Showing 1 - 10 of 60
The paper is devoted to an econometric analysis of learning foreign languages in all parts of the world. Our sample … learning while the world population of speakers of the native language generally discourages it. Trade with speakers of a … other three key variables (literacy rate, linguistic distance, and world population of native speakers) because its …
Persistent link: https://www.econbiz.de/10013048885
We derive a real gravity equation and gain several new insights that were hidden in the nominal specification used so far. Most importantly, the real effective exchange rate (REER) of the exporter and, via the importer's terms of trade, also the importer's REER matter, and we can identify the...
Persistent link: https://www.econbiz.de/10011791519
I construct a theory of foreign interventions in which the preferences of the foreign country over alternative local groups are determined by each group's international economic ties. In equilibrium, the foreign country supports the group with which it has the strongest ties, since this is most...
Persistent link: https://www.econbiz.de/10013124181
We review and interpret the main theoretical developments in the gravity literature from its very early, a-theoretical applications to the latest structural contributions. We also discuss challenges and implement methods to estimate empirical gravity equations. We finish with a presentation and...
Persistent link: https://www.econbiz.de/10012960473
in China's trade patterns. The analysis is based on both economic indicators and the estimation of a gravity model, and …
Persistent link: https://www.econbiz.de/10013026682
world. This raises the issue of the relationship between economic and political integration. The theoretical model shows … that, in an insecure world, the interplays between security and economic forces shape the decision to form a regional …
Persistent link: https://www.econbiz.de/10013317345
Persistent link: https://www.econbiz.de/10003644220
This paper studies the intangible costs of international trade by extending the basic gravity equation with measures of cultural and institutional distance, and institutional quality. Analyzing a sample of bilateral trade flows between 92 countries in 1999, we find that institutional distance...
Persistent link: https://www.econbiz.de/10011346486
Many river basins will likely face higher hydrologic variability, including extreme floods and droughts, due to climate change, with economic and political consequences. Water treaties that govern international basins could face non-compliance among riparians and inter-state tensions as...
Persistent link: https://www.econbiz.de/10010226971
Gravity models of international trade have been frequently applied to estimate the impact of common (official or spoken) language on bilateral trade. This study provides a meta-analysis based on 701 language effects collected from 81 academic articles. On average, a common (official or spoken)...
Persistent link: https://www.econbiz.de/10013117260