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We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is … inhabitated by two ethnic groups. Inter-ethnic trade requires imperfectly observed bilateral investments and one group has to form … beliefs on the average propensity to trade of the other group. Since confict disrupts trade, the onset of a conflict signals …
Persistent link: https://www.econbiz.de/10010316887
trades, and convincing explanations of the persistence of the Indo-Central Asian trade (for example) despite the growing Indo …-European trade from the seventeenth-century. The customs-union model usefully approximates this trading-situation (i.e. the Europeans … the possibility for trade-creation (i.e. due to substitution between otherwise regionally-specialised production …
Persistent link: https://www.econbiz.de/10005870483
Statistical analysis of Greek sovereign debt denominated in gold and traded on the London Stock Exchange from the outbreak of the First World War until the advent of the Great Depression is employed to explore the way that historical events including political and institutional changes shaped...
Persistent link: https://www.econbiz.de/10005870576
per capita incomes across economies and the spatial advance of free trade. For many economists and historians the two are … linked: the reduction of trade barriers in the post-war world ushered in a new era of globalisation and that globalisation in … then it would represent one of the most important transitions of the twentieth century. Free trade was championed by the …
Persistent link: https://www.econbiz.de/10005870584
percent. 2 And the growth of world trade during thisperiod far exceeded the expansion of world output. Growth rates of …
Persistent link: https://www.econbiz.de/10005870594
This paper analyses trade specialisation dynamics in two Eastern European countries(Romania and Bulgaria – EEC-2) vis …
Persistent link: https://www.econbiz.de/10009360508
This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach … than previous results. They confirm the existence of a strong causal effect of trade on growth but fail to find evidence … for trade as an independent factor of divergence. Hence, one cannot blame trade as such for the disappointing performance …
Persistent link: https://www.econbiz.de/10010294545
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure …, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. We are interested … in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. We depart from …
Persistent link: https://www.econbiz.de/10010294570
international trade. We outline a model exemplifying some of these linkages, describe several methods for investigating two …-way feedbacks between various categories of trade, and apply them to the recent experience of developing countries. After … between FDI and manufacturing trade. More precisely, applying Geweke (1982)'s decomposition method, we find that most of the …
Persistent link: https://www.econbiz.de/10010322687
, regulation of trade and investment flows, and gender-sensitive public sector spending. …
Persistent link: https://www.econbiz.de/10010330090