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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
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
Persistent link: https://www.econbiz.de/10003598832
Using annual data for the period 1992 - 2012, this paper examines trade flows between China and its main trade partners … in China's trade patterns. The analysis is based on both economic indicators and the estimation of a gravity model, and … fixed effect vector decomposition (FEVD) technique. The findings confirm the significant change in China's trading structure …
Persistent link: https://www.econbiz.de/10010483599
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10009683383
China during 2020. We find that a country's own Covid-19 deaths and lockdowns significantly reduced its imports from China …-19 deaths in the main trading partners of a country (excluding China) induces more imports from China, partially … are evaluated at their 2020 mean is, on average, a reduction of nearly 10% in imports from China. There is also …
Persistent link: https://www.econbiz.de/10012533941
affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …
Persistent link: https://www.econbiz.de/10012234514
In recent decades, Southeast Asian economies have prospered through an outward-oriented strategy, through intra-regional integration under the Association of the Southeast Asian Nations (ASEAN) initiative and through participating in the East Asian production networks. In the 1970-80ś, South...
Persistent link: https://www.econbiz.de/10009540111