Showing 1 - 10 of 157
This study examines the home bias in trade in goods and services within the European Union. Using the newest release of … trade-reducing effect of borders is found to be sizeable. It is greater for trade in services than for goods, though the …
Persistent link: https://www.econbiz.de/10011667192
rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions … therefore provides an assessment of China’s “natural” place in the world economy based on a new set of trade integration … indicators. These indicators are used as a benchmark in order to examine whether China’s share in international trade is …
Persistent link: https://www.econbiz.de/10011604739
This paper assesses the Euro’s influence upon European trade by estimating two different indicators. The first is the … with its trade partners. This study of the Euro’s influence by means of the Border Effect is a novelty in the literature …, it reveals that the Euro’s influence upon trade is not so clear as papers focused only on the Rose Effect claim. This …
Persistent link: https://www.econbiz.de/10011604987
Rising trade tensions, a spate of trade-inhibiting policy measures and a weakening of multilateral institutions have … sparked a growing concern about the potential implications of global trade fragmentation. Yet, empirical evidence that … geopolitical considerations are already materially affecting trade flows is scant. In this study, we quantify the impact of …
Persistent link: https://www.econbiz.de/10015199461
We show that traditional gravity variables play a significant role in explaining trade flows related to global value … relevant for trade that reflects cross-border production sharing. Applying an augmented gravity model framework to a newly …-constructed dataset we find a positive association between bilateral FDI stock and both gross bilateral trade and the bilateral import …
Persistent link: https://www.econbiz.de/10011804375
The European Single Market created a common market for millions of Europeans. However, thirty years after its introduction, it appears that the benefits of the common European project are occasionally being questioned at least by some parts of the population. Others, by contrast, strive for...
Persistent link: https://www.econbiz.de/10012422054
International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of … effects" that are arguably related to the ICT revolution that started around 1985, and (ii) the implementation of Free Trade … capture the emergence of GVCs by disentangling domestic and international trade in final goods and intermediate inputs …
Persistent link: https://www.econbiz.de/10012422072
The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in …
Persistent link: https://www.econbiz.de/10011604295
The aim of the paper is to analyse the factors behind the rapid trade integration of the Central and Eastern European … enhanced gravity model estimated with a large sample of bilateral trade flows across 61 countries since 1980. We show that a …-of-sample” approach. The results suggest that trade integration between most of the largest Central and Eastern European countries and the …
Persistent link: https://www.econbiz.de/10011604591
Although many papers have already proposed empirical models of currency crises, the timing of such crises has received relatively little attention so far. Most papers use indeed a static specification and impose the same lag structure across all explanatory variables. This, by construction,...
Persistent link: https://www.econbiz.de/10011604759