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This paper argues that different types of trade liberalization { multilateral versus regional { may lead to different R&D and productivity levels of firms. Trade agreements between countries are modelled with a network: nodes represent countries and a link between the nodes indicates the...
Persistent link: https://www.econbiz.de/10011115038
regionalism while the WTO was otherwise occupied, and 3) 21st century regionalism has quite different implications for the world …-stumbling-block and Vinerian economics) is not up to the job of analysing 21st century regionalism. An alternative framework is not …
Persistent link: https://www.econbiz.de/10011115150
took in the liberalization agenda of the Mexican government with the multilateralism and regionalism policies. For this …
Persistent link: https://www.econbiz.de/10011189186
Economic thinking on regionalism has traditionally focused on the Vinerian question: Would a nation gain from joining a … trade bloc? Since 1991, "Big Think Regionalism" considers the broader question of regionalism’s impact on the world trading … system focusing on two questions: Does spreading regionalism harm world welfare? and Does regionalism help or hinder …
Persistent link: https://www.econbiz.de/10005666948
This paper looks at the possibilities of a concluding "Bali package" on the issues that are currently engaging the WTO Members. It gives an account of the discussions currently taking place on each of the three areas and makes an assessment whether it is possible for the key countries to arrive...
Persistent link: https://www.econbiz.de/10010202237
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
The preferential trade agreement between the Eurasian Economic Union (EAEU) and Iran on mutual trade entered into force in October 2019. In this report we estimate its expected impact at aggregate and sectoral levels using the gravity model of trade based on the global sample of bilateral trade...
Persistent link: https://www.econbiz.de/10012213760
We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they form Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower preferential margins when the bloc takes the form of a free trade area...
Persistent link: https://www.econbiz.de/10012603023
We study the welfare impact of rules of origin in free trade agreements where final-good producers source customized inputs from suppliers within the trading bloc. We employ a property-rights framework that features hold-up problems in suppliers' decisions to invest, and where underinvestment is...
Persistent link: https://www.econbiz.de/10013362760
The dissolution of the Soviet Union in 1991 has led to the independence of fifteen new states. Twelve of these, including Ukraine, joined the Commonwealth of Independent States (CIS) whose goal was to form a common economic space with free movement of goods, labor and capital. Twenty five years...
Persistent link: https://www.econbiz.de/10011520823