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This paper studies the effect of trade openness on output volatility. We find that trade openness generally increased output volatility, although this effect was stronger and more significant during 1950-1975 than during 1975-2000. However, if we split the sample into developed and developing...
Persistent link: https://www.econbiz.de/10014052513
Disciplining domestic support to agriculture remains an unfinished agenda in the WTO negotiations due to the different views and positions of members. Developing members have been consistently demanding an effective special and differential treatment (S&DT) for themselves, along with a...
Persistent link: https://www.econbiz.de/10014091772
% for the EU, by .5% for the United States, and by -.02% for the rest of the world relative to the status quo. However …
Persistent link: https://www.econbiz.de/10011519132
rest of the world relative to the status quo. However, there is substantial heterogeneity across the 134 geographical …
Persistent link: https://www.econbiz.de/10010469287
We derive a novel estimation approach to quantify three-party relocation effects in a dyadic framework. Applied to the … our estimation approach from the structural gravity model of international trade, translating the triadic relationship … between a conflict country and an exporter-importer pair into an estimable dyadic relationship. Our estimation approach can be …
Persistent link: https://www.econbiz.de/10013167613
world trade in a given year. Using this innovative way to measure openness, the current essay examines the impact of trade … takes into consideration the heterogeneity nature of world countries …
Persistent link: https://www.econbiz.de/10013003485
to a substantial degree. It reveals that the world GDP effects will amount to US$ 49.9~186.2 billion (0.12~0.45%) and the …
Persistent link: https://www.econbiz.de/10013048243
integrated into the world economy, firms and individual entrepreneurs are induced to engage in the formal sector so as to reap …
Persistent link: https://www.econbiz.de/10013225766
We propose a short-run theory of the extensive margins of trade, comprising the standard international extensive margin and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific policy effects not properly identified in previous...
Persistent link: https://www.econbiz.de/10013285497
integrated into the world economy, firms and individual entrepreneurs are induced to engage in the formal sector so as to reap …
Persistent link: https://www.econbiz.de/10013183973