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and trade finance, particularly those receiving trade loans. Results show that a percent increase in trade finance loan is … associated with 0.067-0.083 percent increase in export earnings depending on the model. When we proxy trade finance by the sum of … trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the …
Persistent link: https://www.econbiz.de/10014634742
zeigt, dass ein tiefgreifendes Handelsabkommen(Transatlantic Trade and Investment Partnership, TTIP), welches auch nicht …, which analyzes the dimensions and impact of a free trade agreement between the USA and the EU. Accordingly, a comprehensive … free trade agreement (Transatlantic Trade and Investment Partnership, TTIP) between the two regions, which includes a …
Persistent link: https://www.econbiz.de/10010511685
The sheer size of the EU and US economies combined suggests substantial economic benefits from eliminating tariffs, reducing the costs of regulatory divergence, and deepening cooperation. Estimating these gains is difficult: uncertainty concerning modelling choices, data, and scenarios looms...
Persistent link: https://www.econbiz.de/10011458577
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …
Persistent link: https://www.econbiz.de/10012822504
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …
Persistent link: https://www.econbiz.de/10012287974
Bilateral trade balances often play an important role in the international trade policy debate. Academic economists … understand that they are misleading indicators of competitiveness and of the gains from trade. However, they also recognize their … (2002) argue that the canonical gravity model of trade fails when confronted with bilateral trade balances data, dubbing …
Persistent link: https://www.econbiz.de/10012064371
Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade … but also widely heterogeneous across sanctioning countries. Moreover, they depend on the direction of trade. We also …
Persistent link: https://www.econbiz.de/10012031035
When two countries conclude a free trade agreement (FTA), they define rules of origin (RoOs) to determine whether a … the member with the lowest tariff (trade deflection). However, RoOs distort exporters' sourcing decisions and burden them … with red tape. Using a global data set, we show that, for 86% of global trade and 78% of bilateral product …
Persistent link: https://www.econbiz.de/10011804185
trade. We also obtain estimates of the effects on trade of the 2014 sanctions on Russia, …
Persistent link: https://www.econbiz.de/10013455750
The unbundling of trade across regions offers unique opportunities for SMEs to integrate into global trade notably … factoring has a positive effect in allowing SMEs to access international trade, in countries in which it is available. Factoring …
Persistent link: https://www.econbiz.de/10011521813