IN 1995 when the WTO was established, it seemed to be final confirmation of the success of a system that had managed multilateral trade relations since 1947. It provided an institutional framework within which governments were not only able to negotiate reductions in trade barriers but also to bind themselves to rules of conduct that, in principle, were both universal and nondiscriminatory. Abo...

The Dissertation at hand investigates the effects of different policy options on the world sugar market. A Spatial Price Equilibrium Model as suggested by Takayama and Judge is established. This model type has one considerable advantage over previously applied types which is its ability to combine the assumption of homogeneous goods regardless of origin (as opposed to Armington-based models) wi...

the growth of regional trade blocks has been one of the major developments in international relations in recent years. regional agreements vary widely but, all have the objective of reducing barriers to trade between member countries that in most cases result in increasingly trade flows and economic growth. this paper attempts to explore the results of trade integration in eco, eu and oic block...

Abstract This paper presents an analysis of the effects non-pharmaceutical interventions on countries’ bilateral trade with China. Our panel regression results suggest a reduction in monthly Chinese exports to countries that introduced more stringent lockdown measures. We extend our by decomposing observed flows into gravity and residual components. More lockdowns are associated less trade. Mor...

Abstract We study the effects of Dominican Republic–Central America–United States Free Trade Agreement (CAFTA-DR), signed in 2004, on trade flows its member states. Relying structural gravity model framework, we find evidence both increases and decreases members’ bilateral trade, but also significant differences these depending direction trading members. Using a counterfactual analysis, are abl...

The EU’s common commercial policy is used as an instrument to realize its values in EU trading partners, reflected the inclusion of sustainable trade and development chapters preferential agreements (PTAs). In this paper we ask if including non-trade provisions (NTPs) PTAs has a systematic positive effect on outcomes partner countries. We analyze relationship between bilateral flows, coverage N...

This article aimed to quantify the impact of United States (US) trade policies and assess how changes in tariff margins will affect imports US. To do that, we estimated elasticities by sector using a gravity structural model, computed US preference on bilateral basis, investigated alternative scenarios for properly measuring effects agreements international trade. Results showed that removal al...

Abstract Background: This paper presents a machine learning approach to forecast Croatia’s international bilateral trade. Objectives: The goal of this is evaluate the performance algorithms in predicting trade flows related imports and exports case Croatia. Methods/Approach: dataset on Croatian with over 180 countries worldwide from 2001 2019 assembled using main variables gravity model. To val...

The full impact of trade costs in segmenting product markets cannot be captured by considering aggregate prices or in the absence of information on the direction of trade. We address this problem by utilizing product-specific prices, cross-sectional productivity indices, and bilateral trade flows, allowing us to identify the probable source of any one product. We show that trade costs in the fo...