www.econbiz.de/10011048796
Although textile and apparel imports from most countries entered the United States quota-free after the expiration of the Agreement on Textiles and Clothing on January 1, 2005, substantial restraints remain on U.S. trade in these sectors, including high tariffs, quantitative restraints on China...
Persistent link: https://www.econbiz.de/10009415603
En este trabajo hemos analizado los efectos de la progresiva implantación de un acuerdo de libre comercio entre Marruecos y la UE sobre las exportaciones de las CCAA españolas a ese país. También nos interesamos por el efecto de la inmigración marroquí en España sobre dichos intercambios...
Persistent link: https://www.econbiz.de/10005121299
Persistent link: https://www.econbiz.de/10005062828
The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the...
Persistent link: https://www.econbiz.de/10012027107
This paper looks at the transport patterns of Irish international trade. In particular, we examine how trade flows in weight differ from those measured by value and the implications that this has for transport mode and cost. In an environment of uncertainty relating to the impact of Brexit, the...
Persistent link: https://www.econbiz.de/10011741681