G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4428
DP4428 Technology, Organization and Productivity in Services: Lessons from Britain and the United States Since 1870
Stephen Broadberry; Sayantan Ghosal
发表日期2004-06-23
出版年2004
语种英语
摘要We identify in this Paper the level of trade integration between the three largest economic powers of the world, often called the Triad: The United States, the EU and Japan. We focus on measuring possible asymmetries in market access between members of the Triad using border effects between each of those partners. We investigate trends of bilateral trade openness and show notably that there has been a deterioration of the relative access of Japanese exporters on both the American and EU markets in the 1990s. Results also show which industries have the most asymmetric market access among the different combinations of those partners. We finally provide explanations for the estimated border effects using proxies for bilateral observed protection (tariffs and NTBs), home bias of consumers, product differentiation and levels of FDI. Tariffs still matter in shaping trade patterns even in cases where those tariffs are low in magnitude. The explanations related to actual protection, home bias and substitutability of goods put together explain a large part of the border effect between blocs of the triad, although they do not explain the whole of the border effect puzzle.
主题International Trade and Regional Economics
关键词Market access Triad Border effects Gravity European union United states Japan
URLhttps://cepr.org/publications/dp4428
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533381
推荐引用方式
GB/T 7714
Stephen Broadberry,Sayantan Ghosal. DP4428 Technology, Organization and Productivity in Services: Lessons from Britain and the United States Since 1870. 2004.
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