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FDI, trade integration and the border effect : evidence from the European Union
Martínez-San Román, Valeriano; Bengoa, Marta; … - 2014
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern - horizontal versus vertica l- within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture trade...
Persistent link: https://www.econbiz.de/10010371905
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Trade and the spatial distribution of transport infrastructure
Felbermayr, Gabriel; Tarasov, Alexander - 2015 - This version: November 2015
The distribution of transport infrastructure across space is the outcome of deliberate government planning that reflects a desire to unlock the welfare gains from regional economic integration. Yet, despite being one of the oldest government activities, the economic forces shaping the endogenous...
Persistent link: https://www.econbiz.de/10011392697
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Panel data gravity models of international trade
Baltagi, Badi H.; Egger, Peter; Pfaffermayr, Michael - 2014
One of the oldest and largest literatures in empirical economics is concerned with the estimation of demand and supply of goods, services, and factors across national or subnational borders (see Leamer and Levinsohn, 1995). The respective empirical models specified and estimated are often...
Persistent link: https://www.econbiz.de/10010237192
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Oil trade and climate policy : presented at CESifo Area Conference on Energy and Climate Economics, October 2014
Curuk, Malik; Sen, Suphi - 2015
counterproductive. This paper empirically confirms this prediction using data on crude oil exports from OPEC to OECD countries between … 2001-2010 in a gravity framework. It documents that oil exporters decrease prices and increase quantity of oil exports in … about 2.4; and (iii) exports of coal, which is in abundant supply, are not significantly affected by the changes in R …
Persistent link: https://www.econbiz.de/10010498602
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Subnational income growth and international border effects
Adam, Hanna L.; Larch, Mario; Stadelmann, David - 2021
This paper analyses the effect of international borders and of trade agreements at international borders on subnational (i.e. regional) growth. We construct an extensive panel dataset covering 1,350 regions in 86 countries worldwide between 1950 and 2017. Our results show that international...
Persistent link: https://www.econbiz.de/10012533891
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Institutions, trade and development : a quantitative analysis
Beverelli, Cosimo; Keck, Alexander; Larch, Mario; … - 2018
We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...
Persistent link: https://www.econbiz.de/10011800710
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Trade in times of uncertainty
Matzner, Anna Hilda; Meyer, Birgit; Oberhofer, Harald - 2023
This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 to 2018. Our results suggest that an increase in...
Persistent link: https://www.econbiz.de/10013550200
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The carbon footprint of global trade imbalances
Mahlkow, Hendrik; Wanner, Joschka - 2023
International trade is highly imbalanced both in terms of values and in terms of embodied carbon emissions. We show that the persistent current value trade imbalance patterns contribute to a higher level of global emissions compared to a world of balanced international trade. Specifically, we...
Persistent link: https://www.econbiz.de/10014414198
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Trade flows and trade specialisation : the case of China
Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2015
capital- and technology-intensive exports. …
Persistent link: https://www.econbiz.de/10010483599
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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 (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...
Persistent link: https://www.econbiz.de/10011450770