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The NAFTA and MERCOSUR agreements seem to have accelerated the regional integration process respectively within North and South of America. In the South in particular, MERCOSUR has led to trade liberalisation and deregulation, which has resulted in significant growth of its regional trade. In...
Persistent link: https://www.econbiz.de/10015235431
The link between regional integration and intra-industry trade (IIT) has been under scrutiny since it has been first suggested by the European integration process. However, the lack of reliable data and the difficulty to find a robust model for IIT made this relationship difficult to prove. This...
Persistent link: https://www.econbiz.de/10015235597
Persistent link: https://www.econbiz.de/10013359280
This paper examines the impact of coalitions on the economic costs of the 2012 Iran and 2014 Russia sanctions. By estimating and simulating a quantitative general equilibrium trade model under different coalition set-ups, we (i) dissect welfare losses for sanction-senders and target; (ii)...
Persistent link: https://www.econbiz.de/10013438611
We analyse firms' sourcing decisions under institutional uncertainty in foreign countries. Firms can reduce their uncertainty by observing offshoring firms' behaviour. The model characterises a sequential offshoring equilibrium path, led by the most productive firms in the market. With multiple...
Persistent link: https://www.econbiz.de/10013470302
This paper introduces the third update/release of the Global Sanctions Data Base (GSDB-R3). The GSDB-R3 extends the period of coverage from 1950-2019 to 1950-2022, which includes two special periods – COVID-19 and the war between Russia and Ukraine. The new update of the GSDB contains a total...
Persistent link: https://www.econbiz.de/10013470359
In this paper we integrate the costs of trade finance in a computable general equilibrium (CGE) model to evaluate the trade and output effects of counterfactual policy experiments on costs of and access to trade finance. The costs of financing international trade consist of two components: the...
Persistent link: https://www.econbiz.de/10013537584
This paper focuses on developing countries exports to the OECD and obtains several important results on export dynamic, linking exports experience and exports survival. It also provides insights on the role of preferential trade agreements (PTAs) in facilitating export experience and thus...
Persistent link: https://www.econbiz.de/10014000666
We use recent detailed Chinese data on trade and pollution emissions to assess the environmental consequences of China's integration into the world economy. We rely on a panel dataset covering 235 Chinese cities over the 2003-2012 period to see whether the environmental repercussions from trade...
Persistent link: https://www.econbiz.de/10014000738
Dans cet article nous proposons d'analyser le rôle et l'importance de la langue française sur les flux commerciaux de biens par rapport aux autres types de proximité (géographique, historique, etc.) et de chiffrer son poids économique pour les pays de l'espace francophone (EF), en termes de...
Persistent link: https://www.econbiz.de/10014000756