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  1. A composite index of economic integration in the West African Monetary Zone (WAMZ)
    Erschienen: December 2018
    Verlag:  West African Monetary Institute, [Accra, Ghana]

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/264226
    Schriftenreihe: WAMI occasional paper series ; no. 15
    Schlagworte: Economic Integration Index; trade integration; macroeconomic convergence; WAMZ
    Umfang: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  2. Analyzing india-nepal economic integration$bstatus, challenges and way forward
    Erschienen: February 2024
    Verlag:  RIS, Research and Information System for Developing Countries, New Delhi (India)

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    Sprache: Englisch
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    Schriftenreihe: RIS discussion paper series ; RIS-DP # 290
    Schlagworte: India-Nepal relations; trade integration; investment; trade barriers
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  3. Bayesian gravity model for digitalization on bilateral trade integration in Asia
    Erschienen: [2021]
    Verlag:  Asian Development Bank Institute, Tokyo, Japan

    The impact of globalization in terms of bilateral trade is a renowned theoretical underpinning in the literature. Nevertheless, testing a trade integration model of bilateral trade is not sufficiently well estimated with the Bayesian approach to... mehr

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    Max-Planck-Institut für ausländisches öffentliches Recht und Völkerrecht, Bibliothek
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    The impact of globalization in terms of bilateral trade is a renowned theoretical underpinning in the literature. Nevertheless, testing a trade integration model of bilateral trade is not sufficiently well estimated with the Bayesian approach to provide pragmatic evidence of trade integration from the digitalization in Asia. Moreover, in identifying the factors determining trade integration, testing for digitization using the Bayesian gravity equation is vital. After performing a series of simulation experiments, a relationship between import volume and simulated trade determinants was predicted for the digitalized trade model. The results of the estimated coefficients on GDP in the country of origin and GDP of the country of destination are positively significant predictors of the import growth. The distance between the countries has a negatively significant estimation that implies barriers in trade. The model predicts trade integration, especially towards the trade digitalization in Asia. The Bayesian approach of the gravity model gives robust estimates for determining the impact factor for the importation of trading countries, including the fact that the elasticities of total trade inflow with respect to distance, population, and area of the country of destination and the exchange rate of the country of origin are negative while the proxies of digitization are positively significant. Further, economic size, area, and exchange rate of the destination, and population and area of the country of origin are positively predicted by the model. The estimated parameters are directly the elasticities, in which increases in GDP in a reporter country is consistent with the higher import volumes. Further, evidence of the gravity equation is used for understanding trade potential, and after some integrations, the estimation is applied for the real trade. The measures of bilateral trade resistance or costs associated with the trade flow of the digitization has influenced the expanding of the digital indicators in the model in the Asian economies. Finally, digitalization of trade integration can be implemented across Asia with evidence and robust estimates of the gravity model, including robustness checking. The Bayesian experiment for the estimation of the impacts of the trade integration in Asia predicts an increase of GDP, digitalization proxies, population, exchange rate, and area of the destination as predominant predictors in the Bayesian gravity model. Thus, the results revealed that digitalization has affected the plausible trade agreements for trade integration in Asia.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/238589
    Schriftenreihe: ADBI working paper series ; no. 1232 (March 2021)
    Schlagworte: Bayesian gravity model; digitization; import growth; trade integration
    Umfang: 1 Online-Ressource (circa 19 Seiten)
  4. Cenários para a redução dos custos de comércio no Mercosul: efeitos sobre o comércio regional e mercado de trabalho brasileiro
    Erschienen: novembro de 2021
    Verlag:  Instituto de Pesquisa Econômica Aplicada, Rio de Janeiro

    We estimate the effects of reductions in trade costs between the four original members of Souther Common Market (Mercado Común del Sur - Mercosur) on regional trade and on the Brazilian labor market, using the model developed by Caliendo, Dvorkin e... mehr

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    We estimate the effects of reductions in trade costs between the four original members of Souther Common Market (Mercado Común del Sur - Mercosur) on regional trade and on the Brazilian labor market, using the model developed by Caliendo, Dvorkin e Parro (2019), which features elements such as labor market frictions and input-output linkages. Two counterfactual scenarios about the evolution of trade costs in Mercosur countries are considered. Results suggest that efforts to reduce trade costs can have starkly different effects on regional trade, depending on its geographic coverage: reductions that are limited to transactions among the four countries leads to a substitution between domestic production and intra-bloc trade, with limited effects on extra-bloc trade flows, while general reductions in trade costs of the four countries also affect trade with extra-Mercosur partners. The effects on Brazilian labor market are also different among scenarios, but small in magnitude in both cases.

     

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    Sprache: Portugiesisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/249225
    Schriftenreihe: Texto para discussão / Ipea ; 2709
    Schlagworte: international trade; trade integration; labor market dynamics; general equilibrium
    Umfang: 1 Online-Ressource (circa 61 Seiten), Illustrationen
  5. Globalisation and the efficiency-equity trade-off
    Erschienen: [2021]
    Verlag:  European Central Bank, Frankfurt am Main, Germany

    We revisit the effects of globalisation over the past 50 years in a large sample of advanced and emerging countries. We use accessions to \Globalisation Clubs" (WTO, OECD, EU), financial liberalisation and an instrument for trade openness to study... mehr

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    We revisit the effects of globalisation over the past 50 years in a large sample of advanced and emerging countries. We use accessions to \Globalisation Clubs" (WTO, OECD, EU), financial liberalisation and an instrument for trade openness to study the trade-off between efficiency (proxied by real GDP per capita and TFP) and equity (proxied by the labour share of income and the Gini index of inequality). We find that (i) most of our episodes lead to an increase in trade openness (ii) effects on GDP per capita are mostly positive with some interesting exceptions and (iii) there is little evidence that globalisation shocks lead to more inequality.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789289945462
    Weitere Identifier:
    hdl: 10419/234100
    Schriftenreihe: Working paper series / European Central Bank ; no 2546 (May 2021)
    Schlagworte: globalisation; efficiency; equity; WTO; OECD; EU; financial liberalization; trade integration
    Umfang: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  6. La Communauté économique des États de l'Afrique de l'Ouest est-elle une zone monétaire optimale?
    Autor*in: Zouri, Stephane
    Erschienen: [2020?]

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    Sprache: Französisch
    Medientyp: Dissertation
    Format: Online
    Schlagworte: Asymmetric shocks; business cycles synchronization; trade integration; financial integration; risk-sharing; monetary union; ECOWAS
    Umfang: 1 Online-Ressource (circa 230 Seiten), Illustrationen
    Bemerkung(en):

    Dissertation, Université Paris 1 Panthéon Sorbonne, 2020

  7. Paperless trade in regional trade agreements
    Erschienen: 2016
    Verlag:  United Nations, Economic and Social Commission for Asia and the Pacific, Trade, Investment and Innovation Division, Bangkok

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Trade, investment and innovation working paper series ; no. 02 (Nov 16)
    Schlagworte: regional trade agreements; paperless trade; trade facilitation; digital trade; electronic certificates; trade integration; regional cooperation; free trade agreements; cross-border paperless trade; e-commerce; treaty; RTAs; WTO; ESCAP; Asia; Pacific
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  8. The WTO Global Trade Costs Index and its determinants
    Erschienen: 12 February 2021
    Verlag:  World Trade Organization, Economic Research and Statistics Division, [Geneva]

    This study provides a decomposition of the WTO Global Trade Costs Index into five policy-relevant components: transport and travel costs; information and transaction costs; ICT connectedness; trade policy and regulatorydifferences; and governance... mehr

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    This study provides a decomposition of the WTO Global Trade Costs Index into five policy-relevant components: transport and travel costs; information and transaction costs; ICT connectedness; trade policy and regulatorydifferences; and governance quality. The WTO Global Trade CostsIndex is based on a new methodology by Egger et al. (2021) that delivers directional trade cost estimates and sector-specific elasticities whichare crucialforinferring tradecostsfromtradeflows data. Theresulting measure of trade costs includes all factors that burden foreign sales more than domestic ones. In this study, we run a sectoral regression analysis to determine what drives trade costs variation across partners and use the resultstodecompose the variation in trade costsin eachsector. We show that transport and travel costs play the most important role in overall trade costs both for goods and services. Tradepolicy and regulatorydifferences are the second major component of trade costs in most sectors, accounting for at least 14%. The importance of this component is particularly striking for trade among lower-income economies. Moreover, our results alsoshow that trade policy in services sectors matters for trade costs in goods, and vice versa. Finally, we find that access to information and communication technology is especially important for tradecostsin services where its importance hasincreasedover time, highlighting the role that digitaldelivery plays in this sector.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/231363
    Auflage/Ausgabe: Manuscript date: 18 January 2021
    Schriftenreihe: Staff working paper ; ERSD-2021, 6
    Schlagworte: Trade costs; gravity model; non-tariff barriers; trade integration; trade elasticity
    Umfang: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  9. Trade agreements and trade resilience during COVID-19 pandemic
    Erschienen: October 2021
    Verlag:  United Nations, Geneva

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    Schriftenreihe: UNCTAD research paper ; No. 70
    Schlagworte: International trade; COVID-19; trade agreements; trade integration
    Umfang: 1 Online-Ressource (circa 15 Seiten), Illustrationen
  10. Trade openness and growth
    a network-based approach
    Erschienen: September 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    In this paper, we propose a novel approach to the study of international trade that leads to a measure of country openness that is quite different from the various alternatives proposed by the received literature. In contrast to these, our measure... mehr

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    In this paper, we propose a novel approach to the study of international trade that leads to a measure of country openness that is quite different from the various alternatives proposed by the received literature. In contrast to these, our measure does not use indicators of aggregate trade intensity, trade policy, or trade restrictiveness but relies on a broad systemic viewpoint on the effects of trade. More specifically, it goes beyond direct trade connections and measures a country’s level of integration in the world economy through the full architecture of its second, third, and all other higher-order connections in the world trade network. We apply our methodology to a sample of 204 countries spanning the period from 1962 to 2016 and perform a Bayesian analysis of model selection to identify the most important correlates of growth. The analysis finds that there is a sizable and significant positive relationship between our integration measure and a country’s rate of growth, while that of the aforementioned traditional measures of outward orientation is only minor and statistically insignificant. We perform several sensitivity checks and conclude that our baseline findings are very robust to either different data sets or alternative variations of the integration measure. Overall, this suggests that a network-based approach to measuring country openness may provide a valuable perspective on economic growth.

     

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    hdl: 10419/245500
    Schriftenreihe: CESifo working paper ; no. 9319 (2021)
    Schlagworte: globalization; trade integration; economic growth; network analysis; dynamic panel model; Bayesian model averaging
    Umfang: 1 Online-Ressource (circa 57 Seiten), Illustrationen