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examine the impact of the temporary collapse in trade between Britain and India due to World War I, on industrialisation and … anti-imperial feelings in India. Exploiting cross-district variation in exposure to the trade shock stemming from initial …
Persistent link: https://www.econbiz.de/10012257838
trade flows. We construct a new balanced sample of bilateral trade flows for 130 country pairs across the Americas, Asia …, Europe, and Oceania for the period from 1870 to 2000 and demonstrate an overriding role for declining trade costs in the pre …
Persistent link: https://www.econbiz.de/10003882603
Shipping goods internationally is risky and takes time. To allocate risk and to finance the time gap between production and sale, a range of payment contracts is utilized. I study the optimal choice between these payment contracts considering one shot transactions, repeated transactions and...
Persistent link: https://www.econbiz.de/10009011800
Increasing-returns-to-scale imperfect competition trade models predict a more than proportionate relationship between the larger country's share in world endowments and its share in producing firms: the so called home market effect (HME). While this result plays a key role in empirical testing,...
Persistent link: https://www.econbiz.de/10009489286
We review and interpret the main theoretical developments in the gravity literature from its very early, a-theoretical applications to the latest structural contributions. We also discuss challenges and implement methods to estimate empirical gravity equations. We finish with a presentation and...
Persistent link: https://www.econbiz.de/10011611143
We examine the effects of World Uncertainty and Geopolitical Risk on Trade flows for 31 European economies between 1995 and 2023. To do so, we resort to Panel estimation techniques, including OLS and Poisson Pseudo Maximum Likelihood (PPML). Our findings reveal that European nations primarily...
Persistent link: https://www.econbiz.de/10015077831
Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The …, the study evaluates the economy wide impact of the proposed CEPA between India and Japan at 2020. The study has used a … India and Japan in 2020 after tariff reduction compared to Business as Usual (BAU) scenario. A marginal export growth is …
Persistent link: https://www.econbiz.de/10010227205
toward rising middle class of Asia. To successfully implement the new initiative of "Make in India", India needs to be … Southeast Asia. In view of slowdown in growth and even recession in advanced economies as a result of the adverse impact of the … service networks will grow and contribute to the rapid growth in China, India, and Southeast Asian countries, especially from …
Persistent link: https://www.econbiz.de/10011387468
We propose a normative assessment of the value of international trade that is rooted in production theory and embeds Ricardo's 1817 formulation of the gains from trade into a multi-factor general equilibrium framework. Without imposing strong assumptions on consumer rationality or data from the...
Persistent link: https://www.econbiz.de/10009570570
Persistent link: https://www.econbiz.de/10003377300