Showing 1 - 10 of 122
This paper decomposes the growth of China’s export into three parts: growth in the extensive margin, increased quantity … and increased prices; we perform a series of empirical analyses using China’s export data at HS-6 digit to analyze the … characteristics of China’s export growth. From 1995 to 2010, China’s export growth was mainly driven by quantity growth with a …
Persistent link: https://www.econbiz.de/10010660134
We analyze the role of imitation and innovation in promoting technological progress in new members of European Union …: the Czech Republic, Hungary, Poland and Slovakia. The two modes of technological development—innovation and imitation …—are distinguished from one another by identifying the dominant orientation of innovation efforts at the industry level. Specific …
Persistent link: https://www.econbiz.de/10008572493
exogenous to firms’ export performance. We find that innovation attributable to this variation leads to an increase of roughly 7 …Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … percentage points in the export share of German manufacturing firms. The evidence is robust to several alternative specifications …
Persistent link: https://www.econbiz.de/10005406266
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade significantly more with each other than countries using different languages, holding other factors constant. In this paper, we show that this trade-promoting effect of language...
Persistent link: https://www.econbiz.de/10010877639
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
Persistent link: https://www.econbiz.de/10010877646
What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to...
Persistent link: https://www.econbiz.de/10010877726
Previous empirical research has assumed that goods trade responds to goods trade preferentialism only, while other forms of preferentialism – such as services trade or investment preferentialism – are irrelevant for goods trade. This paper provides novel evidence for the gains from a broader...
Persistent link: https://www.econbiz.de/10010877855
If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can...
Persistent link: https://www.econbiz.de/10010877912
In a major setback for the EU, only two of four Eastern Partnership countries actually initialed Association Agreements at the Vilnius Summit in November 2013. This paper asks what went wrong and what can be done about it. Using a gravity model to estimate the effects of deep and shallow free...
Persistent link: https://www.econbiz.de/10010877942
This paper estimates the effects of the EU enlargements in the 2000s for trade in parts and components and trade in final goods separately. A gravity model is applied to disaggregated trade data over the period 1999-2009 for trade between EU and OECD countries. The estimation approach accounts...
Persistent link: https://www.econbiz.de/10010877956