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Lower prices or higher quality? Firms’ response to increased competition following trade liberalization
This paper investigates the impact of increased competition at the product-market level on firms’ strategic price decisions. We analyse this issue in...
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Gravity analysis of trade for environmental goods focusing on bilateral tariff rates and regional integration
The importance of trade liberalization of environmental goods has been widely recognized since the 2001 Doha Ministerial Declaration of the World...
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The importance of deep integration in preferential trade agreements: the case of a successfully implemented Ukraine–Turkey free trade agreement
We construct a 45-sector model of Ukraine with Turkey and seven other regions to estimate the impacts on Ukraine of effectively implementing the deep...
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Interaction of the Russian Far East and Asia-Pacific Countries: Assessment of Institutional and Tariff Barriers to Trade
AbstractDue to the considerable distances from the major sales markets of Russia, the Far East has close ties with markets of the countries in the...
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Optimal WACC in tariff regulation under uncertainty
In the regulation of network tariffs, the compensation for the opportunity costs of capital through the Weighted Average Costs of Capital (WACC)...
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Deep regional trade agreement as a driver for global value chains in Africa: the case of ECOWAS region
Deep regional trade agreement (RTA) is likely to enhance global value chains (GVCs) by increasing coordination of trade policies. Economic Community...
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US Trade Policy Uncertainty and Nigeria’s Participation in Global Value Chains: Evidence from Frequency Domain Causality, Wavelet Coherence Analysis, and Time-Varying Causality
This study examines for the first time whether trade policy uncertainty emanating from the United States significantly predicts Nigeria’s...
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Climate Change, Food Security, and Trade: Navigating Through Multiple Crises
The world is afflicted by multiple crises—the debilitating effects of climate change, continuing impacts of the COVID-19 pandemic and global... -
Trade and Trade Policy
Colonial trade patterns were dictated by mercantilist doctrine, meaning that Britain’s New World colonies provided it with commodities and raw... -
Back in Spain: The Free Trade Debate in Moderate Spain (1844–1853)
Mora eventually returned to Spain in 1843. Due to a confluence of multiple factors (liberal economic reforms, regular parliamentary activity, greater... -
From Local to Global: International Trade and Value Chains
This chapter shows how local and national food systems are interconnected through trade, storage and processing, forming a global system that links... -
Computable General Equilibrium Models of Trade in the Modern Trade Policy Debate
We set up two rival Computable General Equilibrium (CGE) models of world trade, one based on classical theories of comparative advantage, the other...
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Domestic product standards, harmonization, and free trade agreements
This study considers endogenous domestic standards on products to control negative consumption externalities using a three-country model of...
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Regulatory harmonization with the European Union: opportunity or threat to Moroccan firms?
This paper combines a database on non-tariff measures (NTMs) with Morocco’s firm-level census to explore the effect of regulatory harmonization with...
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Nonlinearity in energy–employment nexus: the role of FDI, trade and growth in ASEAN-5
Past studies examining the linear association between energy consumption and employment have generally ignored the role of FDI, trade and economic...
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U.S.-China Great-Power Rivalry: From Trade War to New Cold War
This chapter establishes a connection between China’s mishandling of North Korea’s denuclearization and the outbreak of the trade war with the U.S.... -
The asymmetric effects of 20 years of tariff reforms on Egyptian workers
After more than two decades of trade liberalization, faced with deep structural problems which were exacerbated by the 2008 financial crisis and...
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Theories of International Trade and Competitiveness
TheCountry-based theories economic knowledge in the sphere of international trade goes back centuries and covers almost all schools of economic... -
Bidding for tariff exemptions in international oligopolies
An advice IMF often gives to its members that open up their markets to trade is to reduce the level of tariffs and to simultaneously increase...
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Probit 9 in international trade: another case of institutional path dependence
A large proportion of the literature on the international trade of agricultural products has focused on evaluating the impact of sanitary and...