Bilateral intra-industry trade flows and intellectual property rights protections: further evidence from the United Kingdom

This paper investigates the relationship between the United Kingdom's (hereafter referred as UK) bilateral intra-industry trade (IIT) and foreign intellectual property rights (IPRs) protections. The empirical investigation is based on pooled UK data and benefits from the theoretical distinction between horizontal and vertical IIT. It also estimates a gravity equation for international trade using both fixed and random effects models. We then extend the analysis by employing the GMM system for dynamic panel models. The principal findings suggest that the UK's IIT is stimulated when the level of a trading partner's IPRs and its imitative ability are considered jointly. However, when IPRs and imitation abilities are considered separately, their disparate effects are not an important factor in determining UK IIT flows

Economic Integration in the Euro-Mediterranean Region

This study evaluates the effects of the current Euro-Mediterranean Free Trade Agreement for the EU and the Mediterranean region, in order to assist policy makers in defining the next steps in the Euro-Mediterranean Road map till 2010 and beyond. It provides quantitative, qualitative and sectoral assessment of the impacts of the Euro-Mediterranean FTA on trade and investment, points out the partnerships’ strengths and weaknesses and provides policy recommendations with the view of realizing a goal of a well functioning free trade area in the future. The focus of the study is on Egypt, Israel, Jordan, Morocco, and Tunisia (MED5). [...

Custom Unions and Common Markets as Economic Security Fault Lines. The Garlic Case.

It is not very often that something as common as the import and export of agricultural products – especially non-exotic fruits and vegetables – becomes the object of such a dispute across multiple states. This is what happened in the now infamous case of Chinese garlic exports, which have seen several instances of smuggling, conviction, and fraud all over Europe in the last 20 years. Most incidents have taken place in Northern Europe, particularly Sweden, Norway, the UK and Ireland. There's a reason for that, which will be explained below