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Competing liberalizations : tariffs and trade in the 21st century

Bureau, Jean-Christophe; Guimbard, Houssein; Jean, … - 2016

This paper proposes a unique overview of trade policies trends since the launch of the Doha Round, based on detailed data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization so far, leading to only a 0.3 percentage point (p.p.) cut...

Persistent link: https://www.econbiz.de/10011496864

The impact of liberalisation and globalisation on income inequality in developing and transitional economies

Cornia, Giovanni Andrea - 2003

the policy drive towards domestic deregulation and external liberalisation. The paper concludes by analysing the …

Persistent link: https://www.econbiz.de/10011514131

Did globalization influence credit market deregulation?

Eppinger, Peter S.; Potrafke, Niklas - 2015

We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …

Persistent link: https://www.econbiz.de/10010528971

Institutions and development : the interaction between trade regime and political system

Falkinger, Josef; Grossmann, Volker - 2004

This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...

Persistent link: https://www.econbiz.de/10011450834

Peeling away the layers : impacts of durable tariff elimination

Gnutzmann-Mkrtchyan, Arevik; Henn, Christian - 2018

We demonstrate that durable MFN tariff elimination affects trade patterns through several layers, and magnitudes of effects are sizable. The WTO Information Technology Agreement's (ITA) unique setting allows us to overcome the challenges associated with identifying effects of non-discriminatory...

Persistent link: https://www.econbiz.de/10011882479

The politics of international trade

Ethier, Wilfred; Hillman, Arye L. - 2017

Traditional international trade models explain comparative advantage and describe aggregate gains for a country from trade and from terms-of-trade improvement but do not address the politics of international trade policy. A positive or predictive model that studies the politics of trade policy...

Persistent link: https://www.econbiz.de/10011646904

A simple method to quantify the ex-ante effects of "deep" trade liberalization and "hard" trade protection

Larch, Mario; Tan, Shawn W.; Yotov, Yoto - 2021

We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and the "hard" effects of protection with the empirical structural gravity model. Specifically, we argue that the difference between the estimates of border indicator variables for...

Persistent link: https://www.econbiz.de/10012599928

Politicized trade : what drives withdrawal of trade preferences?

Gassebner, Martin; Gnutzmann-Mkrtchyan, Arevik - 2017

While it is well understood that industrialized countries use aid to grant political favors, little research covers alternative channels such as trade policy towards developing countries. We analyze eligibility investigations and revoking of U.S. Generalized System of Preferences (GSP) benefits...

Persistent link: https://www.econbiz.de/10011761497

Trade and industrial policy of transition economies

Gonzales, José Luis Moraga; Viaene, Jean-Marie - 2001

Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...

Persistent link: https://www.econbiz.de/10011398110

Firm dynamics and residual inequality in open economies

Felbermayr, Gabriel; Giammario, Impullitti; Prat, Julien - 2014

Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....

Persistent link: https://www.econbiz.de/10010250120