Similar Search Results

Gravity redux: measuring international trade costs with panel data

Novy, Dennis - London School of Economics (LSE) - 2013

Barriers to international trade are known to be large but because of data limitations it is hard to measure them directly for a large number of countries over many years. To address this problem, I derive a micro-founded measure of bilateral trade costs that indirectly infers trade frictions...

Persistent link: https://www.econbiz.de/10011126479

Is the international border effect larger than the domestic border effect?: evidence from US trade

Coughlin, Cletus C.; Novy, Dennis - London School of Economics (LSE) - 2013

Many studies have found that international borders represent large barriers to trade. But how do international borders compare to domestic border barriers? We investigate international and domestic border barriers in a unified framework. We consider a data set of exports from individual US...

Persistent link: https://www.econbiz.de/10011126481

International trade integration: a disaggregated approach

Chen, Natalie; Novy, Dennis - London School of Economics (LSE) - 2009

This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance. This trade integration measure is consistent with a...

Persistent link: https://www.econbiz.de/10010745337

International trade without CES: estimating translog gravity

Novy, Dennis - London School of Economics (LSE) - 2013

This paper derives a micro-founded gravity equation based on a translog demand system that allows for flexible … substitution patterns across goods. In contrast to the standard CES-based gravity equation, translog gravity generates an … trade flows predicted to be zero. I test the translog gravity equation and find empirical evidence that is in many ways …

Persistent link: https://www.econbiz.de/10011126685

Sequential exporting

Albornoz, Facundo; Calvo-Pardo, Héctor; Corcos, Gregory; … - London School of Economics (LSE) - 2010

Firms need to incur substantial sunk costs to break in foreign markets, yet many give up exporting shortly after their first experience, which typically involves very small sales. Conversely, other new exporters shoot up their foreign sales and expand to new destinations. We investigate a simple...

Persistent link: https://www.econbiz.de/10011071232

Trust-based trade

Araujo, Luis; Ornelas, Emanuel - London School of Economics (LSE) - 2007

Weak enforcement of international contracts can substantially reduce international trade. We develop a model where agents build reputations to overcome the difficulties that this institutional failure causes in a context of incomplete information. The model describes the interplay between...

Persistent link: https://www.econbiz.de/10010745456

On the detrimental impact of visa restrictions on bilateral trade and foreign direct investment

Neumayer, Eric - London School of Economics (LSE) - 2011

, which is detrimental to trade and FDI. Employing a standard gravity-type model in a global dyadic country sample, I estimate …

Persistent link: https://www.econbiz.de/10010744803

Unrealistic optimism: still a neglected trait

Coelho, Marta - London School of Economics (LSE) - 2010

Purpose: Unrealistic optimism is all around us, and it is a well-documented psychological phenomenon. The purpose of this study is to take a critical approach of the main research done in the area and to analyze the important impact that it has in many economic and managerial contexts. We also...

Persistent link: https://www.econbiz.de/10011128050

Transatlantic Trade and Investment Partnership: international trade law, health systems and public health

Khan, Usman; Pallot, Robert; Taylor, David; Kanavos, Panos - London School of Economics (LSE) - 2015

The London School of Economics and Political Science study Free trade agreements (FTAs) have the declared aim of seeking to increase global trade and promote economic growth. Historically, economic growth has led to improved population health. Yet this link is now weakening, and attention is...

Persistent link: https://www.econbiz.de/10011168448

Deals and dealings: inconclusive peace and treacherous trade along the South Sudan-Uganda border

Schomerus, Mareike; Titeca, Kristof - London School of Economics (LSE) - 2012

Since Sudan's Comprehensive Peace Agreement (CPA) was signed, its border with Uganda has become a hub of activity. Contrasting developments on the Ugandan side of the border with those on the South Sudanese side, the paper draws on empirical fieldwork to argue that the CPA has created new...

Persistent link: https://www.econbiz.de/10011125914