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The Direct and Indirect Effects of Financial Development on International Trade : Evidence from the CEEC-6
Caporale, Guglielmo Maria; Sova, Anamaria Diana; Sova, … - 2021
This paper analyses the relationship between international trade and financial development in six EU members from Central and Eastern Europe (CEEC-6) using dynamic panel data approaches, specifically the system Generalized Method of Moments (GMM) and pooled mean group (PMG) estimators. The...
Persistent link: https://www.econbiz.de/10013315285
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The COVID-19 Pandemic and European Trade Patterns : A Sectoral Analysis
Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2022
This paper examines how the Covid-19 pandemic affected European trade patterns. Specifically, dynamic panel data models are estimated to assess the effects on exports and imports of various sectors and products (selected on the basis of their trading volume or strategic importance) of the...
Persistent link: https://www.econbiz.de/10014241202
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The COVID-19 Pandemic and European Trade Flows : Evidence from a Dynamic Panel Model
Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2022
This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...
Persistent link: https://www.econbiz.de/10014080051
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The sustainability of empire in global perspective: The role of international trade patterns
Bonfatti, Roberto - 2012
European empires had two key economic aspects: the extraction of colonial wealth by colonizers, and the relevance of trade for the colonial economies. I build a simple model of decolonization that puts these two elements at centre stage. By controlling policy in the colony, the mother country...
Persistent link: https://www.econbiz.de/10010283599
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Arming in the Global Economy : The Importance of Trade with Enemies and Friends
Garfinkel, Michelle R. - 2019
We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms …, greater trade openness brings with it a reduction in resources diverted to conflict and thus wasted, as well as the familiar … with a third (friendly) country, a move from autarky to trade intensifies conflict between the two adversaries, inducing …
Persistent link: https://www.econbiz.de/10012892081
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China and the World Bank : How Contrasting Development Approaches Affect the Stability of African States
Gehring, Kai; Kaplan, Lennart C.; Wong, Melvin H.L - 2019
outright conflict nor any type of citizen protest, on average. Both even reduce outright conflict by governments against …
Persistent link: https://www.econbiz.de/10014033178
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International Trade and Stable Resolutions of Resource Disputes
Garfinkel, Michelle R.; Syropoulos, Constantinos - 2022
We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...
Persistent link: https://www.econbiz.de/10014243081
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A convex hull approach to counterfactual analysis of trade openness and growth
Funke, Michael; Gronwald, Marc - 2009
In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the question what would happen if African countries were more...
Persistent link: https://www.econbiz.de/10010265984
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An Equilibrium Model of the African HIV/AIDS Epidemic
Greenwood, Jeremy - 2018
Twelve percent of the Malawian population is HIV infected. Eighteen percent of sexual encounters are casual. A condom is used a third of the time. To analyze the Malawian epidemic, a choice-theoretic general equilibrium search model is constructed. In the developed framework, people select...
Persistent link: https://www.econbiz.de/10012908690
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The Out of Africa Hypothesis of Comparative Economic Development : Common Misconceptions
Ashraf, Quamrul H. - 2019
The importance of the prehistoric migration of anatomically modern humans from Africa for comparative economic development has been the focus of a vibrant research agenda in the past decade. This influential literature has attracted the attention of some scholars from other disciplines, and in...
Persistent link: https://www.econbiz.de/10012892135