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FDI, Trade Integration and the Border Effect : Evidence from the European Union
Martinez-San Roman, Valeriano - 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/10013051267
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A Closer Look at Revealed Comparative Advantage : Gross-versus Value Added Trade Flows
Brakman, Steven - 2015
With the availability of international value added trade data it has become evident that gross export data and value added data do not provide the same information. Although gross exports crosses national borders and is the target of trade policy, value added data tell us what fragment in the...
Persistent link: https://www.econbiz.de/10013023177
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Trade Flows and Trade Specialisation : The Case of China
Caporale, Guglielmo Maria - 2015
Using annual data for the period 1992-2012, this paper examines trade flows between China and its main trade partners … in China's trade patterns. The analysis is based on both economic indicators and the estimation of a gravity model, and … fixed effect vector decomposition (FEVD) technique. The findings confirm the significant change in China's trading structure …
Persistent link: https://www.econbiz.de/10013026682
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How Firms Export : Processing vs. Ordinary Trade with Financial Frictions
Manova, Kalina - 2016
supply chains – and how this decision affects performance. We exploit matched customs and balance-sheet data from China …
Persistent link: https://www.econbiz.de/10012994784
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Impact of European Food Safety Border Inspections on Agri-Food Exports : Evidence from Chinese Firms
Beestermöller, Matthias - 2016
The cost of complying with a sanitary standard is certain. However, such regulatory measure is a source of uncertainty for exporting firms in relation to border rejections. Shipments may fail to pass inspections and may be refused entry into the importing country. We examine how the risk of...
Persistent link: https://www.econbiz.de/10012993696
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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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Border Effects Without Borders : What Divides Japan's Internal Trade?
Wrona, Jens - 2018
This paper identifies a “border” effect in the absence of a border. The finding that trade between East- and West-Japan is 23.1 to 51.3 percent lower than trade within both country parts, is established despite the absence of an obvious east-west division due to historical borders, cultural...
Persistent link: https://www.econbiz.de/10012915201
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What Drives Home Market Advantage?
Cosar, Kerem - 2015
In the automobile industry, as in many tradable goods markets, firms earn their highest market share within their domestic market. This home market advantage persists despite substantial integration of international markets during the past several decades. The goal of this paper is to quantify...
Persistent link: https://www.econbiz.de/10013012565
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EU-Type Carbon Emissions Trade and the Distributional Impact of Overlapping Emissions Taxes
Eichner, Thomas; Pethig, Rudiger - 2021
The European Union fulfills its emissions reductions commitments by means of an emissions trading scheme covering some part of each member state's economy and by national emissions control in the rest of their economies. The member states also levy energy/emissions taxes overlapping with the...
Persistent link: https://www.econbiz.de/10013316392
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Goods and Factor Market Integration : A Quantitative Assessment of the EU Enlargement
Caliendo, Lorenzo - 2017
The economic effects from labor market integration are crucially affected by the extent to which countries are open to trade. In this paper we build a multi-country dynamic general equilibrium model with trade in goods and labor mobility across countries to study and quantify the economic...
Persistent link: https://www.econbiz.de/10012948334