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Trade Facilitation Agreement (WTO TFA) commitments, to a full set of digital trade facilitation measures. The analysis shows … that full implementation of both binding and non-binding measures in the WTO TFA is associated with an average 15% trade … cost reduction in Asia-Pacific. On the other hand, full implementation of binding and non-binding WTO TFA measures together …
Persistent link: https://www.econbiz.de/10011820111
Market access liberalization has influenced product-specific growth of world exports and contributed to the shift in the structure of world exports of manufactures towards electrical and electronic goods (including parts and components), goods that require high R&D expenditures, and...
Persistent link: https://www.econbiz.de/10010279308
We set up two rival Computable General Equilibrium (CGE) models of world trade, one based on classical theories of comparative advantage, the other based on recent gravity theories. We have tested them by indirect inference on the time-series of trade facts for five major countries or country...
Persistent link: https://www.econbiz.de/10012876023
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade. One of these, the 'classical' model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which countries trade homogeneous products in world markets and...
Persistent link: https://www.econbiz.de/10012876029
We examine the empirical evidence bearing on whether UK trade is governed by a Classical model or by a Gravity model, using annual data from 1965 to 2015 and the method of Indirect Inference which has very large power in this application. The Gravity model here differs from the Classical model...
Persistent link: https://www.econbiz.de/10011787154
Do better trade logistics reduce trade costs, raising a country´s exports? Yes, but the magnitude of the effectdepends on country size. Applying a new gravity model to a comprehensive logistics index, we …nd that anaverage-sized country would raise exports by about 46% after a one-standard...
Persistent link: https://www.econbiz.de/10005870125
Persistent link: https://www.econbiz.de/10013068347
The WTO's Agreement on Government Procurement (GPA) has data reporting obligations for all its Contracting Parties …
Persistent link: https://www.econbiz.de/10013112997
This paper estimates the trade potential for India using the augmented gravity model and then attempts to determine the importance of trade remedies. Based on panel data, this gravity model is the first-ever attempt to estimate India's trade potential in the pre- and post- global economic and...
Persistent link: https://www.econbiz.de/10013159325
will remain part of the landscape of international trade regulation for the foreseeable future.Under the WTO Enabling … existing WTO rules. All it takes is sufficient political will.Presented at the SIEL 2010 Conference in Barcelona …
Persistent link: https://www.econbiz.de/10013008861