scholarly journals Responses to Trade Opening: Evidence and Lessons from Asia

2019 ◽  
Author(s):  
Devashish Mitra
Keyword(s):  
Trade Opening

scholarly journals Analyzing trade opening in Ukraine: effects of a customs union with the EU

2008 ◽  
Vol 41 (3) ◽  
pp. 221-238 ◽  
Author(s):  
Oksana Harbuzyuk ◽  
Stefan Lutz
Keyword(s):  
Customs Union ◽  
Trade Opening ◽  
The Eu

scholarly journals Trade and Frictional Unemployment in the Global Economy

2020 ◽  
Vol 18 (6) ◽  
pp. 2869-2921 ◽  
Author(s):  
Céline Carrère ◽  
Anja Grujovic ◽  
Frédéric Robert-Nicoud
Keyword(s):  
United States ◽  
Labor Market ◽  
Global Economy ◽  
The United States ◽  
Market Frictions ◽  
Unemployment Benefits ◽  
Trade Model ◽  
Labor Market Frictions ◽  
Trade Opening ◽  
Employment Data

Abstract We develop a multicountry, multisector trade model featuring risk-averse workers, labor market frictions, unemployment benefits, and equilibrium unemployment. Trade opening leads to a reduction in unemployment when it simultaneously raises welfare and reallocates labor toward sectors with lower-than-average labor market frictions. We then estimate and calibrate the model using employment data from 31 OECD countries and worldwide trade data. Finally, we quantify the potential unemployment, real wage, and welfare effects of repealing NAFTA and raising bilateral tariffs between the United States and Mexico to 20%. This policy would increase unemployment by 2.4% in the United States and 48% in Mexico.

Brazilian foreign policy faces new challenges

2017 ◽  
Keyword(s):  
Foreign Policy ◽  
Domestic Politics ◽  
Foreign Minister ◽  
Border Security ◽  
Foreign Affairs ◽  
Social Democrats ◽  
Content Type ◽  
Trade Opening ◽  
The Government ◽  
Foreign Ministry

Subject Brazilian foreign policy under Aloysio Nunes. Significance Senator Aloysio Nunes, who took office as foreign minister on March 7, is an experienced politician from the centre-right Social Democrats (PSDB). He led the bloc supporting the government of President Michel Temer in the Senate, where he was also since 2015 head of the Commission of Foreign Affairs and National Defence. Nunes replaces Jose Serra at the foreign ministry and will seek overall continuity of Serra's agenda focused on the pursuit of trade opening and border security. Impacts Brazil lacks a clear strategy for its crucial relationship with China. Border security, a key issue for Serra, will remain important for Nunes. Domestic politics may divert Nunes’s attention as the 2018 elections approach.

scholarly journals Long term dynamic of real exchange rate, trade liberalization and financial integration: The case of south-east Mediterranean countries

2009 ◽  
Vol 56 (1) ◽  
pp. 73-93
Author(s):  
Hadj Amor ◽  
Araj El
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
Trade Liberalization ◽  
Financial Integration ◽  
Single Equation ◽  
East Mediterranean ◽  
Mediterranean Countries ◽  
International Financial Integration ◽  
Trade Opening

The purpose of this paper is to estimate the effects of the trade liberalization and of the international financial integration on the long-term behavior of Real Exchange Rate (RER) for the South East Mediterranean countries. So the following question: how does the new trade and financial context affect the Equilibrium RER? We refer to the econometric technique of time series analysis, (the unit root tests of Dickey-Fuller (1979) and we apply the cointegration test of Engle and Granger (1987) of single equation for six South East Mediterranean countries (Algeria, Egypt, Lebanon, Morocco, Tunisia and Turkey) over the period of 1979-2004. Our estimates suggest that, for the six countries, long-term RER behavior depends essentially on economic specificity of each country and in particular on their degree of financial integration and trade opening. Our results also show that the evolution of the RER misalignment during our sample period, seem to be for some countries persistant and recurrent, but with decrease.

scholarly journals The evolution of carbon dioxide emissions embodied in international trade in Poland: An input-output approach

2018 ◽  
Vol 6 (3) ◽  
pp. 36-43 ◽  
Author(s):  
Marula Tsagkari ◽  
Alexis Gaona ◽  
Juan-Felipe Gonzalez ◽  
Jaakko Järvinen
Keyword(s):  
Carbon Dioxide ◽  
Carbon Dioxide Emissions ◽  
Interesting Case ◽  
Carbon Leakage ◽  
The European Union ◽  
Input Output ◽  
Trade Opening ◽  
Communist Past ◽  
Reduce Carbon Dioxide ◽  
Carbon Economy

AbstractInternational agreements that aim to reduce carbon dioxide emissions have raised concerns due to the risk of carbon leakage caused by trade liberalization. This study aims to analyse the carbon dioxide emissions related to trade flows for the case of Poland, in order to further investigate the interrelationship between emissions and the quick economic growth the country has faced since 2000. The communist past, the quick liberalization of the economy, the trade opening, entrance to the EU and the intense carbon economy, are some of the characteristics that make Poland an interesting case. The data available data from 1996 to 2008 were collected using the World Input-Output Database and were analyzed using the Input-Output method, and more concretely by constructing a multi-regional input-output model for the years studied. The findings indicate that there were substantial effects on the emissions of Poland that resulted from the opening of the economy and joining the European Union. Poland is a net importer of carbon emissions from other European countries; however, this phenomenon seems to be regulated by EU legislation. Additionally, it was shown that Polish imports from countries with less strict environmental policies significantly embody higher levels of emissions than its exports. This observation calls for stricter environmental regulations to avoid carbon leakage.

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