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from the Rose [2004] dataset, the ITERATE dataset for terrorist events, and datasets of external and internal conflict. We … of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
Persistent link: https://www.econbiz.de/10011449640
We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms …, greater trade openness brings with it a reduction in resources diverted to conflict and thus wasted, as well as the familiar … with a third (friendly) country, a move from autarky to trade intensifies conflict between the two adversaries, inducing …
Persistent link: https://www.econbiz.de/10011966909
In 2014 over $60 billion was mobilized to help developing nations mitigate climate change, an amount equivalent to the GDP of Kenya. Interestingly, breaking from the traditional model of bilateral aid, donor countries distributed nearly fifty percent of their aid through multilateral aid funds...
Persistent link: https://www.econbiz.de/10011452801
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
This paper analyses the relationship between international trade and financial development in six EU members from Central and Eastern Europe (CEEC-6) using dynamic panel data approaches, specifically the system Generalized Method of Moments (GMM) and pooled mean group (PMG) estimators. The...
Persistent link: https://www.econbiz.de/10012291894
This paper examines how the Covid-19 pandemic affected European trade patterns. Specifically, dynamic panel data models are estimated to assess the effects on exports and imports of various sectors and products (selected on the basis of their trading volume or strategic importance) of the...
Persistent link: https://www.econbiz.de/10013457807
The Russian invasion of Ukraine has caused disruptions in international trade and highlighted the dependency of small open economies in Europe on imports, especially of energy. These events may have changed Europeans' attitude towards globalization. We study two waves of representative...
Persistent link: https://www.econbiz.de/10013362395
European empires had two key economic aspects: the extraction of colonial wealth by colonizers, and the relevance of trade for the colonial economies. I build a simple model of decolonization that puts these two elements at centre stage. By controlling policy in the colony, the mother country...
Persistent link: https://www.econbiz.de/10009570582
Solar geoengineering has received increasing attention as an option to temporarily stabilize global temperatures. A key concern surrounding these technologies is that heterogeneous preferences over the optimal amount of cooling combined with low deployment costs may allow the country with the...
Persistent link: https://www.econbiz.de/10011884418
We investigate the effects of US-imposed trade sanctions on the global trade patterns of sanctioned countries by employing a gravity model that incorporates data spanning from 1980 to 2020 across 79 nations. The results reveal that both partial and complete US sanctions lead to significant...
Persistent link: https://www.econbiz.de/10014464169