Showing 1 - 10 of 518
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade … that this trade-promoting effect of language is likely to reflect cultural ties, rather than lower costs of communication … local dialect between regions have a sizable and significant positive impact on intra-national trade. We interpret this …
Persistent link: https://www.econbiz.de/10009743772
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to … quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel … between 1.6 and 2.4 depending upon weighting. This provides an important contribution to the trade literature of Ricardian …
Persistent link: https://www.econbiz.de/10011568775
We re-visit the evidence about the trade benefits of European Monetary Union (EMU), focusing on the experience of … no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the …
Persistent link: https://www.econbiz.de/10011597238
This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …
Persistent link: https://www.econbiz.de/10012533891
experiment for examining the effect of political borders on trade both in the cross-section and over time. With the fall of the … to trade between East Germany and West Germany were eliminated completely within a very short period of time. The … evolution of intra-German trade flows after reunification then provides new insights for both the globalization and border …
Persistent link: https://www.econbiz.de/10003898827
. One of the key findings is that the eurozone countries in trade with Norway have substantially increased their share of …
Persistent link: https://www.econbiz.de/10003969238
the structural, non-(log-)linear impact of trade barriers on trade in new trade theory models. Structural new trade theory … models have never been used to evaluate and quantify the role of endogenous preferential trade agreement (PTA) membership for … trade in a way which is consistent with general equilibrium. Apart from this gap, the present paper aims at delivering an …
Persistent link: https://www.econbiz.de/10008732241
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...
Persistent link: https://www.econbiz.de/10009511759
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on … international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role … in computing general equilibrium trade-flow and welfare effects of trade-cost changes. This paper addresses theoretically …
Persistent link: https://www.econbiz.de/10011309578
Previous empirical research has assumed that goods trade responds to goods trade preferentialism only, while other … forms of preferentialism such as services trade or investment preferentialism are irrelevant for goods trade. This paper …: goods, services, and investment) at the intensive and extensive country margins of bilateral goods trade. preferentialism …
Persistent link: https://www.econbiz.de/10009734860