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This paper sheds some light on the impact of regional trade agreements (RTAs) on international tourism demand in Vietnam. They are using gravity model with data from 29 countries with the highest number of tourists to Vietnam from 2007–2019. The empirical findings indicate a relevant degree of heterogeneity in the results. While the the free trade agreement enhances the international tourism demand in Vietnam, ASEAN community it. These results emphasize the importance of solid integration in promoting Vietnam's tourism flows. [ABSTRACT FROM AUTHOR]

Nowadays, Convolution Neural Network (CNN) based deep learning methods are widely used in detecting and classifying fruits from faults, color and size characteristics. In this study, two different neural network model estimators are employed to detect apples using the Single-Shot Multibox Detection (SSD) Mobilenet and Faster Region-CNN (Faster R-CNN) model architectures, with the custom dataset generated from the red apple species. Each neural network model is trained with created dataset using 4000 apple images. With the trained model, apples are detected and counted autonomously using the developed Flying Robotic System (FRS) in a commercially produced apple orchard. In this way, it is aimed that producers make accurate yield forecasts before commercial agreements. In this paper, SSD-Mobilenet and Faster R-CNN architecture models trained with COCO datasets referenced in many studies, and SSD-Mobilenet and Faster R-CNN models trained with a learning rate ranging from 0.015–0.04 using the custom dataset are compared experimentally in terms of performance. In the experiments implemented, it is observed that the accuracy rates of the proposed models increased to the level of 93%. Consequently, it has been observed that the Faster R-CNN model, which is developed, makes extremely successful determinations by lowering the loss value below 0.1. [ABSTRACT FROM AUTHOR]

How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to popular trade cost variables such as currency unions, trade agreements and World Trade Organization membership. While we estimate that these variables are associated with increased bilateral trade on average, we find substantial heterogeneity. Consistent with the predictions of our framework, trade cost effects are strong for 'thin' bilateral relationships characterised by small import shares, and weak or even zero for 'thick' relationships. [ABSTRACT FROM AUTHOR]

Exchange rate volatility is often perceived to cause a reduction in the overall level of trade. In view of the proliferation of rapid regional trade agreements in recent years, the unpredictability of exchange rate has prompted many economists to investigate the effects of the volatile nature of exchange rate on trade. Previous studies have neglected the sectoral data, focusing instead on the aggregate trade flows which may have led to incomplete conclusions. The present paper aims to fill this lacuna by employing a proper specification of the gravity model using a panel of 95 countries that trade with South Africa over the period 2000–2017. Two major findings emerge. First, using aggregate data, the results suggest that nonlinear volatility has a positive and significant effect on trade, whereas linear volatility does not exert any impact on trade. Second, using sectoral data, the paper finds that there is no definite effect of volatility on trade. [ABSTRACT FROM AUTHOR]

Blockchain is a distributed or decentralised ledger technology that uses cryptographic algorithms to verify the creation and transfer of digitally represented assets or information over a peer-to-peer network. It eliminates the need for a central authority to keep, update and verify data. Traditionally, services provided by these central authorities constitute a significant part of the services industry. This paper argues that Distributed Ledger Technology (DLT) is changing the services industry in three ways. First, services previously provided by central authorities are now being replaced and supplied jointly by some or all participants on the distributed ledger. Second, with the elimination of central authorities, auxiliary services used to support the operation of these central authorities are being eliminated. Third, services trade may be expanded and become more inclusive by engaging previously disadvantaged or marginalised individuals. This paper further argues that the General Agreement on Trade in Services (GATS), as the first and the only multilateral trade agreement on services, is highly relevant for the development and regulation of DLT-based applications. This relevance is unpacked by: (i) identifying the services relevant in the context of DLT-based applications; and, (ii) exploring whether a WTO Member, in adopting regulations affecting DLT-based applications, needs to consider its obligations under the GATS. The paper arrives at the conclusion that the GATS can be an effective instrument in expanding trade in DLT-replaced or enabled services. [ABSTRACT FROM AUTHOR]

International trade agreements may limit the policy options available to States when respecting, protecting and fulfilling human rights. The present paper addresses this relationship from the perspective of rules concerning the liberalisation of trade in services such as the General Agreement on Trade in Services (GATS) and chapters on services trade in free trade agreements (FTAs) as well as new plurilateral and multilateral initiatives in the field of trade in services including the negotiations of a Trade in Services Agreement (TiSA). After a brief overview of the history of the discourse on services trade liberalisation and human rights, the paper recalls the main obligations of States under human rights law on the one side and their obligations under trade law on the other side. Based on this, the paper assesses if the concerns and fears about the impact of the GATS on human rights articulated twentyfive years ago are still valid. Subsequently, the paper discusses if the findings concerning the GATS and human rights need to be revisited in light of new bilateral, regional and plurilateral developments. Finally, the paper proposes and analyses options for future agreements on trade in services which could mitigate the negative effects of trade agreements on human rights. [ABSTRACT FROM AUTHOR]

Scholars generally agree that regionalization and regionalism are different phenomena; however, unresolved arguments remain as to whether there is a causal relationship between the two. In particular, whether or not regionalization promotes regionalism is a subject of debate. This paper aims to comprehensively clarify and explain the relationship between regionalization as embodied in trade and foreign direct investment (FDI) and regionalism as characterized by preferential trade agreements (PTAs) using event history analyses of East Asian economic data from 1985 to 2018. The paper concludes that although a positive and significant relationship exists between FDI and some types of PTAs, trade has no relationship with the latter. This conclusion challenges extant literature, which has argued that an increase in PTAs in East Asia (the outcome of regionalism) is the consequence of economic interdependence (regionalization). Moreover, these findings indicate that political factors such as territorial disputes and joint democracy negatively affect certain types of PTAs. This result is contrary to the conventional wisdom that predicts increased cooperation and lower tariffs between democracies and therefore suggests further investigations of the determinants of PTAs. [ABSTRACT FROM AUTHOR]

Copyright of Proceedings of the Faculty of Economics in East Sarajevo / Zbornik Radova Ekonomskog Fakulteta u Istočnom Sarajevu is the property of University of East Sarajevo and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper analyses frameworks for the design of the rules for international trading, assuming that it is possible to have some rule of law. In the Arrow–Debreu benchmark, where there is no economic power and political power is seemingly irrelevant, there is no need for trade agreements—free trade is the optimal policy for each country. But under even minimal deviations from that benchmark, trade agreements matter. We focus on environments in which there are market failures, technology is endogenous, and there is political power. Power dynamics play, for instance, a critical role in the design, implementation, and enforcement of agreements, with the latter being a critical difference between international agreements and domestic contracts and a key determinant of the feasibility and consequences of agreements. With endogenous technology, trade rules proscribing industrial policies may lead to lower growth and greater cross-country inequalities. Finally, we develop a normative framework which may be useful in the design and implementation of trade rules. [ABSTRACT FROM AUTHOR]

What causes the shift in pollution burden among different high-income Belt and Road (B&R) countries? According to the pollution haven hypothesis, international trade (via Preferential Trade Agreements) and foreign direct investment are the key influencing mechanisms of international pollution burden shifting, while technological innovation and environmental provisions also have a significant impact on pollution burden transfer. The purpose of this paper is to examine how pollution burden transfer occurs in B&R countries through studying the impact of these mechanisms on the import and export of ecological footprints. The relevant evidence of pollution transfer is based on balance panel data analysis of 61 countries along B&R from 2009 to 2016. In terms of the different incomes of B&R countries, it has been found: Firstly, under the impetus of preferential trade agreements, the two-way transfer of environmental pollution burden exists in low-income and middle-income of B&R countries, and it also promotes the two-way transfer of pollution burden in middle-income countries through foreign direct investment. Secondly, the environmental provisions have no binding effect on the import and export of ecological footprint of B&R countries. Thirdly, technological innovation has negatively affected the environment of middle-income countries. These conclusions enrich the research on the transfer and influence mechanism of pollution burden among B&R countries. [ABSTRACT FROM AUTHOR]

Copyright of Canadian Journal of Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Medunarodni Problemi is the property of Institute of International Politics & Economics and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper examines the impact of COVID-19 on bilateral trade flows using a state-of-the-art gravity model of trade. Using the monthly trade data of 68 countries exporting across 222 destinations between January 2019 and October 2020, our results are threefold. First, we find a greater negative impact of COVID-19 on bilateral trade for those countries that were members of regional trade agreements before the pandemic. Second, we find that the impact of COVID-19 is negative and significant when we consider indicators related to governmental actions. Finally, this negative effect is more intense when exporter and importer country share identical income levels. In the latter case, the highest negative impact is found for exports between high-income countries. [ABSTRACT FROM AUTHOR]

Background: A large body of literature exists on trade liberalisation and the ways in which trade agreements can affect food systems. However, the systematic and objective monitoring of these and their impact on national food environments has been limited. Using a case study, this paper undertakes a systematic analysis of how Vanuatu's obligations under WTO agreements has impacted its food environment.Results: Data collection was guided by the INFORMAS trade monitoring framework's minimal approach and seven selected indicators outlined in three domains: trade in goods, trade in services and FDI, and policy space. Strong associations between trade liberalisation and imported foods, especially ultra-processed foods were evident in measured indicators as follows: (i) food trade with 32 WTO countries showing high levels of import volumes; (ii) a marked increase in 'less healthy' focus food imports namely fatty and other selected meat products, sugar, savoury snacks, ice-cream and edible ices and energy-dense beverages; (iii) actual and bound tariff rates impacting import trends of ice-cream and edible ices, bakery products and confectionary; and in other instances, a sharp increase in import of crisps, snacks and noodles despite tariff rates remaining unchanged from 2008 to 2019; (iv) policies regulating food marketing, composition, labelling and trade in the domestic space with relatively limited safeguard measures; (v) 49 foreign-owned food-related companies involved in food manufacturing and processing and the production of coffee, bakery products, confectionary, food preservatives, fish, local food products and meat, and the manufacturing, processing and packaging of palm oil, coconut oil, cooking oil, water, cordial juice, flavoured juices, soft drinks and alcoholic beverages. These were largely produced for local consumption; (vi) 32 domestic industries engaged in food and beverage production; and (vii) an assessment of WTO provisions relating to domestic policy space and governance showing that the current legal and regulatory environment for food in Vanuatu remains fragmented.Conclusions: The analysis presented in this paper suggest that Vanuatu's commitments to WTO agreements do play an important role in shaping their food environment and the availability, nutritional quality, and accessibility of foods. [ABSTRACT FROM AUTHOR]

The number of regional trade agreements (RTAs) between countries has significantly increased over the past few decades. RTAs may include rights and obligations that are parallel to those of the Agreement Establishing the World Trade Organization 1994 (Marrakesh Agreement). They may also provide for their own dispute settlement mechanism that is different from the WTO Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU). This forum clause allows parties to both RTAs and the WTO to litigate their dispute outside the DSU. This article addresses the issue of jurisdictional conflict between the RTAs and the WTO dispute mechanism over a claim that is violative of both the WTO's and RTA's obligations. The main question this article answers is whether it is possible for the forum clause incorporated in RTAs to divest the jurisdiction of the WTO if invoked during the proceeding. This article analyses several cases and RTAs involving a choice of forum clause before the WTO panel. This paper examines different legal principles to find a legal justification to reconcile the jurisdictional scope of both RTAs and the WTO agreements. As current international legal principles do not offer an effective solution, this paper suggests that the DSU should be amended to provide a set of rules governing the conflict between the RTAs and WTO jurisdictions. [ABSTRACT FROM AUTHOR]

Background: The Regional Economic Partnership Agreement (RCEP) is a mega regional trade agreement signed by fifteen countries on 15 November 2020 after 8 years of negotiation. Signatories include the ten members of the Association of South East Asian Nations (ASEAN) plus China, New Zealand, Japan, South Korea and Australia. India was a negotiating party until it withdrew from the negotiations in November 2019. The RCEP negotiations were initially framed as focused on the needs of low income countries. Public health concerns emerged however when draft negotiating chapters were leaked online, revealing pressures on countries to agree to intellectual property and investment measures that could exacerbate issues of access to medicines and seeds, and protecting regulatory space for public health. A concerted Asia Pacific civil society campaign emerged in response to these concerns, and in 2019, media and government reporting suggested that several of these measures had been taken off the table, which was subsequently confirmed in the release of the signed text in November 2020.Results: This paper examines civil society and health actors' views of the conditions that successfully contributed to the removal of these measures in RCEP, with a focus on intellectual property and access to medicines. Drawing on twenty semi-structured qualitative interviews with civil society, government and legal and health experts from nine countries participating in the RCEP negotiations, the paper reports a matrix of ten conditions related to actor power, ideas, political context and specific health issues that appeared to support prioritisation of some public health concerns in the RCEP negotiations.Conclusions: Conditions identified included strong low and middle income country leadership; strong civil society mobilisation, increased technical capacity of civil society and low and middle income negotiators; supportive public health norms; processes that somewhat opened up the negotiations to hear public health views; the use of evidence; domestic support for health issues; and supportive international public health legislation. Lessons from the RCEP can inform prioritisation of public health in future trade agreement negotiations. [ABSTRACT FROM AUTHOR]

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Copyright of Canadian Journal of Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Trade facilitation is essential to lowering overall trade costs and increasing economic returns on both the multilateral and regional levels. Trade facilitation is also an integral part of trade agreements and has become an important component of the Belt and Road Initiative (BRI). This paper adopts a time-varying stochastic frontier gravity model and a trade inefficiency model and assigns values to different trade facilitation provisions to construct relevant indicators to assess the impacts of the trade facilitation provisions of the World Trade Organization Trade Facilitation Agreement (WTO TFA) and regional trade agreements (RTAs) on trade efficiency between China and BRI countries, as well as on the current conditions and challenges of fresh agricultural product trade between China and countries of the BRI, using data from 2011 to 2020. The results show that the size of domestic markets and population positively affect agricultural trade between China and BRI countries, while geographical distance has a negative impact on their scale of trade. Moreover, this study finds that the obligations set out in trade facilitation provisions of RTAs play an important role in improving trade efficiency, and among these trade facilitation obligations improving the legal provisions of "information transparency", "customs cooperation" and "advance ruling" can significantly improve trade efficiency, however, some measures relating to "formalities" could potentially constitute barriers to trade. This study innovatively carried out an analysis of the impact of trade facilitation provisions on agricultural trade flows and efficiency from the perspectives of international trade law and economics and provides new policy recommendations for BRI countries to support agricultural trade. [ABSTRACT FROM AUTHOR]

Copyright of Revista Colombiana de Sociologia is the property of Universidad Nacional de Colombia, Facultad de Ciencias Humanas, Departamento de Sociologia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The European Union (EU) has been supporting its Common Fisheries Policy (CFP) through its trade powers for 40 years. This practice has evolved significantly over the years. This paper explores this evolution with respect to achieving sustainable fishing beyond EU waters. In particular, this paper examines two major ways in which the EU trade agreements impact sustainable fishing abroad. First, the discussion looks at the EU's use of trade agreements to leverage access to the fishing resources of third States. The paper finds this EU practice to be lacking the necessary coherence and transparency and it raises doubts about the balance between commercial and sustainability concerns. Second, the discussion looks at the fisheries cooperation provisions included in the various EU trade agreements. In that regard the paper examines the changing and evolving emphasis on sustainable fishing. The paper finds that the EU's trade agreements have evolved greatly. The contemporary EU trade agreements seek to ensure sustainable fishing as none before them have. As such the EU is successfully using them as vessels for implementing its external CFP. The EU does so by setting the agenda on the international plane and diffusing specific CFP norms through its trade agreements. [ABSTRACT FROM AUTHOR]

This paper explains the legal framework for cross-border transfers of personal data outside the EU and assesses its impact on a selection of Asia-Pacific data protection laws. It studies the position defended by the EU in the debates for a new general framework on e-commerce in the World Trade Organization (WTO) and the sections regarding data flows of some free trade agreements recently concluded by Asia-Pacific countries such as the Regional Comprehensive Economic Partnership and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. This paper shows how the regulation of data flows has surpassed national data protection laws to be increasingly present in free trade agreements with the tensions this may entail, paying special attention to the EU and Asia- Pacific. A holistic view is necessary because the consequences for human rights in trade negotiations should not be overlooked. [ABSTRACT FROM AUTHOR]

Objective: The New-generation trade agreements, which include the agreement with Japan, provide wide coverage - not only the liberalisation of trade in goods or services but also the protection of intellectual property rights, the public procurement market, sustainable development and others. This paper aims to demonstrate key provisions and (both ex post and ex ante) opportunities that the agreement creates for EU companies. Research Design & Methods: The research methods include a critical review of existing literature, an analysis of relevant legal and official documents of the European Union, as well as the provisions of the EU-Japan trade agreement. The empirical research focused on Eurostat data. Findings: The provisions of the EU-Japan agreement provide an incentive for European companies to strengthen their position on the Japanese market. The elimination of import duties and other barriers to trade in Japan in relation to certain agricultural products on the entry into force of the agreement contributed to higher exports from the EU for these groups of goods. What might be expected is the additional effect of the liberalisation of bilateral trade on third countries. In fact, standards or rules agreed by Japan and the EU may become even more attractive to third countries, as their adoption would facilitate access to two large markets. Implications & Recommendations: Japan is a relatively important trading partner for the EU and vice versa. One of the biggest achievements of the agreement made between the European Union and Japan includes the wide and deep liberalisation of trade in goods. Despite the fact that the overall level of tariff protection is relatively low, there are still some groups of goods for which the protection in the form of customs duties constitutes an important barrier, as a result of which the conditions for competing on the partner's market deteriorate. It seems that EU entrepreneurs should make more use of the opportunities which are created by the provisions of the free trade agreement with Japan. So far, the trade crisis caused by the pandemic has stood in the way. Contribution & Value Added: Research conducted so far is of an ex ante nature, both regarding the provisions of the agreement (publications written before 2018) and the evaluation of its potential effects on economy, trade, production or selected sectors. The research carried out in this article is of an ex post nature; it covers the period following the entry into force of the agreement and does not present any growth scenarios or forecasts, as was the case in the existing research. The article attempted to juxtapose the provisions of the agreement with Japan with trade conditions applicable to EU companies, as well as with the growth rate, volume and coverage of bilateral trade in goods. [ABSTRACT FROM AUTHOR]

Background: This paper analyses input from global interests in the policy process leading up to the passing of alcohol control legislation in Vietnam in 2019. The global alcohol industry now relies on growth in volume in emerging markets in middle-income countries such as Vietnam, a large, rapidly industrialising country with a youthful population and emerging middle class. The industry's role in the alcohol policy process is compared with that of global health interests. Methods: Document analysis of letters and English language media coverage was supplemented by and triangulated with data from key informants on changes in the content of draft alcohol legislation and participant observation. Results: The alcohol legislation was negotiated in the context of active engagement from the global alcohol industry and some input from global public health interests. The global alcohol industry established a partnership relationship with politicians using CSR and funded a local employee in Hanoi over the decade prior to the draft legislation being considered. Direct lobbying took place over the content of the legislation, which went through six published drafts. Trade and investment agreements provided a supportive environment and were referred to by both politicians and industry. In contrast public health resource was limited and lacked the support of a normative global policy to counter the economic imperatives. Vietnamese Ministry of Health proposals for cost effective alcohol policy were not enacted. Conclusion: Global commercial interests employed their considerable resources to engage in corporate social responsibility (CSR) and build partnerships with policy-makers over a long period, contributing significantly to an environment unsupportive of enacting effective alcohol control policy. The absence of structural support from a global health treaty on alcohol and lack of an equivalent level of long-term sustained input from global health actors contributed to the legislative outcome, which excluded proposed cost-effective policies to reduce alcohol harm. [ABSTRACT FROM AUTHOR]

Copyright of Przeglad Sejmowy is the property of Kancelaria Sejmu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Cuadernos Europeos de Deusto is the property of Universidad de Deusto and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Many different approaches and databases have been developed for the evaluation of non-tariff measures (NTMs) and free trade agreements (FTAs). This paper is devoted to the EU-South Korea agreement, which is the first 'second-generation' FTA of the EU, addressing a wide array of non-tariff policies. We review the evolution of NTM types applicable to the EU-South Korea trade relationship and the role of NTMs in ex-ante and ex-post analyses of the agreement. Subsequently a structural gravity model is employed to assess the value added of information on different aspects of FTAs and types of NTMs by evaluating their ability to predict the trade effects of the EU-South Korea FTA. Our results show that, when accounting for information on the components common in modern deep trade agreements, no additional trade effect is attributable to the EU-South Korea FTA. The evolution of NTMs differs considerably across indicators used, but trade predictions are hardly affected. Most specifications point towards a negative effect of bilateral differences in the number of technical barriers to trade (TBT) applied and sanitary and phytosanitary measures (SPS) against which trading partners issued complaints at the WTO. [ABSTRACT FROM AUTHOR]

Based on a new trade accounting method—the trade in value-added accounting method—this paper constructs the international manufacturing trade in value-added networks and preferential trade agreement (PTA) networks and uses the complex network analysis method to explore the relations between PTA and international manufacturing trade in value-added from the perspective of the global value chain. The results are as follows: (1) Over the years, the international manufacturing trade in value-added networks and PTA networks has shown a significant clustering effect, and the size of networks has grown rapidly. (2) The TEX, DVA and FVA networks of the international manufacturing value added trade over the years can be divided into two societies in the Asia-Pacific region and the European region. This division just reflects the different modes of division of labor in the manufacturing value chain of the two major economic regions in the world. (3) QAP analysis shows that the influencing factors of the traditional gravity model can still explain the manufacturing trade network and its value-added trade network, while the influence of economic globalization, the enlargement of the EU and the internationalization strategy of enterprises, the PTA network and manufacturing value-added the relationship between trade networks changed from positive to negative in 2004. [ABSTRACT FROM AUTHOR]

One of the best-established empirical results in international economics is that bilateral trade decreases with distance. Although well known, this result has not been systematically analyzed before. We examine 1,467 distance effects estimated in 103 papers. Information collected on each estimate allows us to test hypotheses about the causes of variation in the estimates. Our most interesting finding is that the estimated negative impact of distance on trade rose around the middle of the century and has remained persistently high since then. This result holds even after controlling for many important differences in samples and methods. [ABSTRACT FROM AUTHOR]

The aim of this paper is to identify the sectors in which the Republic of Macedonia has a comparative advantage in export to the other member states of CEFTA 2006 (Central European Free Trade Agreement). The revealed comparative advantage of the Republic of Macedonia (RM) in relation to other CEFTA 2006 member states was calculated for the time period of 2006-2014 by using the Standard International Trade Classification, Revision 4 (SITC, Revision 4). During the research, the following quantitative methods were used: The Index of Trade Openness (ITO), The Trade Balance Index (TBI), The Export Index of Revealed Comparative Advantage (Balassa's RCA), The Export Index of Revealed Symmetric Comparative Advantage (RSCA) and The Index of Comparative Export Performance (CEP). The research results point to the fact that in the case of the Republic of Macedonia, a high index of trade openness was registered in comparison with other CEFTA 2006 member states. Furthermore, the Trade Balance Index shows that in the course of the analyzed time period, the Republic of Macedonia constantly appeared as a net exporter of products in the category of tobacco and beverages. The RCA and RSCA indices mark down positive values in the category of crude materials inedible (except fuels) and in the category of chemical products whereas the CEP index calculated for the category of tobacco and beverages shows a significant comparative advantage of the Republic of Macedonia over other CEFTA 2006 member states. [ABSTRACT FROM AUTHOR]

Copyright of Papers in Regional Science is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Canadian Journal of Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper reviews the way in which Mexico and the European Union (EU) established a strategic partnership. In a globalized world and following the Washington Consensus both signed, in March 2000, a Free Trade Agreement (TLCUEM) which entered into force in October 2000. The good results of the bilateral exchanges plus important events in the world encouraged them, in 2016, to renovate the legal framework of the original Agreement. At the end of 2017, the negotiators finished the revised chapters of political dialogue and cooperation and on April 2018 they reached an agreement in principle on a modernized trade pillar of the EU-Mexico Global Agreement (GA). By 2020, negotiations were over. It is expected that after the trade pillar's legal scrutiny and translation, it will become part of the three-pronged GA that will also contain revamped political dialogue and cooperation pillars. After 20 years of its subscription, results are promising. Representing 26% of world GDP, the EU is a key partner for Mexico, and Mexico, with 12 free trade agreements signed with 46 countries, for the EU. The cooperation has encouraged exchanges in subjects of common interest, such as the fight against pandemic and gender equality. [ABSTRACT FROM AUTHOR]

An explosion of different preferential rules of origin (PROO) has accompanied the spread of preferential trade agreements (PTAs) around the world. Complying with PROO requirements entail costs for producers, exporters, and customs officials. Observers, firms, customs officials, and policymakers have advocated simplification as well as harmonization. The paper surveys the literature drawing on the extensive database in ITC's Rules of Origin Facilitator (ROF) database covering 54,000 distinct PROO spread across 370 PTAs to illustrate the issues covered in the literature. We review what we know about the compliance costs associated with PROO requirements. We illustrate these costs graphically and summarize through mathematical decomposition of compliance costs along two dimensions: distortionary costs resulting from the restrictiveness of PROOs and administrative costs. We survey the existing evidence in literature by themes: (i) determinants of the utilisation of preferences; (ii) effects on third countries outside the PTA; (iii) choice of rule; (iv) preference margin and complexity of rules; (v) trade deflection; and (vi) firm-level evidence. In conclusion, drawing lessons from the empirical literature is a complicated exercise because preference uptake, an important indicator of compliance costs, is only available for a handful of PTAs at the disaggregated product level. [ABSTRACT FROM AUTHOR]

The paper reviews the achievements to date in legal approximation in the sanitary and phytosanitary (SPS) field in Ukraine. Effective regulatory approximation in the SPS field was critical to anchoring the reform process in Ukraine and to fostering further progress in EU's relations with this Eastern Partnership (EaP) country. This paper highlights three major problems in Ukraine that were hindering reform in the SPS field: inconsistency between Ukrainian and EU food safety legislation, lack of uniformity between animal health law regimes, absence of a single SPS regulator. Legal implementation of approximated legislation still remains as key challenge. The paper offers recommendations to improve the Ukraine's approach so that the Deep and Comprehensive Free Trade Area (DCFTA) is part of the Association Agreement (AA) between the EU and the Republic of Ukraine could fulfill its potential. [ABSTRACT FROM AUTHOR]

As a result of previous multilateral negotiations tariff rates are generally low and cannot explain the reasons for recent proliferation of preferential trade agreements (PTAs). The aim of the paper is to look for other motivations of EU PTAs and to assess their importance for the EU. The main research methods are statistical, review and assessment of WTO documents and critical analysis of literature. First, the present level of tariff protection on selected import markets was estimated. This level illustrates the scale of countries' interest in their elimination of the existing tariffs. Also the share of preferential imports in the EU extra-trade was calculated and compared with trade on MFN basis. Next, reasons for PTAs were identified. The conclusions prove that 21st century PTAs are mainly motivated not by a reduction of tariffs but by the willingness to reduce the regulatory barriers (contained in rules on public procurement, environmental protection, etc.). The most dynamic trade nowadays involves flows of accessories and services. In this situation the importance of PTAs results from the fact that they serve as instruments eliminating national regulatory barriers faced by exporters of goods and resources on foreign markets. Thus PTAs support production and sales abroad. In the EU political motivations of PTAs are important as well. [ABSTRACT FROM AUTHOR]

The Comprehensive Economic and Trade Agreement between Canada and the European Union (CETA) due the contracting parties include a large number of involved countries, which fact creates an ambiguous possibility of various implications in the worldwide business practice considering the different national legal systems. In my paper I am using a deductive approach to the relationship between the theory and the research with an emphasis on the two research questions: Why the ISDS (Investor State Dispute Settlement) from CETA sparked the greatest attention?, and What is causing the legal discrepancy between the CETA's provisions on hard copy and the possible implementation in business practice?. My paper is focused on the implications from the CETA's concluding in the business practice, taking into consideration that CETA is a combination of strengths and weaknesses, opportunities and possible threats. [ABSTRACT FROM AUTHOR]

Using export market shares as a measure of international competitiveness, this paper studies wine exports in terms of propensity and intensity. Based on data for the period 1999-2014, a two-part fractional regression model is applied. The results suggest that for importing countries GDP per capita, their own wine production, and EU membership have a positive effect on the probability of importing wine but tend to evolve inversely to market shares, as taste for variety becomes more important. Additionally, export propensity is positively affected by regional trade agreements, common language, similarity of religious culture, wine production in the exporting country, and the exporting country being from the Old World, while export intensity is boosted by common language and wine production in the exporting country. Bilateral distance has a negative effect on both margins of trade. [ABSTRACT FROM AUTHOR]

What is the pathway to development in a world marked by rising economic nationalism and less international integration? This paper answers this question within a framework that emphasizes the role of demand‐side constraints on national development, which is identified with sustained poverty reduction. In this framework, development is linked to the adoption of an increasing returns to scale technology by imperfectly competitive firms that need to pay the fixed setup cost of switching to that technology. Sustained poverty reduction is measured as a continuous decline in the share of the population living below $1.90/day purchasing power parity in 2011 U.S. dollars over a five‐year period. This outcome is affected in a statistically significant and economically meaningful way by domestic market size, which is measured as a function of the income distribution, and international market size, which is measured as a function of legally‐binding provisions to international trade agreements, including the General Agreement on Tariffs and Trade, the World Trade Organization, and 279 preferential trade agreements. Counterfactual estimates suggest that, in the absence of international integration, the average resident of a low‐ or lower‐middle‐income country does not live in a market large enough to experience sustained poverty reduction. Domestic redistribution targeted towards generating a larger middle class can partially compensate for the lack of an international market. [ABSTRACT FROM AUTHOR]

This paper analyses the differential effect of trade agreements on income per capita of subnational regions with international borders. We construct an extensive panel dataset covering 1350 regions in 86 countries worldwide between 1950 and 2017. Our results show that trade agreements are positively associated with income per capita of regions sharing contiguous borders with trading partners, relative to regions sharing borders with countries with whom no trade agreements exist. For border regions, the positive relationship of trade agreements and regional income roughly compensates potential income disadvantages of having international borders. These insights help in explaining and mitigating regional inequalities. [ABSTRACT FROM AUTHOR]

Preferential trade agreements (PTAs) increasingly include environmental provisions. While the existing literature documents these provisions' environmental impacts, this paper sheds light on their relation with aid flows. Using an event-specification and data on bilateral Official Development Assistance (ODA) commitments for a sample of 147 developing country recipients in the period from 2002 to 2017, we find evidence that the number of environmental provisions in PTAs is positively associated with aid during negotiation phases. With high-income countries typically pre-determining the extent of environmental provisions in their upcoming PTAs, this suggests that aid serves as a side-payment for recipients to sweeten the pot and agree upon already formulated PTA content. While both aggregate ODA and its subcomponent environmental aid a priori qualify as candidates for pre-signature side-payments, we find that only the former fulfills this expectation, presumably reflecting more leeway to exploit aid fungibility. [ABSTRACT FROM AUTHOR]

This study analyzes aggregate data on trade flows to examine the performance of bilateral free trade agreements (BFTAs) between the United States and 11 BFTA nations in a two-dimensional approach. In line with the literature, this study applies the gravity model and analyzes the effect of the treatment using Poisson pseudo-maximum likelihood (PPML) panel data from 1992 to 2017. We use the PPML as an alternative methodology to an ordinary least squares model, as it can treat zero trade values and lead to unbiased estimates and different consistencies. We consider the trade in goods but excluded services because of the different nature of trade for services. Moreover, this study highlights the quantitative performance of BFTAs without considering the industry level to compare the overall benefits for the trade flows from the U.S. as an exporter to BFTA countries and vice versa. It thus adds to the debate on the effect of FTAs on trade flows and conducts pre-FTA and post-FTA analyses to compare the volumes of exports and imports during both periods. Findings vary according to the direction of trade; notably, some trading partners increased their trading volume to 388%. In sum, this paper provides a collective current state assessment to demonstrate the most plausible reasons for the effects of the 11 BFTAs, in addition to informing policymakers on the lessons learned from each BFTA. [ABSTRACT FROM AUTHOR]

Negotiations for the EU-Singapore FTA were concluded on December 6, 2012. Given that this is the EU's first FTA with an ASEAN member country and the second one with a major Asian trading partner after the conclusion of the EU-Korea FTA, this agreement paves the way for future FTAs with countries in the region. The goal of this paper is to quantify the economic impacts of the EU-Singapore FTA using a dynamic computable general equilibrium model. The resutls estimated in this paper suggest that the bilateral reduction of tariff and non-tariff barriers brings benefits for both sides: Singapore GDP is expected to increase by € 2.7 billion whereas the EU gains are assessed at € 550 million. In addition, EU exports to Singapore would rise by some € 1.4 billion and Singapore's exports to the EU by some € 3.5 billion. In a complementary scenario, the current paper also assesses the value of this FTA as an insurance policy against any hypothetical tariffs hikes in Singapore to WTO bound levels. In such a 'worst case' scenario, the EU-Singapore FTA will protect EU GDP from a decrease of € 350 million and prevents a loss of € 3.7 billion EU exports to Singapore. [ABSTRACT FROM AUTHOR]

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