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Mideksa, Torben K. - 2021

This paper examines leadership in relation to supplying a global public good. Both the Kyoto Protocol and the Paris Agreement encourage the developed countries to take a lead in reducing emissions. Does a country benefit from taking a lead? When does leadership improve global welfare? The answer...

Persistent link: https://www.econbiz.de/10012509563

Exploring the intensive and extensive margins of world trade : presented at Venice Summer Institute, Workshop on Dissecting Globalization, July 2004

Felbermayr, Gabriel; Kohler, Wilhelm - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a "cornersolutions- version"of the gravity model to …

Persistent link: https://www.econbiz.de/10011450770

Quantifying the extensive margin(s) of trade : the case of uneven European integration

Anderson, James E.; Yotov, Yoto - 2022

We propose a short-run theory of the extensive margins of trade, comprising the standard international extensive margin and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific policy effects not properly identified in previous...

Persistent link: https://www.econbiz.de/10013285497

Confucius Institute, Belt and Road Initiative, and internationalization

Wang, Hao; Han, Yonghui; Fidrmuc, Jan; Wei, Dongming - Ludwig-Maximilians-Universität München / Center for …; … - 2020

In this paper, we study the role of Confucius Institute in supporting internationalization of Chinese enterprises. Employing a panel dataset containing 66 Belt-Road countries and 75 non Belt-Road countries from 2006 to 2017, we find that the Confucius Institute has had a positive effect on...

Persistent link: https://www.econbiz.de/10012258300

Distance, globalization, and international trade

Borchert, Ingo; Yotov, Yoto V. - 2016

For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization affects manufacturing trade over the period 1986-2006 and show that, on average, the effect of distance has fallen whereas the effects of proximity and regional trade agreements...

Persistent link: https://www.econbiz.de/10011586305

The evolution of offshore renminbi trading : 2016 to 2019

Cheung, Yin-Wong; Grimm, Louisa; Westermann, Frank - 2020

We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi trading during this period is different from the one between 2013 and 2016. The geographical diffusion process displayed in the 2016-2019 period, in addition to the previously...

Persistent link: https://www.econbiz.de/10012234514

Economic costs of friend-shoring

Javorcik, Beata K. Smarzynska; Kitzmüller, Lucas; … - 2023

Geo-political tensions and disruptions to global value chains have led policy makers to re-evaluate their approach to globalisation. Many countries are considering friend-shoring - trading primarily with countries sharing similar values - as a way of minimising exposure to weaponisation of trade...

Persistent link: https://www.econbiz.de/10014450552