Download or read book The Trade Structure Effects of Endogenous Regional Trade Agreements written by Hartmut Egger and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Trade Effects of Endogenous Preferential Trade Agreements written by Peter Egger and published by . This book was released on 2010 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent work by Anderson and van Wincoop (2003) establishes an empirical modelling strategy which takes full account of the structural, non-(log-)linear impact of trade barriers on trade in new trade theory models. Structural new trade theory models have never been used to evaluate and quantify the role of endogenous preferential trade agreement (PTA) membership for trade in a way which is consistent with general equilibrium. Apart from this gap, the present paper aims at delivering an empirical model which takes into account both that preferential trade agreement membership is endogenous and that the world matrix of bilateral trade flows contains numerous zero entries. These features are treated in an encompassing way by means of (possibly two-part) Poisson pseudo-maximum likelihood estimation with endogenous binary indicator variables in the empirical model.
Download or read book GVCs and the Endogenous Geography of RTAs written by Lionel Fontagné and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Methodology for Impact Assessment of Free Trade Agreements written by Michael G. Plummer and published by Asian Development Bank. This book was released on 2011-02-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.
Download or read book Evaluating the Trade Effect of Developing Regional Trade Agreements written by Souleymane Coulibaly and published by . This book was released on 2016 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many recent papers have pointed to ambiguous trade effects of developing regional trade agreements (RTAs), calling for a reassessment of their economic merits. The author focuses on seven such agreements currently in force in Sub-Saharan Africa (ECOWAS and SADC), Asia (AFTA and SAPTA) and Latin America (CACM, CAN, and MERCOSUR), estimating their impacts on their members' trade flows. Instead of the usual dummy variables for RTAs, he proposes a variable taking into account the number of years of membership. He then combines a gravity model with kernel estimation techniques to capture the non-monotonic trade effects while imposing minimal structure on the model. The results indicate that except for SAPTA, these RTAs have had a positive impact on their members' intra-trade over the estimation period (1960-99). AFTA seems to be the most successful among them, with an estimated positive impact on its members' imports from the rest of the world (hence no trade diversion), but its impact on their exports to the rest of the world is rather limited. During its first 10 years of existence, ECOWAS appears to have had a positive impact on its members' imports from the rest of the world (hence no trade diversion), but this positive impact vanished over time. SAPTA's negative impact on its members' intra-trade is probably an implicit effect of the India-Pakistan tensions over the estimation period.
Download or read book Endogenous Trade Protection Under Regional Trade Agreements written by Gustavo Sanchez Bizot and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Endogenous tariff formation has been the subject of theoretical studies that attempt to determine the fundamental economic variables that influence the structure of industry protection implemented by international trade policy makers. An empirical analysis of endogenous tariff formation under the framework of a regional trade agreement implemented by the Andean Community Group is offered in this dissertation. Econometric models for the group's common external tariff (CET) and for individual country tariff deviations with respect to the CET are estimated. The analysis is based on cross-sectional industrial and trade data for 1996, collected at four digit level of aggregation. The level of aggregation refers to the specific definition of industrial sectors included in the International Standard Industrial Code (ISIC). While previous studies on another regional integrated group in South America (MERCOSUR) use data at the three digit level, the aggregation used in this research implies a significant increase in the sample size, and also a more homogeneous specification regarding the composition of the industrial sectors under analysis. The causal links among the variables are obtained by using the directed acyclical graphs (DAGs) approach. This allows for a refined search for causal relationships. The approach is particularly appealing for the analysis of endogenous trade protection since it allows analyzing economic systems that involve policy intervention. The empirical analysis supports several of the classic theoretical models on trade protection. The results are consistent with the equity concern model, which suggests that governments tend to protect industrial sectors that employ a significant number of low wage unskilled workers. The estimated models also support the interest group and the adding machine theoretical formulations. However, a rather interesting result derived from the DAG analysis is the feedback interaction that seems to operate between tariffs and policy variables. The current literature restricts the estimation of trade protection by imposing tariffs as the dependent variable with no reverse effect from this variable to the policy variables. Our results challenge this unidirectional causality view, since an effect from tariffs to the policy variables shows up in most of the estimated specifications.
Download or read book The Effect of Regional Trade Agreements on the Global Economy and Society written by and published by . This book was released on 2009 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses the trade and geographic data from several public datasets that cover all RTAs from 1972 to 2000 to examine two research questions; what kinds of factors affect the decision to create RTAs, and does entering an RTA really have a positive effect on the member's trade? In order to isolate the effects of concluding RTAs from other factors, I use multivariate models including the gravity model.
Download or read book Handbook of Deep Trade Agreements written by Aaditya Mattoo and published by World Bank Publications. This book was released on 2020-09-23 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).
Download or read book The Spillover Effects of Regional Trade Agreements on Trade written by Dakshina G. De Silva and published by . This book was released on 2019-07 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade Investment and the Sustainable Development Goals written by Cosimo Beverelli and published by Cambridge University Press. This book was released on 2020-10 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: A multi-disciplinary investigation of how economic globalization can help achieve the UN's 2030 Agenda, exploring trade-offs among the Goals.
Download or read book How to Design Negotiate and Implement a Free Trade Agreement in Asia written by Asian Development Bank. Office of Regional Economic Integration and published by . This book was released on 2008 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Rules in the Global Trading System written by Antoni Estevadeordal and published by Cambridge University Press. This book was released on 2009-06-18 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the rules governing regional trade agreements, providing new insights into the interplay between regional and multilateral trade rules.
Download or read book Handbook of Commercial Policy written by and published by Elsevier. This book was released on 2016-11-02 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Commercial Policy explores three main topics that permeate the study of commercial policy. The first section presents a broad set of basic empirical facts regarding the pattern and evolution of commercial policy, with the second section investigating the crosscutting legal issues relating to the purpose and design of agreements. Final sections cover key issues of commercial policy in the modern global economy. Every chapter in the book provides coverage from the perspectives of multilateral, and where appropriate, preferential trade agreements. While most other volumes are policy-oriented, this comprehensive guide explores the ways that intellectual thinking and rigor organize research, further making frontier-level synthesis and current theoretical, and empirical, research accessible to all. Covers the research areas that are critical for understanding how the world of commercial policy has changed, especially over the last 20 years Presents the way in which research on the topic has evolved Scrutinizes the economic modeling of bargaining and legal issues Useful for examining the theory and empirics of commercial policy
Download or read book A Practical Guide to Trade Policy Analysis written by Marc Bacchetta and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development
Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Download or read book Region And Trade The New Analytical Directions written by Amitrajeet A Batabyal and published by World Scientific. This book was released on 2015-06-11 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although international trade has been much studied by both economists and regional scientists, the nature, causes, and the consequences of interregional trade, i.e., trade between regions within countries has received far less attention. In addition, given recent advances in new economic geography on the theoretical front and in the development of both input-output and computable general equilibrium models on the empirical front, the important subject of interregional trade is now open to study using these theoretical and empirical methodologies. Given this state of affairs, this book aims to present chapters written by a carefully selected group of experts in the field and thereby shed valuable light on key outstanding questions concerning the region and trade. These questions include, but are not limited to, the role of external economies in shaping the pattern of interregional trade, the role of natural resources versus traditional factors of production such as labor and capital in driving interregional trade, the relationship between transport and interregional trade, “high value” interregional trade in services, and the role of interregional trade estimation in the construction of a multi-regional, input-output system.
Download or read book Regional Trading Blocs in the World Economic System written by Jeffrey A. Frankel and published by Peterson Institute. This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers trends from 1957 to 1995.
