Showing 1 - 10 of 43
welfare impact are determined by international and regional negotiation costs, bargaining power, accession rule, and intra …Due to low bargaining power and scarce resources, small developing states face severe disadvantages in international …-bloc migration. The main findings are: (i) bloc formation likelihood, size, and benefit increase with international negotiation costs …
Persistent link: https://www.econbiz.de/10010895315
the span between the start of trade talks and their conclusion. We use data from 88 regional trade agreements between 1988 …The Doha multilateral round of trade negotiations sponsored by the WTO has been dragging on for over a decade, with no … end in sight. In this short paper we assess empirically what determines the duration of trade negotiations, focusing on …
Persistent link: https://www.econbiz.de/10010840734
In this paper we test for financial integration among the major European Union countries using a new test, due to Snell(1996), which allows us to confirm or reject covered interest rate parity. Indeed, we offer a new distinction between strong or weak financial integrtion depending on whether or...
Persistent link: https://www.econbiz.de/10010840756
motive. Whereas there is only terms of trade effect of free capital movements across countries in the traditional of trade … disfavors the future them. In the capital-exporting country the bequest-accumulation effect and the terms of trade effect of … the bequest accumulation effect and the bequest reduction effect of the interest rate change caused by international …
Persistent link: https://www.econbiz.de/10010840769
This paper examines the economic rationales and conditions for the emer - gence of multinational enterprises (MNEs). Promoting production efficiency is not sufficient to justify the emergence of an MNE. With taxes in the model, tax authorities heavily tax an MNE’s economic activities, in which...
Persistent link: https://www.econbiz.de/10010840785
The Free Trade Area of the Americas FTAA will increase import competition for some forest product industries in Alabama …
Persistent link: https://www.econbiz.de/10009421168
Foreign born people are uniquely qualified to stimulate trade between their present country of residence and the … country in which they were born. This study provides an empirical investigation of the link between migration and trade flows … for Sweden. Trade and migration data for Sweden and 180 partner countries between 2002 and 2007 are used to estimate an …
Persistent link: https://www.econbiz.de/10009421181
This study estimates the trade potential for India using an augmented Gravity model and then attempts to determine the … importance of trade remedies. Based on the panel data, this Gravity model is the first-ever attempt to estimate India’s trade … potential in the pre- and post- global economic and financial crisis period. The estimates of India’s global trade potential …
Persistent link: https://www.econbiz.de/10009421183
using the System Generalized Method of Moment (GMM) approach. Trade and growth are usually positively correlated and capital … formation appears to be an important channel through which trade brings growth. There generally exists a positive relationship …
Persistent link: https://www.econbiz.de/10009421196
I apply the fixed versus variable cost trade-off associated with a multinational firm’s choice between investing abroad … reducing obstacles to investment unambiguously favours setting up plants. When trade barriers decrease, typically, there will … be consolidation of investment or a switch to exports. If, however, distance to destination markets matters for the …
Persistent link: https://www.econbiz.de/10009421206