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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
emigrants foster exports through both intensive and extensive margins at the micro-level. We show that destinations with more … world have a role to play in bridging the gap between Iranian diaspora and exporters through trade promotion exhibitions and … workshops to encourage greater trade between Iran and the rest of the world. …
Persistent link: https://www.econbiz.de/10012305852
unfair comparative advantage in trade by using child labour. The results indicate that multinationals are highly sensitive …
Persistent link: https://www.econbiz.de/10009364782
International trade in agriculture is growing rapidly under the auspices of the WTO. Within agriculture, a recent … contentious issue relates to trade in genetically modified foods and crops. This paper examines a variety of issues associated …
Persistent link: https://www.econbiz.de/10009364801
. Section 2 analyzes the international trade dimension of services policies in Vietnam, presently characterized by the recent … the framework of the country’s increasing international economic integration. Among the various services sectors, the … signing of the Bilateral Trade Agreement (BTA) with the US and by the on-going multilateral negotiations aimed at accessing …
Persistent link: https://www.econbiz.de/10009390591
By employing a model with international trade costs and imperfect competition, in which a domestic firm serves both the … domestic market and the foreign market, we show that intraindustry trade compared to intersectoral trade is globally, but not …, because domestic consumers have to bear trade costs. …
Persistent link: https://www.econbiz.de/10009390601