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Essays in International Trade / JAMIL AL-MAJALI

Swansea University Author: JAMIL AL-MAJALI

  • E-Thesis under embargo until: 19th May 2028

DOI (Published version): 10.23889/SUthesis.63593

Abstract

The current global trade system is in a state of flux. With the rise of global economies and an increasing number of countries participating in the world trade market, preferential trade agreements (PTAs) are becoming more popular. Several questions have arisen, ranging from the rationale for prefer...

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Published: Swansea, Wales, UK 2023
Institution: Swansea University
Degree level: Doctoral
Degree name: Ph.D
Supervisor: O'Leary, N. C. and Debowicz, D. J.
URI: https://cronfa.swan.ac.uk/Record/cronfa63593
first_indexed 2023-06-06T12:54:14Z
last_indexed 2024-11-15T18:01:54Z
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recordtype RisThesis
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spelling 2023-09-29T10:27:32.3376145 v2 63593 2023-06-06 Essays in International Trade 55c1dba9643351c921f77d81213a08d5 JAMIL AL-MAJALI JAMIL AL-MAJALI true false 2023-06-06 ONDF The current global trade system is in a state of flux. With the rise of global economies and an increasing number of countries participating in the world trade market, preferential trade agreements (PTAs) are becoming more popular. Several questions have arisen, ranging from the rationale for preferential arrangements to the effects of these agreements on member countries. This thesis contributes to the literature in three ways. First, it highlights the importance of PTAs negotiation in the international trade system. It presents a gravity-based assessment of the length of trade negotiations, examining the impact on the trade-enhancement effect of the preferential trade agreements. Second, it discusses the importance of tariff reduction policy on the Household income distribution, using the Computable General Equilibrium (CGE) model to assess the trade liberalization in Vietnam using the most recent social accounting matrix (SAM). Finally, it highlights the effect of the quality of institutions on the membership of trade agreements using a gravity-based Heckman selection model. The key insight is that the trade-enhancement effect of (PTAs) has dropped between the agreement members in response to the longer trade negotiations. In addition, the trade liberalization in Vietnam has been detrimental to the Household income distribution. The trade simulations confirmed that under Vietnam’s trade liberalization, the welfare of all household groups would be positively affected by factor price changes. Regarding the political aspects of PTAs, the results suggest that the Middle East and North Africa (MENA) countries are more likely to enter a trade agreement with politically closer countries, and both have better institutional quality presented by their level of control of corruption. Also, the more years since the most recent regime change, the less likely MENA countries will enter a trade agreement. E-Thesis Swansea, Wales, UK Trade Agreements and Negotiations, Economic Globalization, Trade Policy and Regulation, Trade Barriers and Tariffs, Trade and Income Inequality 19 5 2023 2023-05-19 10.23889/SUthesis.63593 COLLEGE NANME Other/Subsidiary Companies - Not Defined COLLEGE CODE ONDF Swansea University O'Leary, N. C. and Debowicz, D. J. Doctoral Ph.D 2023-09-29T10:27:32.3376145 2023-06-06T13:50:55.6985546 Faculty of Humanities and Social Sciences School of Social Sciences - Economics JAMIL AL-MAJALI 1 Under embargo Under embargo 2023-06-06T13:57:55.8630009 Output 2157255 application/pdf E-Thesis true 2028-05-19T00:00:00.0000000 Copyright: The Author, Audai W. Al-Majali, 2023. true eng
title Essays in International Trade
spellingShingle Essays in International Trade
JAMIL AL-MAJALI
title_short Essays in International Trade
title_full Essays in International Trade
title_fullStr Essays in International Trade
title_full_unstemmed Essays in International Trade
title_sort Essays in International Trade
author_id_str_mv 55c1dba9643351c921f77d81213a08d5
author_id_fullname_str_mv 55c1dba9643351c921f77d81213a08d5_***_JAMIL AL-MAJALI
author JAMIL AL-MAJALI
author2 JAMIL AL-MAJALI
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doi_str_mv 10.23889/SUthesis.63593
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hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
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department_str School of Social Sciences - Economics{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Social Sciences - Economics
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description The current global trade system is in a state of flux. With the rise of global economies and an increasing number of countries participating in the world trade market, preferential trade agreements (PTAs) are becoming more popular. Several questions have arisen, ranging from the rationale for preferential arrangements to the effects of these agreements on member countries. This thesis contributes to the literature in three ways. First, it highlights the importance of PTAs negotiation in the international trade system. It presents a gravity-based assessment of the length of trade negotiations, examining the impact on the trade-enhancement effect of the preferential trade agreements. Second, it discusses the importance of tariff reduction policy on the Household income distribution, using the Computable General Equilibrium (CGE) model to assess the trade liberalization in Vietnam using the most recent social accounting matrix (SAM). Finally, it highlights the effect of the quality of institutions on the membership of trade agreements using a gravity-based Heckman selection model. The key insight is that the trade-enhancement effect of (PTAs) has dropped between the agreement members in response to the longer trade negotiations. In addition, the trade liberalization in Vietnam has been detrimental to the Household income distribution. The trade simulations confirmed that under Vietnam’s trade liberalization, the welfare of all household groups would be positively affected by factor price changes. Regarding the political aspects of PTAs, the results suggest that the Middle East and North Africa (MENA) countries are more likely to enter a trade agreement with politically closer countries, and both have better institutional quality presented by their level of control of corruption. Also, the more years since the most recent regime change, the less likely MENA countries will enter a trade agreement.
published_date 2023-05-19T05:12:59Z
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