A5030917608- Global trade and economics
- Economic Growth and Productivity
- Firm Innovation and Growth
- World Trade Organization Law
- Regional Economics and Spatial Analysis
- Global Trade and Competitiveness
- International Business and FDI
- International Development and Aid
- Fiscal Policy and Economic Growth
- Taxation and Compliance Studies
- EU Law and Policy Analysis
- Market Dynamics and Volatility
- Economic Zones and Regional Development
- Innovation Policy and R&D
- Corporate Taxation and Avoidance
International Monetary Fund
2022-2024
World Trade Organization
2017-2020
European University Institute
2017
Abstract This paper introduces the New Industrial Policy Observatory (NIPO) data set and documents emergent patterns of policy intervention during 2023 associated with return industrial policy. The show that recent wave new activity is primarily driven by advanced economies subsidies are most employed instrument. Trade restrictions on imports exports more frequently used emerging market developing economies. Strategic competitiveness dominant motive governments give for these measures, but...
Abstract We exploit a decomposition of gross trade flows into their value added components to reassess the relationship between increased imports from China and manufacturing jobs in US local labour markets following seminal paper Autor, Dorn, Hanson (2013, ADH). Decomposed enable us address identification measurement issues inherent data. In particular, it allows remove Chinese exports exposure measure which is mechanically correlated with dependent variable overstates volume shock....
A major economic rationale for trade agreements is limiting mutually harmful terms-of-trade externalities. We analyse the impact of market power on tariff commitments original and acceded WTO members. As countries grow, their in different sectors can change unforeseen ways. To quantify significance our estimates, we compare actual predicted under current power. find that cuts required to reflect conditions would amount up $26.4 billion – nearly 10% global costs. In past, GATT/WTO system has...
We present evidence that the negative effect of China shock on US manufacturing employment is lower for industries use services inputs more intensively. Different potential mechanisms this finding are analyzed. This reveals significant heterogeneity across different types and their role in affecting labor demand supply responses to greater import competition.
Economic theory suggests that countries' tariff commitments in trade agreements reflect their import market power at the time of negotiations.However, as countries grow, different sectors can change unforeseen ways and may no longer changed economic conditions.Using a newly built dataset pre-Uruguay Round applied tariffs relying on theoretical framework terms-of-trade motive for agreements, we estimate hypothetical under current levels compare them with actual commitments.We find lower...