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This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...
Persistent link: https://www.econbiz.de/10013285828
Fuel subsidies are widespread and debated extensively. The issues with these subsidies are fully acknowledged by many energy economists; however, the total subsidy level remains high. This is because energy subsidies are often closely related to the political economy viewpoint. Moreover, the...
Persistent link: https://www.econbiz.de/10012289909
Economic integration is being inhibited by the poor state of transport connectivity between Bangladesh, and South Asia … and Southeast Asia. This study reviews connectivity initiatives of Bangladesh and the two neighboring regions and proposes … ways to deepen regional and interregional connectivity. Since the early 1990s, as a consequence of trade-led growth …
Persistent link: https://www.econbiz.de/10010408478
This paper explores official trade data to identify patterns of smuggling in international trade. Our main measure of interest is the difference in matched partner trade statistics, i.e., the extent to which the recorded export value in the source country deviates from the reported import value...
Persistent link: https://www.econbiz.de/10003790986
What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international trade flows. We construct a new balanced sample of...
Persistent link: https://www.econbiz.de/10003882603
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/10003887183
The People's Republic of China (PRC) has received enormous inflows of foreign direct investment (FDI) in recent years, including significant flows from Japan and the United States (US). We examine these investment flows in detail to gain perspectives on their relative importance for the three...
Persistent link: https://www.econbiz.de/10003901563
Persistent link: https://www.econbiz.de/10003457169
Persistent link: https://www.econbiz.de/10003457702
into the global economy through trade and FDI inflows, China is seen as primarily manufacturing-lead growth with India as … service-lead growth (see Rodrick & Subramanian (2006)). An alternative view is that India is effectively a lagged version of …, India-China bilateral trade has increased by a factor of 33 between 1995 and 2007, and this growth has occurred at an …
Persistent link: https://www.econbiz.de/10008697087