This paper examines the relationship between fixed exchange rate arrangements and trade using a gravity model of … international trade together with bilateral trade data from 24 countries from the Caribbean and Latin America for the period 1960 …-2001. The analysis indicates that a credible fixed peg has a positive impact on the value of bilateral trade. Moreover, the …

presents several conventional techniques for assessing competitiveness, namely the real exchange rate and recent trade … many post-conflict situations. The real exchange measure and trade measures suggest some mild erosion of competitiveness in …

This paper investigates empirically the relevance of external, domestic, and financial weaknesses as well as trade and …

This paper estimates a gravity model to address the issue of whether intra-Arab trade is too little. Although gravity … models have been extensively used to measure bilateral trade among countries, they have—to the best of our knowledge …—never been used to measure intra-Arab trade. Our results suggest that intra-Arab trade and Arab trade with the rest of the world …

This paper examines the effects of trade costs on macroeconomic volatility. We first construct a dynamic, two … variability of the trade balance should increase. Trade costs have ambiguous effects on the volatility of other macro variables …-country general equilibrium model, where the degree of market integration depends directly on trade costs (transport costs, tariffs …

-industry trade (IIT). It is assumed that more IIT implies a smaller elasticity of substitution among differentiated products and vice … effectiveness of exchange rates in addressing trade imbalances will diminish as the extent of IIT increases. …

and intranational data to evaluate the linkages between trade in goods, trade in financial assets, specialization and … important, as both trade and financial openness have a direct and an indirect effect on cycle synchronization. (ii) A variety of … reflection of intra-industry trade, and of openness to goods and assets trade. (iv) The estimated role of trade is in line with …

This paper provides econometric estimates of trade elasticities for Brazil obtained through cointegration and vector … auto regression models and controlling for the effects of exchange rate volatility, capacity utilization, and changes in … responsiveness of Brazil's trade flows to the real exchange rate, but (ii) the GDP growth rates targeted by the new government may …

to their growth outlooks. For emerging markets, this financial channel trumps the trade channel. For a broader set of … developing countries, however, the trade channel seems to have mattered, with countries exporting more advanced manufacturing …