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countries is large, while exports become more important if scale economies in production are large. This paper investigates … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different … dimensions of distance affect exports and FDI differently. There is clear evidence of a proximity-concentration trade-off in …
Persistent link: https://www.econbiz.de/10011378320
bilateral trade, depending on the legal system. Moreover our estimation results suggest that the causal relation runs p …
Persistent link: https://www.econbiz.de/10011334351
Persistent link: https://www.econbiz.de/10001884350
Persistent link: https://www.econbiz.de/10003073190
Formal trade barriers and transport costs explain only part of the resistance to international trade. Search costs on the international market and insecurity of property rights and contract enforcement have recently been emphasized as important intangible barriers to trade. This paper proposes...
Persistent link: https://www.econbiz.de/10011343291
During the last decades, the growth of trade between China and the Netherlands has been larger than the increase in bilateral trade flows between China and most other countries. Using a time series based gravity model, this paper investigates the main determinants of this increase. The empirical...
Persistent link: https://www.econbiz.de/10011374425
I develop an index for economic integration accounting for its gradual and bilateral nature: the Gradual And Bilateral Integration (GABI) index. The graduality captures differences in the depth and path of five stages in economic integration and is an improvement over the use of binary dummy...
Persistent link: https://www.econbiz.de/10011699523
Persistent link: https://www.econbiz.de/10003851203
According to economic theory, imbalances in trade flows affect transport prices because (some) carriers have to return without cargo from the low demand region to the high demand region. Therefore, transport prices in the high demand direction have to exceed those in the low demand direction....
Persistent link: https://www.econbiz.de/10011377091
This paper studies the importance of intangible barriers to trade in explaining variation in disaggregate international trade. The analysis is based on a sample of 55 countries for the year 2000. We explicitly focus on the importance of institutional and cultural dimensions of distance. Our...
Persistent link: https://www.econbiz.de/10011377611