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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
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The elasticity of trade : estimates and evidence
Simonovska, Ina; Waugh, Michael E. - 2011
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...
Persistent link: https://www.econbiz.de/10009010513
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Going deep : the trade and welfare effects of TTIP
Aichele, Rahel; Felbermayr, Gabriel J.; Heiland, Inga - 2014
rest of the world relative to the status quo. However, there is substantial heterogeneity across the 134 geographical …
Persistent link: https://www.econbiz.de/10010469287
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Trade openness and income inequality : new empirical evidence
Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2021
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012599018
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Transatlantic free trade : the view point of Germany
Felbermayr, Gabriel; Aichele, Rahel - 2014
America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have …
Persistent link: https://www.econbiz.de/10010469280
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Quantifying the extensive margin(s) of trade : the case of uneven European integration
Anderson, James E.; Yotov, Yoto - 2022
and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific … effects of globalization and European integration. We find strong positive effects of globalization and also significant but …
Persistent link: https://www.econbiz.de/10013285497
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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
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Global gains from trade liberalization
Fan, Haichao; Lai, Edwin L.-C.; Qi, Han - 2012 - This draft: March 31, 2012
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country …
Persistent link: https://www.econbiz.de/10009515732
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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 …
Persistent link: https://www.econbiz.de/10011586305
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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