Showing 1 - 10 of 1,971
A view receiving increased support is that the height of trade costs in prime export sectors has a strong effect on current account balances: countries specializing in sectors that face relatively high trade costs, such as services, tend to run current account deficits, and similarly, countries...
Persistent link: https://www.econbiz.de/10012001519
The failure of declining trade-related costs to be reflected in estimates of the standard gravity model of bilateral trade might be called the ""missing globalization puzzle."" This puzzle is most apparent in the estimated distance coefficients found in the literature, which show no evidence of...
Persistent link: https://www.econbiz.de/10014401460
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...
Persistent link: https://www.econbiz.de/10014404027
basis of cross-section and panel regressions for 1995-2002, we find that Russian exports to WTO members have fallen short of …
Persistent link: https://www.econbiz.de/10014404162
episodes from 1970-2009, we find that there is a sharp decline in a country’s imports in the year following a crisis-19 percent …, on average-and this decline is persistent, with imports recovering to their gravity-predicted levels only after 10 years …. In contrast, exports of the crisis country are not adversely affected, and they remain close to the predicted level in …
Persistent link: https://www.econbiz.de/10014403222
Persistent link: https://www.econbiz.de/10009486257
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity...
Persistent link: https://www.econbiz.de/10009622526
This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel data for 22 industrial countries, the analysis estimates the effect of the euro''s arrival on area-wide trade compared to bilateral trade flows between other industrial...
Persistent link: https://www.econbiz.de/10014404163
This paper analyzes the impact of political instability in Côte d’Ivoire on WAEMU trade over 1990-2007, applying panel econometric techniques to a gravity model of trade within WAEMU and between WAEMU and the rest of the world. The paper finds that intra-regional trade represents a small...
Persistent link: https://www.econbiz.de/10014401112
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity...
Persistent link: https://www.econbiz.de/10014395707