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The theory of the firm suggests that firms can respond to poor contract enforcement by vertically integrating their production process. The purpose of this paper is to examine whether firms' integration opportunities affect the way institutions determine international trade patterns. We find...
Persistent link: https://www.econbiz.de/10009251249
Persistent link: https://www.econbiz.de/10005671122
No abstract.
Persistent link: https://www.econbiz.de/10010600206
enforcement institutions determine international trade patterns. We find that the benefits of judicial quality for the exports of …
Persistent link: https://www.econbiz.de/10010571366
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/10011019051
Aiming to explore how the survival of trade flows has evolved over time, we analyze a rich data set of detailed imports …
Persistent link: https://www.econbiz.de/10009283229
or not EU imports from the rest of the world also are short-lived. Second, since there is at this point no clear commonly … rich data set of detailed imports to the EU15 countries from 140 exporters, covering the time period 1962-2006. Using these … data, we begin by conducting a thorough descriptive analysis of the duration of EU imports. Thereafter, we perform a …
Persistent link: https://www.econbiz.de/10008548990
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 paper 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/10008470233
of imports? Are there differences between imports of different origins? The results provide some support for intensified … competition of the free trade agreement, even though the disciplinary effect of imports originating from the less developed … countries is larger than of imports originating from the developed countries. …
Persistent link: https://www.econbiz.de/10010818366
. Firms based in Malmö raise exports to Denmark substantially, mostly by firms selecting into exporting, and the aggregate …. Exports by the wholesale sector in Malmö are strongly affected by the bridge whereas those of manufacturing are not. The …
Persistent link: https://www.econbiz.de/10005025458