Showing 1 - 10 of 76
Since McCallum’s (1995) finding of surprisingly high border effect on trade between US and Canada, there have been a number of studies on other parts of the world, and improvements made to the gravity model to accurately measure this effect. This paper suggests some other modifications to the...
Persistent link: https://www.econbiz.de/10005677536
The paper analyzes the factors behind the reorientation of transition countries’ exports to their non-traditional partners outside their former block. First, the amount of reorientation is calculated using a gravity model. Then, reasons for the cross-country differences in the rate of closing...
Persistent link: https://www.econbiz.de/10005677634
The paper analyzes the increase in transition countries’ exports to their non-traditional trade partners. It uses four different measures of product differentiation to find out the extent that the increase in product variety explains this phenomenon. It is found that opening up to new trade...
Persistent link: https://www.econbiz.de/10005207899
. This paper uses data from 39 industries in China for a period of three years (1995-1997) to explore the institutional …
Persistent link: https://www.econbiz.de/10005677661
Using confidential microdata from the US Census, we find that the fraction of manufacturing plants that export rose … instead argue that changes in other factors that determine export status are sufficient to explain these trends. …
Persistent link: https://www.econbiz.de/10010575338
comparative advantage (CA) in U.S. services trade with China and India from 1992 to 2010. The results indicate that the U.S. has a … recently China, gained a CA in modern services, such as computer and information services during the period considered in this … losing its initial dominance. In contrast, the U.S. CA or CDA vis-à-vis China exhibits high levels of persistence over time …
Persistent link: https://www.econbiz.de/10011266143
We examine the determinants of FDI stocks of ‘old’ EU-members in ten accession countries. Our partial adjustment framework results in a dynamic panel data analysis. In addition to the traditional variables, such as market potential and unit labour costs, we find institutional development to...
Persistent link: https://www.econbiz.de/10005652661
The paper examines the impact of terms of trade shocks on private savings in the transition economies after accounting for the effect of other determinants. Economic agents in the transition economies are subject to tight credit constraints which are more pronounced during bad state of nature....
Persistent link: https://www.econbiz.de/10005677452
This paper utilizes a unique dataset on votes cast by Czech and Polish migrants in their recent national elections to investigate the impact of institutional, political and economic characteristics on migrants’ voting behavior. The political preferences of migrants are strikingly different...
Persistent link: https://www.econbiz.de/10005784736
Yuan real effective exchange rate misalignment is esitimated in a behavioral equilibrium exchange rate (BEER) model for the period 1997 to third quarter 2007. Using the Beveridge-Nelson decomposition a vector error correction model (VECM) of the exchange rate as a function of macroeconomic...
Persistent link: https://www.econbiz.de/10008529011