firms that are engaged in international trade perform significantly better than those firms that trade on the domestic …

This paper evaluates the role of sectoral heterogeneity in determining the gains from trade. We first show analytically … total trade volumes as a share of total absorption systematically understates the true gains from trade. Greater relative … gains. Using data on overall and sectoral trade shares in a sample of 79 countries and 19 sectors we show that the multi …

. This measure is strongly correlated with the volatility of terms-of-trade, total exports, and output, but does not exhibit … a close relationship to the level of income, overall trade openness, or other country characteristics. We then propose …

in unit labour costs. Despite this (and despite growth being weaker than expected in the euro zone), NMS foreign trade … continues to perform excellently. Foreign trade has been even more instrumental in generating GDP growth in the first quarter of … 2005 than in the past. It should be pointed out, however, that NMS trade with the 'old' EU has grown at a relatively slower …

growth in Ukraine has been spectacular, reflecting weak investment demand and the deterioration of foreign trade. By and …

outstanding feature of last year's economic developments was a boost in foreign trade (or of intra-EU dispatches and arrivals in … their aggregate trade balance slightly deteriorated (in fact foreign trade contributed positively to GDP growth in Poland … and 72% of imports represent intra-EU trade. Given the high (and rising) export surpluses of Russia and Ukraine - in both …

This paper examines the mechanisms through which output volatility is related to trade openness using an industry …-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to … international trade are more volatile. Second, trade is accompanied by increased specialization. Third, sectors that are more open …

Trade and economic integration in the CIS an evaluation (by Vasily Astrov, Peter Havlik and Olga Pindyuk; pp. 1 …-3) Keywords trade, economic integration Countries covered CIS Topics International Trade, Competitiveness and FDI Volume and … variety of intra-bloc trade in an expanded European Union (by Neil Foster; pp. 4-10) Keywords intra-bloc trade, expanded EU …