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We estimate the effect of RTAs on bilateral exports by means of a gravity model analyzing its sensitivity to different specifications and methods. RTAs generate a sizable positive effect. However, shifting to country-pair and time-varying fixed effects systematically reduces coefficients....
Persistent link: https://www.econbiz.de/10012406025
To become operational, the African Continental Free Trade Area (AfCFTA) must harmonize Rules of Origin (ROO) across Africa's Preferential Trade Agreements (PTAs) along two dimensions: regime-wide rules and product-specific rules. This paper describes and evaluates these ROO across the major...
Persistent link: https://www.econbiz.de/10012805550
world's population, economy, trade and muster large militaries. In January 2024, BRICS gained even more steam, by admitting … reacted alarmed. In September 2024, Turkey applied for membership as well. But can BRICS fully throw its weight on the world …
Persistent link: https://www.econbiz.de/10015395702
The Regional Comprehensive Economic Partnership (RCEP) presents strong potential to mold regional trade and investment patterns well into the future and to influence the direction of global economic cooperation at a challenging time. This paper evaluates the RCEP and estimates its potential...
Persistent link: https://www.econbiz.de/10012664623
processes shifted to digital mode and people were forced to participate, giving a boost to the digital economy across the world …. The focus is on RTAs that exist in the Asia Pacific region, along with India's perspective. The study identifies the …
Persistent link: https://www.econbiz.de/10013431490
Purpose: The aim of the paper is to evaluate the impact of CEFTA on exports and economic growth and development of its members. Regionalism is attractive to states and especially to developing countries, since they enhance their reliability on reforms to foreign investors and they raise their...
Persistent link: https://www.econbiz.de/10012485854
This study aims to analyze the impact of the China-Pakistan Regional Trade Agreement on Pakistan’s exports. We applied the gravity trade model using the Poisson Pseudo Maximum Likelihood (PPML) estimator for export data for a period of 16 years from 2003 to 2018. For the sake of a...
Persistent link: https://www.econbiz.de/10012814301
agreements in Asia based on manufacturing requirements, this study aims to identify the factors explaining the stringency of RCEP … Asia and reduce firms' costs of compliance in developing economies. It also demonstrates the need to strengthen aid for … trade in policy and negotiations in developing Asia. …
Persistent link: https://www.econbiz.de/10014465200
The primary objective of the research is to investigate the influence of international integration processes on national welfare. Peculiarities of trade and economic liberalization of trade through mechanism of regional trade agreements (RTA) forming have been scrutinized. Integration, which...
Persistent link: https://www.econbiz.de/10013258982
By utilizing panel statistics of 1520 country pairs and economic integration agreements (EIAs) from 2007 to 2017, this paper presents evidence of the effect of EIAs on export margins, i.e., both extensive (firms) and intensive margins (average exports per firm). In doing so, this work adds...
Persistent link: https://www.econbiz.de/10015373978