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Gravity models are used to explore the determinants of trade, making use of fixed effect linear estimators and a … Poisson estimator (as in Santos Silva and Tenreyro, 2006) with fixed effects. Beyond usual determinants of trade such as GDP …, distance, contiguity, free trade areas and language, this analysis mainly focuses on the role of product market regulation …
Persistent link: https://www.econbiz.de/10011277018
La crisis económica actual se inscribe en el contexto de un profundo proceso de transformación de la economía mundial. Este proceso tiene su principal reflejo en la evolución registrada por el comercio internacional en las últimas décadas, cuyo análisis es el objeto de esta monografía....
Persistent link: https://www.econbiz.de/10010662870
Las intensas transformaciones registradas por la economía mundial a lo largo de los últimos veinticinco años han modificado profundamente la naturaleza y magnitud de los flujos comerciales entre países. La incorporación de grandes potencias emergentes al sistema económico internacional ha...
Persistent link: https://www.econbiz.de/10010693409
. Service trade, however, like goods trade, is subject to strong distance effects, implying that the remote supply of services … remains limited. We investigate this proposition by deriving a gravity-like equation for service trade and estimating it for a … large sample of countries and different categories of service trade. We find that distance costs are high but are declining …
Persistent link: https://www.econbiz.de/10005666777
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … the China shock. The main lessons learned in this review are: (i) the aggregate gains from U.S.-China trade created …
Persistent link: https://www.econbiz.de/10013361989
terms of Oman–Asia trade relationship and in particular the need for more policy intervention to liberalise the non …This paper investigates the determinants of trade between Oman and its major Asian trading partners in order to gauge … the impact of the process of trade liberalisation. The empirical findings based on the gravity model indicate that Oman …
Persistent link: https://www.econbiz.de/10010636264
answer to this question is of interest given the highly resource-intensive nature of China's growth, and is important for … construction as a driver of China's demand for resource-intensive metal products. Second, it shows that global trade in non …Is China's demand for resources driven predominantly by domestic factors or by global demand for its exports? The …
Persistent link: https://www.econbiz.de/10010875337
This paper exploits the surge in Chinese exports from 1994 to 2004 to evaluate the effects of a competition shock from a low wage competitor for producers in an important middle-income country, Mexico. We find that this shock causes selection and reallocation at both firm and product levels and...
Persistent link: https://www.econbiz.de/10010617215
We investigate the impact of the emergence of China as a global competitor on the trade performance of Central, Eastern …-throat competition between CESEE and China. The decomposition of export growth along the extensive versus the intensive margin shows that …) contributed most strongly to export growth in both regions, whereas the contribution of new trade links (i.e. the extensive margin …
Persistent link: https://www.econbiz.de/10011191189
Preferential trade agreements have spread throughout Asia. However, they have not facilitated intra-regional trade as … agreements – have resulted in low utilization rates in Asia. The key driver of trade integration in Asia has instead been the … region. In 2011, China ran a trade deficit with its neighbouring countries whilst running surpluses with the USA and the EU …
Persistent link: https://www.econbiz.de/10009747395