Search results for "Comerç Regulació"
showing 3 items of 3 documents
Cinco cuestiones diferentes y una misma institución: algunas claves en torno al futuro del arbitraje comercial internacional
2022
El arbitraje comercial internacional cuenta en la actualidad con una presencia y un grado de popularidad nunca antes conocido. Su éxito, sin embargo, no oculta las tensiones y cambios de calado que le acompañan en tiempos recientes y que inciden directa y en muchas ocasiones de forma negativa, en algunas de las virtudes más destacadas sobre las que se ha construido su vigorosa actualidad; modulando su futuro. El presente artículo aborda cinco ámbitos diversos de su fecunda actualidad, aportando algunas claves, necesariamente provisionales, sobre su futuro mediato. International commercial arbitration has achieved a level of popularity and use never before known. Its current success, however…
EMU and Trade : A PPML re-assessment with intra-national trade flows
2020
Since Rose's (2000) path-breaking study, a lot of studies have been carried out on the effect of currency unions on trade. Both Rose's striking finding that sharing a currency union more than triples trade between countries and the creation of the euro have propelled an intense debate on this issue and, in particular, about the effect of the Economic and Monetary Union (EMU) on trade. More than 50 papers have examined the effect of EMU on bilateral trade flows given that it is, by far, the most important monetary union. However, so far the results vary greatly across studies and even the most recent articles provide mixed results. Whereas Glick and Rose (2016) and Larch, Wanner, and Yotov (…
Does the GATT/WTO promote trade? After all, Rose was right
2019
This paper re-examines the effect of the GATT/WTO on trade using recent econometric developments that allow us estimating structural gravity equations with the Poisson pseudo-maximum likelihood (PPML) estimator on a large dataset that requires computing high-dimensional fixed effects. By doing so, we overcome computational limitations that are present in previous studies. In line with Rose’s (Am Econ Rev 94:98–114, 2004) seminal work, we find that, unlike regional trade agreements and currency unions, the GATT/WTO accession has not generated positive trade effects. This result is robust to the use of alternative measures of trade flows, across periods and country groups, to changes in the p…