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Felbermayr, Gabriel J. - 2010

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...

Persistent link: https://www.econbiz.de/10013150804

Trade Imbalances and Multilateral Trade Cooperation

Marchetti, Juan A.; Ruta, Michele; Teh, Robert - 2021

Rising current account and merchandise trade imbalances marked the years before the global financial and economic crisis. These imbalances either contributed to or precipitated the crisis and to the extent that they create systemic risks, it is desirable that they be reduced. There are many...

Persistent link: https://www.econbiz.de/10013315818

Transatlantic Free Trade : The View Point of Germany

Felbermayr, Gabriel J. - 2015

The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have strong economic effects on Germany. In this paper, we...

Persistent link: https://www.econbiz.de/10013030304

Did Globalization Influence Credit Market Deregulation?

Eppinger, Peter - 2015

We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …

Persistent link: https://www.econbiz.de/10013021420

Globalization and State Capitalism : Assessing Vietnam's Accession to the WTO

Baccini, Leonardo - 2017

What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...

Persistent link: https://www.econbiz.de/10012947908

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

Trade Linkages and the Globalisation of Inflation in Asia and the Pacific

Auer, Raphael - 2014

Some observers argue that increased real integration has led to greater co-movement of prices internationally. We examine the evidence for cross-border price spillovers among economies participating in the pan-Asian cross-border production networks. Starting with country-level data, we find that...

Persistent link: https://www.econbiz.de/10013054011

Trade and Investment in the Global Economy

Anderson, James E. - 2017

We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and technology capital in transition to the steady state....

Persistent link: https://www.econbiz.de/10012947623

The Elasticity of Trade : Estimates and Evidence

Simonovska, Ina - 2011

Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...

Persistent link: https://www.econbiz.de/10013129252

Natural Disasters and the Effect of Trade on Income : A New Panel IV Approach

Felbermayr, Gabriel J. - 2011

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...

Persistent link: https://www.econbiz.de/10013121825

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