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With the availability of international value added trade data it has become evident that gross export data and value …
Persistent link: https://www.econbiz.de/10013023177
The paper is devoted to an econometric analysis of learning foreign languages in all parts of the world. Our sample … learning while the world population of speakers of the native language generally discourages it. Trade with speakers of a … other three key variables (literacy rate, linguistic distance, and world population of native speakers) because its …
Persistent link: https://www.econbiz.de/10013048885
The Marrakesh Agreement establishing the WTO recognizes the need for positive efforts designed to ensure that developing countries and especially the least developed among them secure a share in the growth in international trade commensurate with the needs of their economic development.This...
Persistent link: https://www.econbiz.de/10012436848
Persistent link: https://www.econbiz.de/10012777920
We use a new firm level data set that establishes the location, ownership, and activity of 650,000 multinational subsidiaries - close to a comprehensive picture of global multinational activity. A number of patterns emerge from the data. Most foreign direct investment (FDI) occurs between rich...
Persistent link: https://www.econbiz.de/10012721204
In recent years, debates on international trade policy have focused on the role of the World Trade Organization and the … drive trade liberalisation. Also, the world's fastest growing economies are those Asian economies that have embraced free … respond by removing their own protectionism. Unilateral action, not trade negotiations, is the key: the world cannot wait for …
Persistent link: https://www.econbiz.de/10012724128
We study the relationship between the scope of trade policy cooperation and bilateral trade flows with a particular focus on global value chain (GVC) trade using data on the core and non-core provisions included in preferential trade agreements (PTAs). We find that broader PTAs have a larger...
Persistent link: https://www.econbiz.de/10012296546
There is an ongoing debate about whether standards act as trade catalysts or barriers. This article uses a gravity model to analyze the effects of national standards on the trade of agricultural products between China and the 64 Belt and Road (B&R) countries from 1990 to 2019. Mandatory...
Persistent link: https://www.econbiz.de/10014289429
We nest an extended two-way fixed effect (ETWFE) estimator for staggered difference-in-differences within the structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest that RTA estimates in the current gravity literature may be...
Persistent link: https://www.econbiz.de/10014431432
We nest an extended two-way fixed effect (ETWFE) estimator for staggered difference-in-differences within the structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest that RTA estimates in the current gravity literature may be...
Persistent link: https://www.econbiz.de/10014435475