This paper provides a new attempt to examine the relationship between an economy's exposure to foreign trade and its degree of urban concentration. In contrast to previous work, which is often based on rich cross-country data sets, the analysis is focused exclusively on European countries,...

This paper examines data on trade flows between West German Bundesländer (federal states) and East Germany to explore the effect of national borders on trade. Although the data cover only a small fraction of intra-German trade flows, I find a home bias of about factor 2.2; West German shipments...

This paper examines data on trade flows between West German Bundesländer (federal states) and East Germany to explore the effect of national borders on trade. Although the data cover only a small fraction of intra-German trade flows, I find a home bias of about factor 2.2; West German shipments...

This paper provides a new attempt to examine the relationship between an economy?s exposure to foreign trade and its degree of urban concentration. In contrast to previous work, which is often based on rich cross-country data sets, the analysis is focused exclusively on European countries,...

We analyze whether financial integration will lead to lower national regulation of domestic banking activities. In our model, banks? efforts and public regulation can lower the probability of bankruptcy. We contrast the national case with an integrated banking market and find that banks will...