Showing 1 - 10 of 673
Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has featured prominently in the policy debate over Brexit. We first review the facts, noting the overwhelming evidence that trade tends to fall with distance. We then introduce some...
Persistent link: https://www.econbiz.de/10012839359
Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre-crisis, in both absolute terms (growth rates) and relative terms (relative to GDP, from 2:1 in the great 1990’s to 1:1 since 2012) A debate has arisen as to whether this global trade...
Persistent link: https://www.econbiz.de/10012908674
We propose new methods to identify the full impact of country-specific characteristics on bilateral trade flows within the framework of ‘the new quantitative trade model.’ We complement theory with a simple two-stage estimating procedure, and offer a proof of concept by quantifying the...
Persistent link: https://www.econbiz.de/10013312849
Theoretical and empirical research in economics suggests that bilateral migration triggers bilateral trade through a number of channels. This paper assesses the functional form of the impact of migration on trade flows in a quasi-experimental setting. We provide evidence that the relationship is...
Persistent link: https://www.econbiz.de/10010274829
disaster risk reduction and climate adaptation in Bangladesh, a country with a very high exposure to weather risk. We use a … comprehensive dataset for the 483 sub-districts (Upazilas) in Bangladesh, tracking disaster risk reduction and adaptation funding … transfers, provided that it is allocated rationally. Broadly, this appears to be the case in Bangladesh. We leave the measuring …
Persistent link: https://www.econbiz.de/10012842384
on a unique firm-to-firm dataset of Bangladesh's textiles and garment sectors. We look at the female employment of …
Persistent link: https://www.econbiz.de/10012823560
Conflicts between management and workers are common and can have significant impacts on productivity. We study how workers in a large Bangladeshi sweater factory responded to management's decision to lay off about a quarter of the workers following a period of labor unrest. Our main finding is...
Persistent link: https://www.econbiz.de/10012825388
Flexible repayment schedules allow borrowers to invest in profitable yet risky projects, but practitioners fear they erode repayment morale. We study repayment choices in rigid and flexible loan contracts that allow discretion in repayment timing. To separate strategic repayment choices from...
Persistent link: https://www.econbiz.de/10012832188
with women in rural Bangladesh, we measure social norms in the form of empirical and normative expectations about menstrual …
Persistent link: https://www.econbiz.de/10013227602
Employing an endogenous growth model with human capital, this paper explores how productivity shocks in the goods and human capital producing sectors contribute to explaining aggregate fluctuations in output, consumption, investment and hours. Given the importance of accounting for both the...
Persistent link: https://www.econbiz.de/10013120659