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Do better trade logistics reduce trade costs, raising a country's exports?  Yes, but the magnitude of the effect depends on country size.  Applying a new gravity model to a comprehensive logistics index, we find that an average-sized country would raise exports by about 46% after a...
Persistent link: https://www.econbiz.de/10005007819
Este artículo analiza los efectos de la progresiva implantación de un acuerdo de libre comercio entre Marruecos y la UE sobre las exportaciones de las Comunidades Autónomas (CC.AA.) españolas a ese país. Para ello, estimamos una ecuación de gravedad con datos de las CC.AA. y ramas de...
Persistent link: https://www.econbiz.de/10008514951
Global income elasticity of trade (GIET) is the percentage increase in world imports or exports, attributable to a percentage increase in world income or output. Theoretical and econometric research has shown that greater ~than unitary income elasticities to import and to export have...
Persistent link: https://www.econbiz.de/10008506760
Most empirical policy work requires the aggregation of policies. Trade policy aggregation exemplifies the aggregation problem poignantly, with thousands of highly dispersed trade barriers. This paper provides methods of policy aggregation that are consistent with two common objectives of...
Persistent link: https://www.econbiz.de/10005774757
Today, more than 50 years after the Rome Treaty, the EU has made great strides in its’ economic integration and liberalization of movement of goods and people. International trade theory predicts deepening economic integration inside the European Union will increase regional trade and have...
Persistent link: https://www.econbiz.de/10008462323
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
We analyse the effect due of the next FTA between Morocco and the EU on bilateral Moroccan imports. As our main contribution to the existing literature, we include in our gravity equation tariff data at the industry level. This allows to better estimate trade determinants and also makes possible...
Persistent link: https://www.econbiz.de/10005187542
Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...
Persistent link: https://www.econbiz.de/10011820110
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
Protection unconstrained by rules often varies substantially over time. Rules-based disciplines, such as WTO tariff …
Persistent link: https://www.econbiz.de/10005119315