International competitiveness is often regarded as crucial for the attainment of gains from trade, which may lead policy makers to subsidize exports. This view is based on confusion between the concepts of competitive and comparative advantage. The paper argues that when comparative advantage is...

This paper aims to investigate the validity of the J-curve hypothesis between Brazil and the USA using quarterly data for the period of 1981Q1- 2015Q1. To achieve this aim, the vector error correction (VEC) with cointegration, NARX (non-linear autoregressive exogenous) and ANFIS (adaptive...

This paper aims to investigate the validity of the J-curve hypothesis between Brazil and the USA using quarterly data for the period of 1981Q1- 2015Q1. To achieve this aim, the vector error correction (VEC) with cointegration, NARX (non-linear autoregressive exogenous) and ANFIS (adaptive...

This paper studied the effects of anti-dumping measures on the imports to investigate whether the trade restriction effect of an anti-dumping duty is dominant. Our results indicate that a 1% increase in the anti-dumping duties decreases the import of the targeted product by about 0.43~0.51%. The...

In der öffentlichen Diskussion wird der Freihandel infolge der gegenwärtigen Auseinandersetzungen zwischen China und den USA oft als ein Wert an sich betrachtet. Nüchtern gesehen ist er aber nur ein Verfahren, das nach allen Erfahrungen aus Theorie und Empirik Wohlstand erzeugen kann. Aber es...

The growing interdependency among East Asian countries means that there is concern not only on the way their macroeconomic variables are linked across borders, but also on the way shocks are transmitted as a consequence. This paper investigates the effect of macroeconomic linkages on...

Ein EU-US-Freihandelsabkommen ist seit Jahren überfällig. Anfang Februar 2013 wird die US-EU High Level Group on Growth and Jobs höchstwahrscheinlich die Aufnahme von Verhandlungen empfehlen. Stormy-Annika Mildner, Stiftung Wissenschaft und Politik (SWP), und Claudia Schmucker, Deutsche...