Masllorens 2024b - Revision history

Danieldomingo at 07:33, 22 July 2025

2025-07-22T07:33:25Z

Danieldomingo: Danieldomingo moved page Review 175593927130 to Masllorens 2024b

2025-03-02T18:32:42Z

Danieldomingo moved page Review 175593927130 to Masllorens 2024b

Scipediacontent at 10:42, 18 December 2024

2024-12-18T10:42:27Z

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JSanchez: JSanchez moved page Draft Sanchez Pinedo 721182167 to Review 175593927130

2024-10-30T09:35:27Z

JSanchez moved page Draft Sanchez Pinedo 721182167 to Review 175593927130

JSanchez at 09:34, 30 October 2024

2024-10-30T09:34:29Z

JSanchez at 09:28, 30 October 2024

2024-10-30T09:28:46Z

JSanchez at 09:28, 30 October 2024

2024-10-30T09:28:18Z

JSanchez at 09:26, 30 October 2024

2024-10-30T09:26:08Z

JSanchez at 09:22, 30 October 2024

2024-10-30T09:22:21Z

JSanchez at 09:20, 30 October 2024

2024-10-30T09:20:54Z

← Older revision		Revision as of 07:33, 22 July 2025
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	==Full Document==		==Full Document==

−	<pdf>Media:~~Review_175593927130_3442_Eix1_Catalonia'sTradeStrategy_Masllorens~~.pdf</pdf>	+	<pdf>Media:Masllorens_2024b_3773_1.Catalonia’s Trade Strategy.pdf</pdf>

@@ Line 774: / Line 774: @@
 ==A Data Tables==
-<span id='_bookmark19'></span>Table A1: New PTAs with Catalonia during 1995-2020 by country
+<div id="_bookmark7" class="center" style="width: auto; margin-left: auto; margin-right: auto;">Table A1: New PTAs with Catalonia during 1995-2020 by country<div>
 {| class="wikitable" style="margin: 1em auto 0.1em auto;border-collapse: collapse;font-size:100%;width:auto;"
@@ Line 1,125: / Line 1,125: @@
 <div class="center" style="width: auto; margin-left: auto; margin-right: auto;">
 *Note: For Bolivia in 2013 there is a change in BIT status from existing to not existing.</div>
+<br><br>
 <div id="_bookmark21" class="center" style="width: auto; margin-left: auto; margin-right: auto;">
 Table A3: New ''Accio ''offices during 1995-2020 by country</div>
-Year  Country 1999 Brazil
+{| class="wikitable" style="margin: 1em auto 0.1em auto;border-collapse: collapse;font-size:100%;width:auto;"
+|-style="text-align:center"
-Canada
+|  style="border-top: 1pt solid black;border-bottom: 1pt solid black;text-align: center;vertical-align: top;"|<span style="text-align: center; font-size: 100%;">Year</span>
+|  style="border-top: 1pt solid black;border-bottom: 1pt solid black;vertical-align: top;"|<span style="text-align: center; font-size: 100%;">Country</span>
-Egypt
+|-
+|  style="text-align: center;vertical-align: top;"|2000
-Colombia
+|  style="vertical-align: top;"|Canada
+|-
-South Korea
+|  style="text-align: center;vertical-align: top;"|2003
+|  style="vertical-align: top;"|Egypt
-Ghana
+|-
+|  style="text-align: center;vertical-align: top;"|2012
-Peru
+|  style="vertical-align: top;"|Colombia
+|-
-Israel
+|  style="text-align: center;vertical-align: top;"|2012
+|  style="vertical-align: top;"|South Korea
-Panama
+|-
+|  style="text-align: center;vertical-align: top;"|2014
-Croatia
+|  style="vertical-align: top;"|Ghana
+|-
-Kenya
+|  style="text-align: center;vertical-align: top;"|2014
+|  style="vertical-align: top;"|Peru
-Netherlands
+|-
+|  style="text-align: center;vertical-align: top;"|2015
-Serbia
+|  style="vertical-align: top;"|Israel
+|-
 [[Image:Draft_Sanchez Pinedo_721182167-picture-docshape8.svg|center|149px]]

@@ Line 629: / Line 629: @@
 <div id="_bookmark7" class="center" style="width: auto; margin-left: auto; margin-right: auto;">Robust standard errors are reported in parentheses. * ''p < ''0''.''1, ** ''p < ''0''.''05, *** ''p < ''0''.''01</div>
+<br><br>
 <div id="_bookmark7" class="center" style="width: auto; margin-left: auto; margin-right: auto;">
 Table 5: Catalan trade determinants: Differentiated products</div>

@@ Line 492: / Line 492: @@
 In summary, this research highlights the significant role of PTAs, BITs, and ''Accio ''delegations in enhancing trade. By understanding how these tools function across different contexts, policymakers can better design and implement trade agreements and initiatives that effectively boost economic activity. Future research could expand on these findings by exploring additional variables or contexts, further enriching the discourse on international trade policy.
-<span id='_bookmark6'></span>Table 4: Catalan trade determinants: Trading partner OECD membership
+<div id="_bookmark7" class="center" style="width: auto; margin-left: auto; margin-right: auto;">Table 4: Catalan trade determinants: Trading partner OECD membership</div>
 {| class="wikitable" style="margin: 1em auto 0.1em auto;border-collapse: collapse;font-size:100%;width:auto;"
@@ Line 628: / Line 628: @@
-<span style="text-align: center; font-size: 75%;">Robust standard errors are reported in parentheses.</span>
+<div id="_bookmark7" class="center" style="width: auto; margin-left: auto; margin-right: auto;">Robust standard errors are reported in parentheses. * ''p < ''0''.''1, ** ''p < ''0''.''05, *** ''p < ''0''.''01</div>
-−
 * ''p < ''0''.''1, ** ''p < ''0''.''05, *** ''p < ''0''.''01
 <div id="_bookmark7" class="center" style="width: auto; margin-left: auto; margin-right: auto;">
@@ Line 745: / Line 743: @@
-<span style="text-align: center; font-size: 75%;">Robust standard errors are reported in parentheses.</span>
+<div id="_bookmark7" class="center" style="width: auto; margin-left: auto; margin-right: auto;">Robust standard errors are reported in parentheses. * ''p < ''0''.''1, ** ''p < ''0''.''05, *** ''p < ''0''.''01</div>
-−
 * ''p < ''0''.''1, ** ''p < ''0''.''05, *** ''p < ''0''.''01
 ===References===

@@ Line 237: / Line 237: @@
 The table also highlights the role of diplomatic factors and trade policies: Diplo- matic disagreement acts as a deterrent to trade, while PTAs and ''Accio ''delegations promote trade. Interestingly, the results for Bilateral Investment Treaties (BITs) show a negative coefficient, suggesting that BITs might decrease trade. However, this is likely due to the naive approach used here, which is susceptible to omitted variable bias. In subsequent tables, where fixed effects are included to address this issue, the coefficient for BITs turns positive, aligning more closely with expectations. Table 3 follows the same structure as Table 2, but it incorporates fixed effects for both the country of origin and destination.<sup>2</sup> Additionally, product fixed effects are included.
 <div id="_bookmark4" class="center" style="width: auto; margin-left: auto; margin-right: auto;">
@@ Line 348: / Line 350: @@
 <div class="center" style="width: auto; margin-left: auto; margin-right: auto;">Robust standard errors are reported in parentheses. * ''p < ''0''.''1, ** ''p < ''0''.''05, *** ''p < ''0''.''01</div>
+<br>
 In Table 3, the focus is on time-variant trade policies, with the results suggesting that PTAs positively impact overall trade, particularly Catalan exports. This is evident from the positive and highly significant PTA coefficients, with the coefficient in the exports column being larger than that in the imports column, indicating that PTAs have a stronger effect on exports. Similar patterns are observed for BITs and new ''Accio ''delegations, which also show positive effects on trade flows.
-The coefficients in this table should be understood in a before-and-after context,
+The coefficients in this table should be understood in a before-and-after context, comparing the impact of these policies over time. Since all variables are binary indi- cators, the coefficients can be directly interpreted as semi-elasticities. For instance, the 0.226 coefficient for ''Accio ''in the exports column suggests that opening a new ''Accio ''delegation in a specific country is associated with a 22.6% increase in exports to that country. A similar interpretation applies to the coefficients for PTAs and BITs.
-−
-−
-[[Image:Draft_Sanchez Pinedo_721182167-picture-docshape7.svg|center|228px]]
-−
-<sup>2</sup>In the imports column, only the country of origin fixed effect is included, as adding destination fixed effects would be redundant since Catalonia is the sole destination. Similarly, in the exports column, only destination fixed effects are used.
 <div id="_bookmark5" class="center" style="width: auto; margin-left: auto; margin-right: auto;">
@@ Line 440: / Line 437: @@
 |}
+<div class="center" style="width: auto; margin-left: auto; margin-right: auto;">Robust standard errors are reported in parentheses * ''p < ''0''.''1, ** ''p < ''0''.''05, *** ''p < ''0''.''01</div>
-<span style="text-align: center; font-size: 75%;">Robust standard errors are reported in parentheses.</span>
+<br>
-−
 * ''p < ''0''.''1, ** ''p < ''0''.''05, *** ''p < ''0''.''01
-−
-comparing the impact of these policies over time. Since all variables are binary indi- cators, the coefficients can be directly interpreted as semi-elasticities. For instance, the 0.226 coefficient for ''Accio ''in the exports column suggests that opening a new ''Accio ''delegation in a specific country is associated with a 22.6% increase in exports to that country. A similar interpretation applies to the coefficients for PTAs and BITs.
 Interestingly, the magnitudes of the coefficients for traditional trade and invest- ment policy instruments (PTAs and BITs) align with those found in previous studies that report global averages (see Heid and Vozzo, 2020; Nagengast and Yotov, 2023). This consistency reinforces the validity of the findings and suggests that these policies have a comparable effect on trade in the Catalan context.
@@ Line 451: / Line 444: @@
 Overall, Table 3 suggests that PTAs, BITs, and ''Accio ''delegations all have a positive effect on trade. The results highlight their effectiveness in promoting both imports and exports, with a particularly strong impact on Catalan exports.
-In the next two sections, country and product heterogeneities are examined to bet- ter understand the mechanisms behind the success of these treaties and delegations. By exploring how these tools perform differently depending on the characteristics of the trading partner and the nature of the goods being traded, the analysis will
+In the next two sections, country and product heterogeneities are examined to bet- ter understand the mechanisms behind the success of these treaties and delegations. By exploring how these tools perform differently depending on the characteristics of the trading partner and the nature of the goods being traded, the analysis will provide deeper insights into why and how these policies work.
-−
 provide deeper insights into why and how these policies work.
 <span id='Country heterogenties'></span>

← Older revision	Revision as of 18:32, 2 March 2025
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← Older revision	Revision as of 09:35, 30 October 2024
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← Older revision		Revision as of 09:22, 30 October 2024
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−	<~~span~~ class="center" style="width: auto; margin-left: auto; margin-right: auto;">Robust standard errors are reported in parentheses. * ''p < ''0''.''1, ''p < ''0''.''05, * ''p < ''0''.''01</~~span~~>	+	<div class="center" style="width: auto; margin-left: auto; margin-right: auto;">Robust standard errors are reported in parentheses. * ''p < ''0''.''1, ''p < ''0''.''05, * ''p < ''0''.''01</div>

	In Table 3, the focus is on time-variant trade policies, with the results suggesting that PTAs positively impact overall trade, particularly Catalan exports. This is evident from the positive and highly significant PTA coefficients, with the coefficient in the exports column being larger than that in the imports column, indicating that PTAs have a stronger effect on exports. Similar patterns are observed for BITs and new ''Accio ''delegations, which also show positive effects on trade flows.		In Table 3, the focus is on time-variant trade policies, with the results suggesting that PTAs positively impact overall trade, particularly Catalan exports. This is evident from the positive and highly significant PTA coefficients, with the coefficient in the exports column being larger than that in the imports column, indicating that PTAs have a stronger effect on exports. Similar patterns are observed for BITs and new ''Accio ''delegations, which also show positive effects on trade flows.

← Older revision		Revision as of 09:20, 30 October 2024
Line 347:		Line 347:


−	<span style="~~text~~-~~align~~: ~~center~~; ~~font~~-~~size~~: ~~75%~~;">Robust standard errors are reported in parentheses. * ''p < ''0''.''1, ''p < ''0''.''05, * ''p < ''0''.''01</span>	+	<span class="center" style="width: auto; margin-left: auto; margin-right: auto;">Robust standard errors are reported in parentheses. * ''p < ''0''.''1, ''p < ''0''.''05, * ''p < ''0''.''01</span>

	In Table 3, the focus is on time-variant trade policies, with the results suggesting that PTAs positively impact overall trade, particularly Catalan exports. This is evident from the positive and highly significant PTA coefficients, with the coefficient in the exports column being larger than that in the imports column, indicating that PTAs have a stronger effect on exports. Similar patterns are observed for BITs and new ''Accio ''delegations, which also show positive effects on trade flows.		In Table 3, the focus is on time-variant trade policies, with the results suggesting that PTAs positively impact overall trade, particularly Catalan exports. This is evident from the positive and highly significant PTA coefficients, with the coefficient in the exports column being larger than that in the imports column, indicating that PTAs have a stronger effect on exports. Similar patterns are observed for BITs and new ''Accio ''delegations, which also show positive effects on trade flows.