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Distance, Globalization, and International Trade
Borchert, Ingo - 2017
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …
Persistent link: https://www.econbiz.de/10012963770
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Trade and Investment in the Global Economy
Anderson, James E. - 2017
actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …
Persistent link: https://www.econbiz.de/10012947623
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Globalization, Economic Freedom and Human Rights
Dreher, Axel; Gassebner, Martin; Siemers, Lars H.R - 2021
Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization …-2004 period. According to our results, physical integrity rights significantly and robustly increase with globalization and …
Persistent link: https://www.econbiz.de/10013316142
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Global Banking, Trade, and the International Transmission of the Great Recession
Born, Alexandra - 2018
large parts of the world. In this paper we explore the financial and the trade channel in a unified framework and quantify …
Persistent link: https://www.econbiz.de/10012920861
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Financial Integration, Globalization, and Real Activity
De Nicolo, Gianni - 2013
distinct impact of financial integration and globalization on several dimensions of real activity. We find that: financial … financial integration predict better growth prospects; both advances in financial integration and globalization are associated … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …
Persistent link: https://www.econbiz.de/10013091562
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Trade and Currency Weapons
Bénassy-Quéré, Agnès - 2018
The debate on trade wars and currency wars has re-emerged since the Great recession of 2009. We study the two forms of non-cooperative policies within a single framework. First, we compare the elasticity of trade flows to import tariffs and to the real exchange rate, based on product level data...
Persistent link: https://www.econbiz.de/10012912691
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Trade Booms, Trade Busts, and Trade Costs
Jacks, David S. - 2009
, Europe, and Oceania for the period from 1870 to 2000 and demonstrate an overriding role for declining trade costs in the pre-World … War I trade boom. In contrast, for the post-World War II trade boom we identify changes in output as the dominant force …
Persistent link: https://www.econbiz.de/10013156494
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Kyoto and Carbon Leakage : An Empirical Analysis of the Carbon Content of Bilateral Trade
Aichele, Rahel; Felbermayr, Gabriel J. - 2021
Has the Kyoto Protocol induced carbon leakage? We conduct the first empirical ex-post evaluation of the Protocol. We derive a theoretical gravity equation for the CO2 content of trade, which accounts for intermediate inputs, both domestic and imported. The structure of our new panel database of...
Persistent link: https://www.econbiz.de/10013315947
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Taxing Intellectual Property in the Global Economy : A Plea for Regulated and Internationally Coordinated Profit Splitting
Richter, Wolfram F. - 2017
Inter-country equity in the taxation of IP is a contentious issue. With its BEPS initiative, the OECD aims at taxing in accordance with value creation even though there are admitted difficulties in determining the actual place of value creation. The European Commission promotes the introduction...
Persistent link: https://www.econbiz.de/10012950292
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The Structural Behavior of China-US Trade Flows
Cheung, Yin-Wong - 2015
We examine Chinese-US trade flows over the 1994-2012 period, and find that, in line with the conventional wisdom, the value of China's exports to the US responds negatively to real renminbi (RMB) appreciation, while import responds positively. Further, the combined empirical price effects on...
Persistent link: https://www.econbiz.de/10013030306