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FDI, trade integration and the border effect : evidence from the European Union
Martínez-San Román, Valeriano; Bengoa, Marta; … - 2014
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern - horizontal versus vertica l- within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture trade...
Persistent link: https://www.econbiz.de/10010371905
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Estimating the trade and welfare effects of brexit : a panel data structural gravity model
Oberhofer, Harald; Pfaffermayr, Michael - 2017
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit …
Persistent link: https://www.econbiz.de/10011781959
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Sectoral trade freeness and agglomeration in the EU : an empirical test strategy
Cafiso, Gianluca - 2012
This paper studies the evolution of trade freeness and of the agglomeration of production, as well as their relationship, at the sectoral level in a group of EU countries. Our main objective is to test at the sectoral level the conclusions of previous aggregate analyses which find that an...
Persistent link: https://www.econbiz.de/10009682333
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Is the international border effect larger than the domestic border effect? : evidence from U.S. trade
Coughlin, Cletus Charles; Novy, Dennis - 2009
. -- international border effects ; intranational home bias ; domestic borders ; gravity ; trade costs …
Persistent link: https://www.econbiz.de/10003902081
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Epidemic trade
Börner, Lars; Severgnini, Battista - 2011
Black Death struck most areas of Europe and the wider Mediterranean. Based on a modified version of the gravity model, we … the importance and causes of medieval trade. -- Trade ; Middle Ages ; Black Death ; Gravity model ; Poisson regression …
Persistent link: https://www.econbiz.de/10009242313
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Trade intensity and output synchronisation : on the endogeneity properties of EMU
Caporale, Guglielmo Maria; De Santis, Roberta; Girardi, … - 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/10009724042
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Currency unions, trade, and heterogeneity
Chen, Natalie; Novy, Dennis - 2018
How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation …
Persistent link: https://www.econbiz.de/10011867116
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Friends without benefits? : new EMU members and the "euro effect" on trade
Mika, Alina; Zymek, Robert - 2017
countries which adopted the common currency since 2002. Based on "state of the art" gravity estimations for the period 1992 …-2013, we reach three main conclusions. First, estimates from an appropriately specified and estimated gravity equation provide … global average during the 2002-2013 period. Using the functional form of a theory-consistent gravity equation, we perform …
Persistent link: https://www.econbiz.de/10011597238
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Globalisation and social spending
De Grauwe, Paul; Polan, Magdalena - 2003
We provide evidence indicating that countries with well-developed social security systems do not necessarily face a trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in the competitiveness league. We investigate the...
Persistent link: https://www.econbiz.de/10011506440
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Trade, integration, and interregional inequality
Hirte, Georg; Lessmann, Christian - 2014 - This version: April 08, 2014
estimates of a gravity model of bilateral trade, which covers 208 countries for the period 1948-2006. For our study we use …
Persistent link: https://www.econbiz.de/10010354797