Tag: Global trade and economics
REER changes do not significantly affect EU trade balances
Study finds exchange rate movements don’t significantly affect EU trade balances; domestic absorption and inflation prove more important drivers of external adjustment.
U.S. obstruction reshapes WTO trade adjudication
—
in LawExplore how U.S. obstruction of WTO’s Appellate Body reshapes neoliberal trade governance, reconfiguring power within multilateral systems rather than abandoning them entirely.
Global tariffs converged long-term, then diverged after 2018 in the U.S.
Study analyzes global tariff dynamics from 1990-2020, revealing long-term convergence until 2018 when U.S. tariff escalation triggers fragmentation in the multilateral trading system.
Exchange rate shifts affected only three of fifteen industries
Industry-level analysis of S-curve exchange rate effects on Pakistan-Japan bilateral trade reveals limited efficacy of depreciation for improving trade balance outcomes.
FDI co-moves with long-run growth in Poland, Ukraine, and Vietnam
Study examining FDI’s role in economic growth across Poland, Ukraine, and Vietnam (2004–2024), analyzing how institutional stability and absorptive capacity mediate investment-growth linkages.
A model links colonial war, trade restrictions, and exclusive trading rights
Game-theoretic model of colonial wars and trade restrictions, analyzing how metropolises compete for colonial control and demonstrating three equilibrium outcomes under different trade valuations.
GVC participation is linked to higher firm innovation in Vietnam
Microeconomic evidence on global value chain participation and firm innovation in Vietnam, 2005-2023, examining effects across firm heterogeneity using probit regression with instrumental variables.
Network-based model links supply chain structure to prices and wages
General equilibrium model of global supply chains structured as directed acyclic graphs, explaining how network topology determines prices, wages, and specialization endogenously.
