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The Bali Trade Facilitation Agreement and Rulemaking in the WTO: Milestone, Mistake or Mirage?

Hoekman, Bernard - C.E.P.R. Discussion Papers - 2014

The Agreement on Trade Facilitation (TFA) embodies the first set of new multilateral rules to have been negotiated under auspices of the WTO, part of a small package of decisions centering on matters of interest to developing countries that was “harvested” from the broader Doha round. This...

Persistent link: https://www.econbiz.de/10011084188

Dollar Illiquidity and Central Bank Swap Arrangements During the Global Financial Crisis

Rose, Andrew K; Spiegel, Mark - C.E.P.R. Discussion Papers - 2011

While the global financial crisis was centered in the United States, it led to a surprising appreciation in the dollar, suggesting global dollar illiquidity. In response, the Federal Reserve partnered with other central banks to inject dollars into the international financial system. Empirical...

Persistent link: https://www.econbiz.de/10009293988

Openness and Industrial Response in a Wal-Mart World: A Case Study of Mexican Soaps, Detergents and Surfactant Producers

Javorcik, Beata; Keller, Wolfgang; Tybout, James R - C.E.P.R. Discussion Papers - 2006

This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of NAFTA and the GATT on the SDS industry was to...

Persistent link: https://www.econbiz.de/10005661768

Import Competition and Exit in Business Services Sectors

Bombarda, Pamela; McCann, Fergal; Toubal, Farid - C.E.P.R. Discussion Papers - 2010

Business services firms are increasingly under pressure from foreign competition. We develop an oligopolistic … competition model that studies the effect of trade liberalization on exit and sectoral restructuring in the business services … business services sector. The empirical analysis confirms that due to greater import penetration, French service firms exit by …

Persistent link: https://www.econbiz.de/10008692315

Policy Uncertainty, Trade and Welfare: Theory and Evidence for China and the U.S.

Handley, Kyle; Limão, Nuno - C.E.P.R. Discussion Papers - 2013

We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework with heterogeneous firms. We show that increased TPU reduces investment in export entry and technology upgrading, which in turn reduces trade flows and real income for consumers....

Persistent link: https://www.econbiz.de/10011083973

Trade and Investment under Policy Uncertainty: Theory and Firm Evidence

Handley, Kyle; Limão, Nuno - C.E.P.R. Discussion Papers - 2012

We provide theoretical and empirical evidence that policy uncertainty can significantly affect firm level investment and entry decisions in the context of international trade. When market entry costs are sunk, policy uncertainty can create a real option value of waiting to enter foreign markets...

Persistent link: https://www.econbiz.de/10011083993

Service Offshoring, Productivity and Employment: Evidence from the US

Amiti, Mary; Wei, Shang-Jin - C.E.P.R. Discussion Papers - 2006

paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000, using … are finely disaggregated (450 manufacturing industries). However, this affect disappears at more aggregate industry level …

Persistent link: https://www.econbiz.de/10005124479

European Integration and Trade Flows

Neven, Damien J; Röller, Lars-Hendrik - C.E.P.R. Discussion Papers - 1990

We study a model of intra-European trade flows and trade between Europe and the rest of the world for 29 manufacturing …

Persistent link: https://www.econbiz.de/10005281323

Globalization and European Labour Markets

Burda, Michael C; Dluhosch, Barbara - C.E.P.R. Discussion Papers - 1998

empirical puzzles in the trade-wages debate and can also explain the bimodal growth in services (high and low skill) observed in …

Persistent link: https://www.econbiz.de/10005656366

International Trade in Services: A Portrait of Importers and Exporters

Breinlich, Holger; Criscuolo, Chiara - C.E.P.R. Discussion Papers - 2010

We provide a novel set of stylized facts on firms engaging in international trade in services, using unique data on … firm-level exports and imports from the world's second largest services exporter, the United Kingdom (UK). We show that … only a fraction of UK firms engage in international trade in services, that trade participation varies widely across …

Persistent link: https://www.econbiz.de/10008468538