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economic distance. We argue that products which are highly sensitive to economic distance (proxied with absolute differences in … per capita income) and barely sensitive to geographical distance are the best candidates for future trade between the … different sensitivity to distance and highlight the importance of using disaggregated data when analysing international trade …
Persistent link: https://www.econbiz.de/10005119322
International economic sanctions appear to be a common and recurring feature of political interactions between states. In particular, the United States is the country which has most frequently applied negative economic sanctions after World War II. In a parallel way, several measures, imposed by...
Persistent link: https://www.econbiz.de/10005119279
Within any preferential trade agreement (PTA) origin rules exist in order to prevent third countries from taking advantage of the PTA concessions. The rules thus are there to preserve the existing external protection of countries within the PTA. However, depending on their formulation, they can...
Persistent link: https://www.econbiz.de/10005408057
criterion based on a distance measure between filters, evaluating its performance with Monte Carlo experiments. …
Persistent link: https://www.econbiz.de/10005119084
This paper aims to evaluate the trade potential of manufactured products between the members of the EU25 in the threshold of its Eastern enlargement. We estimate, for 2002, a cross-section gravity model, whose coefficients will be used to project the “natural” trade relations between them....
Persistent link: https://www.econbiz.de/10005062628
Although the core model of the Dutch Disease makes unambiguous predictions regarding the negative effect of a resource boom on a country’s manufacturing exports, the empirical literature that has followed has not clearly identified this effect. I attribute this to the failure of the existing...
Persistent link: https://www.econbiz.de/10005062648
This paper argues that seasonal fluctuations in international trade are large and have non-trivial effects on a country's resource allocation, production, and welfare. Using U.S. quarterly data, we find fluctuations of as much as 43% and 15% for apparel imports and exports respectively, and 7%...
Persistent link: https://www.econbiz.de/10005119255
Some economists, who favoured free trade, had predicted that world prices would rise after UR agreement and with establishment of WTO, but the factual position is quite different. Since 1995, world whole sale prices of commodities are falling at the rate ranging 1 to 17%. Secondly Indian...
Persistent link: https://www.econbiz.de/10005119291
We examine the consequences of increased economic integration between nations within a region. We adopt Krugman’s economic-geography model in which demand linkages can generate agglomeration of manufacturing activity. Manufacturing labour is assumed to be imperfectly mobile between countries....
Persistent link: https://www.econbiz.de/10005119320
This paper investigates the transmission mechanisms of noise and volatility between economies through trade links, and the effects of synchronization on business cycles. We investigate the transmission of outside noise and the fluctuations that the noise generates. We identify conditions under...
Persistent link: https://www.econbiz.de/10005119350