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Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the …
Persistent link: https://www.econbiz.de/10012867397
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This draft chapter examines the embedded liberalism compromise in the context of the GATT and Uruguay Round agreements. It also briefly addresses possible examples of embedded liberalism in the current international economic law environment. The term “embedded liberalism” was coined by John...
Persistent link: https://www.econbiz.de/10012924384
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which … countries trade homogeneous products in world markets and produce according to their comparative advantage as determined by …
Persistent link: https://www.econbiz.de/10012602338
The weak global GDP growth since the financial crisis in 2007-2009 has coincided with unusually weak growth in global trade. Organisations that monitor international macro-economic development have identified growing protectionism – not least the increase in non-tariff barriers to trade, such...
Persistent link: https://www.econbiz.de/10013224809
This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...
Persistent link: https://www.econbiz.de/10013316371
Persistent link: https://www.econbiz.de/10003897558
in which traders operate.Binding tariffs at the WTO reduces the scope for their discretionary use. But, countries have … bound tariffs at ceiling levels often substantially above the level of applied tariffs. Therefore, whether the ceiling rate …. Using a recently built database on applied tariffs covering over 100 countries for the period 1996 to 2009, we find evidence …
Persistent link: https://www.econbiz.de/10009305703
Carbon-based import tariffs are discussed as policy measures to reduce carbon leakage and increase the global cost …-effectiveness of unilateral CO2 emission pricing. We assess how the potential of carbon tariffs to increase cost-effectiveness of … multi-region input-output (MRIO) analysis with computable general equilibrium (CGE) analysis based on data from the World …
Persistent link: https://www.econbiz.de/10011446667
model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a … WTO bound tariffs that we built for all WTO Members from 1996 to 2011 at the HS 6-digit level of disaggregation. Our …
Persistent link: https://www.econbiz.de/10010462834