Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4428 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。