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Common Interests or Common Polities? Reinterpreting the Democratic Peace
Farber, Henry S. - 1995
than is that of other country pairs only after World War II. Before 1914 and between the World Wars, there is no difference …
Persistent link: https://www.econbiz.de/10012473888
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One Money, One Market : Estimating the Effect of Common Currencies on Trade
Rose, Andrew K. - 1999
A gravity model is used to assess the separate effects of exchange rate volatility and currency unions on international trade. The panel data set used includes bilateral observations for five years spanning 1970 through 1990 for 186 countries. In this data set, there are over one hundred...
Persistent link: https://www.econbiz.de/10012471350
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Gravity, Productivity and the Pattern of Production and Trade
Anderson, James E. - 2009
frictions in production and distribution of a many country world. The starting point is the international incidence of … reduce sectoral skill premia. Bigger sellers' incidence by country (sector) reduces equilibrium shares of world (national …
Persistent link: https://www.econbiz.de/10012464007
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Increasing Returns and All That : A View From Trade
Antweiler, Werner - 2000
Do scale economies contribute to our understanding of international trade? Do international trade flows encode information about the extent of scale economies? To answer these questions we examine the large class of general equilibrium theories that imply Helpman-Krugman variants of the Vanek...
Persistent link: https://www.econbiz.de/10012470795
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Putting Things in Order : Patterns of Trade Dynamics and Growth
Feenstra, Robert C. - 1997
We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis. Countries habitually begin to export goods to the United States...
Persistent link: https://www.econbiz.de/10012472846
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Sources of Comparative Advantage in Polluting Industries
Broner, Fernando - 2012
We study the determinants of comparative advantage in polluting industries. We combine data on environmental policy at the country level with data on pollution intensity at the industry level to show that countries with laxer environmental regulation have a comparative advantage in polluting...
Persistent link: https://www.econbiz.de/10012460327
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Intra-Industry Foreign Direct Investment
Alfaro, Laura - 2007
We use a new firm level data set that establishes the location, ownership, and activity of 650,000 multinational subsidiaries -- close to a comprehensive picture of global multinational activity. A number of patterns emerge from the data. Most foreign direct investment (FDI) occurs between rich...
Persistent link: https://www.econbiz.de/10012465202
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A Decomposition of Global Linkages in Financial Markets Over Time
Forbes, Kristin J. - 2003
This paper tests if real and financial linkages between countries can explain why movements in the world's largest … between the world's 5 largest economies and about 40 other markets to decompose the cross-country factor loadings into: direct … to be the most important determinant of how movements in the world's largest markets affect financial markets around the …
Persistent link: https://www.econbiz.de/10012469145
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Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners
Keller, Wolfgang - 1997
In this paper, I analyze recent findings by Coe and Helpman (1995) on trade-related international R&D spillovers. A Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign R&D estimated by Coe and Helpman with an elasticity...
Persistent link: https://www.econbiz.de/10012472749
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Measuring Openness to Trade
Waugh, Michael E. - 2016
welfare gain from moving to a world with frictionless trade. In this model, a country's trade potential depends on only the …
Persistent link: https://www.econbiz.de/10012456528