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This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern … vertical FDI. The market-seeking strategy appears to be more important than factor-proportion related motivations; however, the … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …
Persistent link: https://www.econbiz.de/10010371905
-so-poor beneficiaries also expand foreign sales, but only if they are not WTO members. For all others, the average export effects of NRTPs …
Persistent link: https://www.econbiz.de/10011924652
How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK’s exit from the EU’s single market and customs union in January 2021 led to an...
Persistent link: https://www.econbiz.de/10015182861
Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....
Persistent link: https://www.econbiz.de/10010212649
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...
Persistent link: https://www.econbiz.de/10011309578
Three years ago, very few economists would have imagined that one of the newest and fastest growing research areas in international trade is the use of quantitative trade models to estimate the economic welfare losses from dissolutions of major countries' economic integration agreements (EIAs)....
Persistent link: https://www.econbiz.de/10012026353
We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10011560677
effects are sizable. The WTO Information Technology Agreement's (ITA) unique setting allows us to overcome the challenges … elimination, through WTO bindings, adds a further two layers, boosting both imports and exports more than equivalent unilateral …
Persistent link: https://www.econbiz.de/10011882479
This paper studies the role of dataset choices for trade policy estimates in structural gravity models. Using twelve publicly available data sources and applying alternative and commonly used dataset restrictions, we obtain 586 estimates for the EU membership trade effects from a standard...
Persistent link: https://www.econbiz.de/10015393868
This paper investigates the bilateral impacts of antidumping measures, beyond directly targeted products and exporting firms. It focuses on the country whose exports are most exposed to such measures, China. Product-level analysis shows that export volumes are negatively affected for products...
Persistent link: https://www.econbiz.de/10014583783