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Global Trade in Final Goods and Intermediate Inputs : Impact of FTAs and Reduced 'Border Effects'
Franco-Bedoya, Sebastian - 2020
International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of global value chains (GVCs). This paper studies how two factors contributed to this rise since 1970: (i) declining “border effects” that are arguably related to the ICT...
Persistent link: https://www.econbiz.de/10012833969
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Crisis Severity and the International Trade Network
Valentinyine Endresz, Marianna - 2017
In this paper we analyse the role of the international trade network for the strength of the global recession across countries. The novelty of our paper is the use of value-added trade data to capture the importance of trade network structure. We estimate with BMA techniques how far network...
Persistent link: https://www.econbiz.de/10012965544
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Growth, Real Exchange Rates and Trade Protectionism Since the Financial Crisis
Georgiadis, Georgios - 2013
Existing evidence suggests that protectionist activity since the financial crisis has been muted, raising the question whether the historically well-documented relationship between growth, real exchange rates and trade protectionism has broken down. This paper re-visits this relationship for the...
Persistent link: https://www.econbiz.de/10013072606
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Exports and Capacity Constraints -- A Smooth Transition Regression Model for Six Euro Area Countries
Belke, Ansgar Hubertus - 2015
This paper argues that, under certain conditions, firms consider export activity as a substitute of serving domestic … restrictions as additional variables of a properly specified export equation. As an innovation to the literature, we assess the …
Persistent link: https://www.econbiz.de/10013031989
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What Drives Export Market Shares? It Depends! An Empirical Analysis Using Bayesian Model Averaging
Osbat, Chiara - 2017
underlying export growth are receiving great attention, as countries struggle to grow out of the crisis by increasing exports and … investigate the drivers of export market shares of 25 EU countries, considering a wide range of traditional indicators along with … novel ones developed within the CompNet Competitiveness Research Network. We find that export market share growth is linked …
Persistent link: https://www.econbiz.de/10012950748
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Trade Integration of Central and Eastern European Countries : Lessons from a Gravity Model
Bussière, Matthieu; Fidrmuc, Jarko; Schnatz, Bernd - 2021
This paper analyses the rapid trade integration of the Central and Eastern European countries (CEEC's) with the euro area in the past ten years and draws implications for further integration. We use as benchmark an enhanced gravity model estimated for a large sample of bilateral trade flows...
Persistent link: https://www.econbiz.de/10013318195
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Fishing in the Same Pool? Export Strengths and Competitiveness of China and CESEE in the EU-15 Market
Silgoner, Maria Antoinette - 2013
export growth, export market shares, extensive and intensive margins and the dynamics in the number of joint trade links …. While this suggests that the CESEE countries pursue a suitable export strategy, diversification of production toward …
Persistent link: https://www.econbiz.de/10013081458
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Patterns in Invoicing Currency in Global Trade
Georgiadis, Georgios - 2020
This paper presents the most comprehensive and up-to-date panel data set of invoicing currencies in global trade. It provides data on the shares of exports and imports invoiced in US dollars, euros, and other currencies for more than 100 countries since 1990. The evidence from these data...
Persistent link: https://www.econbiz.de/10012825651
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Regional Economic Impact of COVID-19 : The Role of Sectoral Structure and Trade Linkages
Meinen, Philipp; Serafini, Roberta; Papagalli, Ottavia - 2021
The paper provides an ex-post analysis of the determinants of within-country regional heterogeneity of the labour market impact of COVID-19. By focussing on the first wave of the pandemic in the four largest euro area economies, it finds that the propagation of the economic impact across regions...
Persistent link: https://www.econbiz.de/10013243809
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Crowding-Out or Co-Existence? The Competitive Position of EU Members and China in Global Merchandise Trade
Benkovskis, Konstantins - 2014
In this paper, we analyse export competition between individual EU Member States and China in third-country goods … extensive margin export growth and on a Dynamic Trade Link Analysis. The latter, a newly developed tool, identifies different …
Persistent link: https://www.econbiz.de/10013062212