We investigate the effect of trade liberalization in a stagnant economy characterized by firm-level productivity heterogeneity. By incorporating Melitz's (2003) framework into a model of economic stagnation driven by insufficient aggregate demand, we examine how trade opening affects employment...

This paper examines how import liberalization affects labor markets when labor and intermediate inputs can act as complements or substitutes. We incorporate a constant-elasticityof-substitution (CES) production function into a dynamic quantitative trade model and show that the labor market...

This study focuses on the impact of China's digital economy on sustainable modernization from 2011 to 2021, using provincial panel data for empirical analysis. By applying threshold and mediation models, we find that the digital economy promotes modernization through industrial upgrading (with a...

We examine the relationship between economic development and female labor force participation, with a focus on the impact of gender norms. Analyzing quasi-random variation in provincial exports in reunified Vietnam from 2002 to 2018, we find that a positive economic shock led to a significant...

We examine the relationship between economic development and female labor force participation, with a focus on the impact of gender norms. Analyzing quasi-random variation in provincial exports in reunified Vietnam from 2002 to 2018, we find that a positive economic shock led to a significant...

We examine the effects of international trade in the presence of a set of domestic distortions giving rise to informality, a prevalent phenomenon in developing countries. In our quantitative model, the informal sector arises from burdensome taxes and regulations that are imperfectly enforced by...

This paper examines how trade liberalization-induced labor demand shocks affect wages and non-wage working conditions. Using exogenous trade shocks from EU enlargement and worker-level data, we find that export liberalization increases temporary contracts and atypical work schedules,...

While there is increasing evidence on the effects of trade liberalization on local labor markets, regional variation in cost and quality of living remains essential to understanding the broader welfare impacts of trade policy. This paper examines how trade liberalization influenced wage...

The impact of trade liberalization on Malawi's economy has been a hotly debated topic, To shed light on the subject, a study was conducted using the PEP-1-1 CGE model and the latest Malawi's Social Accounting Matrix (SAM) from 2019, The results were eye-opening, revealing the potential effects...

The study sought to analyse the impact of trade liberalization on Ghana's agricultural sector. This study's research design, which is secondary quantitative, was chosen. The study used econometric methods such as multivariate regression analysis, Bounds test etc to analyse the data. According to...

The current study thus explored the impact of technological innovation and trade openness on clean energy while accounting for economic growth, access to electricity, pollution, industrial restructuring, and urbanization using data from 1990 to 2020 for both the MINT and BRICS economies. A...

The article analyzes Mexico under globalization, particularly on the free mobility of capital. It argues that globalization has detrimentally impacted the productive and external sectors, causing the economy to become excessively reliant on volatile capital inflows from abroad. The Mexican...

This article proposes a model to examine the impact of trade liberalization on productivity growth in developing countries, exemplified by Vietnam, which is positioned at a technological distance from the frontier. Built upon the Schumpeterian framework and Total Factor Productivity (TFP)...

The study examines the impact of trade liberalization and non-oil exports on economic growth in Nigeria from 1986 to 2021. The study utilizes an autoregressive distributed lag model and found the combined effect of trade liberalization and non-oil exports to be positive and statistical...

We show that plurilateral agreements facilitate global tariff liberalization by creating an MFN-based margin of cooperation that leaves preferential access via preferential trade agreements (PTAs) unchanged. In a model of endogenous trade agreement formation with farsighted governments, PTAs...

In the modern globalized context, innovation represents a key driver of economic growth, while international trade plays an important role in fostering it. This study examines the relationship between the degree of trade openness and innovation performance across 27 EU member states over the...

This paper examines how logistics performance conditions the relationship between trade openness, economic growth and per capita CO₂ emissions in Mediterranean economies. Using an unbalanced panel of 20 countries over the period 2007-2022, we combine static fixed-effects, dynamic panel...

We show that plurilateral agreements facilitate global tariff liberalization by creating an MFN-based margin of cooperation that leaves preferential access via preferential trade agreements (PTAs) unchanged. In a model of endogenous trade agreement formation with farsighted governments, PTAs...

Global trade flows and supply chains adjust gradually. Empirical estimates of the trade elasticity for the short run are a fraction of those for the long run and suggest that trade is subject to substantive dynamic frictions. We develop a tractable framework that provides microfoundations for...

This paper presents a dataset and an analytical framework to study the welfare effects of tariff changes on women. The data is an extension of the Household Impacts of Tariffs (HIT) dataset, which contains harmonized household survey data for 54 low and lower middle-income countries. It includes...

This paper re-examines the role of trade and FDI inflows in accelerating the process of industrial growth involving countries belonging to the "Association of Southeast Asian Nations (ASEAN)" region. Trade openness and foreign direct investment (FDI) have improved the growth performance of...

• we analyze plurilateral trade agreements that liberalize trade in particular products among a range of countries • the Information Technology Agreement (ITA) covers around 12% of global trade • our theory shows that such agreements can be a way forward for multilateral liberalization in...

How should a developing country such as South Africa respond to the USA's "Liberation Day" Tariffs of April 2025 and subsequent shocks? Combining the GTAP-Dynamic (GDyn) Computable General Equilibrium model with an expanded Decision Support Model (DSM), we simulate five policy response scenarios...

Market forces, and notably the role of trade openness, contribute to shaping inequality in South Africa and may limit the inclusiveness of its growth path. Recently, policy reforms may have helped to mitigate these effects. To better understand these developments, we analyse trends in post-tax...