Trade Policy and barriers to International Economic Integration
Globalisation is not an inevitable self-propelled process: Trump's trade wars and the UK's decision to leave the EU demonstrate that policy has a major role in shaping both the response to globalisation and influencing its future pace and direction.
While the study of international trade policy has traditionally focused on the impact of tariffs that increase the cost of buying and selling goods across markets, our current research agenda moves beyond these. Our focus is on the equally important, but less well understood, impediments to cross-border flows of services, knowledge, capital and people.
How and why are policies that affect these flows changing and what happens when they do? For example, what happens to economies when rules governing immigration, investment or intellectual property change? How do immigrants working in UK service firms affect productivity, offshoring and exports? When international firms can learn from one another what happens to cross-country differences in technology and what are the implications for trade and global income inequality? We apply rigorous methodology and analysis of detailed trade data to provide answers that allow a reasoned assessment of the costs and benefits of such changes.
Technology Gaps, Trade and Income
Thomas Sampson looks at the origins and consequences of international technology gaps, and finds that innovation and learning determine technology gaps, trade and global income inequality. Read more...
Beyond Tariff Reductions: What Extra Boost From Trade Agreement Provisions?
After Brexit, the UK will have to negotiate which provisions to include in its new arrangements, and a fundamental question is which provisions are most important in reducing non-tariff barriers to trade. Swati Dhingra and colleagues find trade agreements with deep provisions have the largest impact on domestic value added. Read more...
Immigration: the link to international trade in services
Two notable features of globalisation are the growth of immigration and the growth of international trade in services. Exploring links between these phenomena, Gianmarco Ottaviano, Giovanni Peri and Greg Wright find that immigrants play a key role in promoting UK exports of business and legal services - not just to their home countries but across the world. Read more...
Trade Policy and barriers to International Economic Integration publications
Antonella Nocco, Gianmarco I. P. Ottaviano and Matteo Salto
1 September 2019
10 June 2019
Grant Bickwit, Emanuel Ornelas and John L. Turner
31 October 2018
Paola Conconi, Manuel García-Santana, Laura Puccio and Roberto Venturini
1 August 2018
Swati Dhingra, Rebecca Freeman and Eleonora Mavroeidi
13 March 2018
Gianmarco I. P. Ottaviano, Giovanni Peri and Greg C. Wright
6 March 2018
Giorgio Barba Navaretti, Matteo Bugamelli, Emanuele Forlani and Gianmarco Ottaviano
26 January 2016
Gianmarco Ottaviano, Giovanni Peri and Greg C. Wright
6 November 2015
Stephen J. Redding and Anthony J. Venables
1 January 2004