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The recent literature on the duration of trade has predominantly analyzed the determinants of trade flow durations using Cox proportional hazards models. The purpose of this article is to show why it is inappropriate to analyze the duration of trade with continuous-time models such as the Cox...
Persistent link: https://www.econbiz.de/10010994379
Rating scales as predictors in regression models are typically treated as metrically scaled variables or, alternatively, are coded in dummy variables. The first approach implies a scale level that is not justified, the latter approach results in a large number of parameters to be estimated....
Persistent link: https://www.econbiz.de/10010998760
The objective of the paper is to explore and give an overview of two central policy alternatives to improve the integration between the European Union and developing countries by removing barriers to trade: trade preferences and trade facilitation. The author reviews the relevant literatures and...
Persistent link: https://www.econbiz.de/10009538012
We employ spatial econometrics techniques to investigate to what extent countries’ economic and geographical relations affect their stock market co-movements. Among the relations that we analyze, bilateral trade proves to be best suited to capture co-variations in returns. We find a strong...
Persistent link: https://www.econbiz.de/10010709492
As our understanding of genetics has increased, so has the number of genetic tests that have entered clinical practice. Given the need of many European health care systems to contain costs, the question of how to prioritise genetic tests fairly has become an emerging concern.
Persistent link: https://www.econbiz.de/10011190153
In endeavouring to explain the empirical puzzle that the sunk costs of exporting are important, but that, at the same time, trade flows do not, on average, survive for very long, this paper explores the concepts of core and peripheral markets. First, it illustrates that if the importance of sunk...
Persistent link: https://www.econbiz.de/10011151037
type="main" <p>This article explores whether trade facilitation – i.e. improved and simplified trade procedures – could be an important part of the reform agenda of the Barcelona Process. Adopting a Southern perspective by focusing on exports to the European Union (EU) from non-EU Mediterranean...</p>
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