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Trade used to be about goods crossing borders and the instrument of protection was mostly through tariffs. Then there was greater recognition of trade in services, now exceeding the share of goods in global trade. Because of services, the focus of trade protection shifted more towards "behind...
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This paper investigates the impact of restrictive TBTs on firms' extensive margins (export participation and exit … probability), intensive margins (export value) and pricing strategy (export price). To this end, product-level restrictive TBTs … and firm-level export are combined and an instrumental-variable approach is utilized. The results show that the imposition …
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In recent years, a number of studies have been put forth to assess the potential economic effects of the EU-US trade agreement – the Transatlantic Trade and Investment Partnership (TTIP). Most studies report gains for the TTIP-member states. However, the commonly applied CGE models contain...
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"This paper briefly reviews new indices of trade restrictiveness and trade facilitation that have been developed at the World Bank. The paper also compares the trade impact of different types of trade restrictions applied at the border with the effects of domestic policies that affect trade...
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