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the host country's culture. While migrants do act as vectors of cultural diffusion and bring about cultural convergence … which it delivers distinctive testable predictions on the sign and direction of convergence. We then use the World Value …
Persistent link: https://www.econbiz.de/10012823554
We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing dynamic-adjustment effects. Our analysis reveals...
Persistent link: https://www.econbiz.de/10012822506
Trade costs are crucial in new economic geography (NEG) models. The unavailability of actual trade costs data requires the approximation of trade costs. Most NEG studies do not deal with the ramifications of the particular trade costs specification used. This paper shows that the specification...
Persistent link: https://www.econbiz.de/10013316892
identification to the culture and society of the country of origin and the host country and second, to investigate the impact of …, namely: i) the degree of commitment to the origin country culture and ii) the extent to which the individual holds multiple …. The results show that having multiple identities improves the employment outcomes of the migrants and contribute to help …
Persistent link: https://www.econbiz.de/10012866393
Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade and welfare. We make use of the rich dimensionality of our data and of the latest developments in the structural gravity literature. Starting with a broad evaluation by sanction...
Persistent link: https://www.econbiz.de/10012866418
We propose a simple and flexible reduced-form econometric approach to estimate gravity models in the short and the long run. The theoretical lens for interpreting our methods amends the canonical Lucas-Prescott adjustment formulation to allow for time-interval-varying...
Persistent link: https://www.econbiz.de/10014264152
According to the widely known ‘culture of honor’ hypothesis from social psychology, traditional herding practices have …
Persistent link: https://www.econbiz.de/10013308100
We use anonymized data from Facebook to construct a new measure of the pairwise social connectedness between 180 countries and 332 European regions. We find that two countries trade more with each other when they are more socially connected and when they share social connections with a similar...
Persistent link: https://www.econbiz.de/10012834994
We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one’s incentive to arm given the opponent’s...
Persistent link: https://www.econbiz.de/10012892081
Capitalizing on the latest developments in the gravity literature, we utilize two new datasets on sanctions and trade to study the impact of economic sanctions on international trade in the mining sector, which includes oil and natural gas. We demonstrate that the gravity equation is well suited...
Persistent link: https://www.econbiz.de/10013246911