Do terms-of-trade effects matter for trade agreements? Theory and evidence from WTO Countries*
By Rodney D. Ludema, Anna Maria Mayda. 2013
121 citations recorded by the source corpus.
Subfields: Development, Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/4ac82877b17a24b06882a68d435d86e4a4f470de
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Citations in the corpus
- The empirical landscape of trade policy (2016, background): “To examine the implications of the terms-of-trade theory for such long-term members of the GATT/WTO, Ludema and Mayda (2013) develop a theory and an empirical investigation that explores the role of endogenous participation of exporting countries.20 One of their key contributions is to provide a pot”
- Is the WTO Passé (2015, unknown): “In particular, Ludema and Mayda (2013) nd evidence that the level of the importer s tari¤ resulting from negotiations is negatively related to the product of two terms: exporter concentration (as measured by the Her ndahl-Hirschman index) and the importer s market power (as measured by the inverse…”
- Tariff binding and overhang: Theory and evidence (2015, unknown): “…our measure of import market power were included to capture the potential role of free riding in negotiating for tariff reductions as emphasized by Ludema and Mayda (2013).19 Their model would suggest a positive coefficient on market power and a negative coefficient on the interaction term,…”
- Policy Uncertainty, Trade, and Welfare: Theory and Evidence for China and the United States (2017, unknown): “There is now evidence that countries possess market power, so their tariffs can affect their terms-of-trade, and exploit it before an agreement but less so afterward (Broda, Limão, and Weinstein 2008; Bagwell and Staiger 2011; Ludema and Mayda 2013).”
- Policy Uncertainty, Trade and Welfare: Theory and Evidence for China and the U.S (2013, unknown): “There is now evidence that countries possess market power and exploit it when they are not in an agreement but less so after an agreement (Broda et al., 2008; Bagwell and Staiger, 2011; Ludema and Mayda, 2013).”