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International Trade Integration: A Disaggregated Approach
Chen, Natalie; Novy, Dennis - CESifo - 2009
trade barriers for manufacturing industries in European Union countries between 1999 and 2003. We find a large degree of … trade cost heterogeneity across industries. The most important trade barriers are transportation costs and policy factors …
Persistent link: https://www.econbiz.de/10005051566
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Gravity Redux: Measuring International Trade Costs with Panel Data
Novy, Dennis - CESifo - 2011
Barriers to international trade are known to be large but due to data limitations it is hard to measure them directly for a large number of countries over many years. To address this problem I derive a micro-founded measure of bilateral trade costs that indirectly infers trade frictions from...
Persistent link: https://www.econbiz.de/10009351468
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Is the International Border Effect Larger than the Domestic Border Effect? Evidence from U.S. Trade
Coughlin, Cletus C.; Novy, Dennis - CESifo - 2009
Many studies have found that international borders represent large barriers to trade. But how do international borders compare to domestic border barriers? We investigate international and domestic border barriers in a unified framework. We consider a unique data set of exports from individual...
Persistent link: https://www.econbiz.de/10008583687
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FDI, Trade Integration and the Border Effect: Evidence from the European Union
Román, Valeriano Martínez-San; Bengoa, Marta; … - CESifo - 2014
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern –horizontal versus vertical– within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture...
Persistent link: https://www.econbiz.de/10010790167
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Same Same But Different: Dialects and Trade
Lameli, Alfred; Nitsch, Volker; Suedekum, Jens; Wolf, … - CESifo - 2013
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade significantly more with each other than countries using different languages, holding other factors constant. In this paper, we show that this trade-promoting effect of language...
Persistent link: https://www.econbiz.de/10010877639
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International Trade without CES: Estimating Translog Gravity
Novy, Dennis - CESifo - 2010
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …. I test the translog gravity equation and find strong empirical support in its favor. …
Persistent link: https://www.econbiz.de/10008596576
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Turkish Delight for Some, Cold Turkey for Others?: The Effects of the EU-Turkey Customs Union
Adam, Antonis; Moutos, Thomas - CESifo - 2005
Following Turkey’s application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly covering trade in manufacturing goods and processed agricultural products, came into effect in 1995. In addition to a large agricultural sector, Turkey also specializes in the...
Persistent link: https://www.econbiz.de/10005094267
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Trade Intensity and Output Synchronisation : On the Endogeneity Properties of EMU
Caporale, Guglielmo Maria - 2013
Using annual bilateral data over the period 1988-2011 for a panel of 24 industrialised and emerging economies, we analyse in a time-varying framework the determinants of output synchronisation in EMU (European Monetary Union) distinguishing between core and peripheral member states. The results...
Persistent link: https://www.econbiz.de/10013083873
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Heterogeneous Economic Integration Agreement Effects
Baier, Scott L. - 2015
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on …
Persistent link: https://www.econbiz.de/10013014988
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A Spatial Perspective on European Integration : Heterogeneous Welfare and Migration Effects from the Single Market and the Brexit
Henkel, Marcel - 2017
We use a quantitative model to study the implications of European integration for welfare and migration flows across 1,318 regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 1-2 percent on average, depending on the presumed trade...
Persistent link: https://www.econbiz.de/10012963382