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The future of global value chains and the role of the WTO

Dadush, Uri - 2022 - Manuscript date: April 2022

Disruptions to global value chains (GVCs) - caused by conflicts, natural disasters, and accidents that close transport routes - and that affect specific regions or sectors, are not unusual. However, in recent years and amid the Covid-19 pandemic, they have become more frequent and severe. High...

Persistent link: https://www.econbiz.de/10013337959

Clustering value-added trade : structural and policy dimensions

Escaith, Hubert; Gaudin, Hadrien - 2014 - Manuscript date: 2 June 2014

A second approach focuses on the relationships existing between the variables themselves, using multi-criteria and graph analysis. Natural resources endowments, on the one hand, and services orientation, on the other one, are among the most determinant variables for defining Trade in Value Added...

Persistent link: https://www.econbiz.de/10010376488

Accumulating trade costs and competitiveness in global value chains

Diakantoni, Antonia; Escaith, Hubert; Roberts, Michael; … - 2017 - Manuscript date: January 2017

Trade costs such as applied tariffs, transportation and insurance costs are amplified as they pass through the multiple production steps associated with modern supply chains. This so-called "cascade effect" arises since trade costs accumulate as intermediate goods are imported and then...

Persistent link: https://www.econbiz.de/10011594191

Specialization within global value chains : the role of additive transport costs

Lanz, Rainer; Piermartini, Roberta - 2018 - Manuscript date: April 2018

This paper studies the factors of comparative advantage within global value chains relying on a framework where comparative advantage is measured through the interaction of country and industry characteristics. We find that good institutions give a comparative advantage in the later stages of...

Persistent link: https://www.econbiz.de/10011847563

Can economic sanctions be effective?

Smeets, Maarten - 2018 - Manuscript date: March 2018

countries involved in the sanction episodes, including those taking the sanctions, thus shooting themselves in the foot. The … country facing the sanctions is likely to develop trade relations with third parties that are not part of the sanction … coalition. It is observed that sanctions are mostly taken in complement of diplomatic and other forms of pressure. The type of …

Persistent link: https://www.econbiz.de/10011810315

Trade and welfare effects of the WTO Trade Facilitation Agreement

Beverelli, Cosimo; Gourevich, Isabella; Heiland, Inga; … - 2023 - Manuscript date: 28 February 2023

The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real income gains. To date, there is still very limited empirical evidence on the actual post-implementation impact of the TFA. This paper provides an assessment, combining econometric...

Persistent link: https://www.econbiz.de/10014225999

A new look at the extensive trade margin effects of trade facilitation

Beverelli, Cosimo; Neumüller, Simon; Teh, Robert - 2014 - Manuscript date: 13 October 2014

We estimate the effects of trade facilitation on the extensive margins of trade. Using OECD Trade Facilitation Indicators – which closely reflect the Trade Facilitation Agreement negotiated at the Bali WTO Ministerial Conference of December 2013 – we show that trade facilitation in a given...

Persistent link: https://www.econbiz.de/10012882814

A new look at the extensive trade margin effects of trade facilitation

Beverelli, Cosimo; Neumüller, Simon; Teh, Robert - 2014 - Manuscript date: 13 October 2014

We estimate the effects of trade facilitation on the extensive margins of trade. Using OECD Trade Facilitation Indicators - which closely reflect the Trade Facilitation Agreement negotiated at the Bali WTO Ministerial Conference of December 2013 - we show that trade facilitation in a given...

Persistent link: https://www.econbiz.de/10010417170

A "probabilistic" approach to the use of econometric models in sunset reviews

Keck, Alexander (contributor); … - 2006

Economists have increasingly become involved in trade remedy and litigation matters that call for economic interpretation or quantification. The literature on the use of econometric methods in response to legal requirements of trade policy is rather limited. This article contributes to filling...

Persistent link: https://www.econbiz.de/10003291951

An economic analysis of the US-China trade conflict

Bekkers, Eddy; Schroeter, Sofia - 2020 - Manuscript date: 26 February 2020

This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the tariff increases, a discussion of the background of the trade conflict, and an analysis of the economic effects of the trade conflict, based both on empirics (ex post analysis)...

Persistent link: https://www.econbiz.de/10012182790