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Persistent link: https://www.econbiz.de/10012505437
We revisit the association between trade and GDP co-movement for 135 countries from 1970 to 2009. Guided by a simple theory, we introduce two notions of trade linkages: (i) the usual direct bilateral trade index and (ii) new indexes of common exposure to third countries capturing the role of...
Persistent link: https://www.econbiz.de/10012833540
Persistent link: https://www.econbiz.de/10012311853
The purpose of this article is to determine the significance of transnational business in the development of the global economic system, to present perspectives on its further functioning and distribution in the global economy, and to develop recommendations for state regulation of...
Persistent link: https://www.econbiz.de/10011632469
We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs - measured by linguistic and geographical proximity - are more relevant for trade that reflects cross-border...
Persistent link: https://www.econbiz.de/10011647903
How do we address challenges presented by unequal distribution of the benefits of globalization? Such that the … liberalization and globalization.This article also aims to highlight and address challenges presented to global trade relations as a …
Persistent link: https://www.econbiz.de/10012932758
economy in the last decade and to measure the influence of the world economic crisis of 2009 on their external trade sector … regions of the world economy for the international trading transactions of CEE countries. The exercise revealed that CEE … ratio as a result of the world economic turbulences starting in 2009. Whereas the transition in the current account balance …
Persistent link: https://www.econbiz.de/10012949485
.quot;Empirical evidence clearly indicates that globalization is the main driver of growth and prosperity in the 21st century world. The links …quot;The World is swiftly moving from an era where business was the culture to an era where culture is the business …
Persistent link: https://www.econbiz.de/10012731973
Persistent link: https://www.econbiz.de/10014364333
This study aims to examine the impact of influential factors on the global trade network through long-term and short-term network analysis based on time slices. The long-term analysis examines the overall network characteristics, key players, and the most impactful events. In particular, the...
Persistent link: https://www.econbiz.de/10014289293