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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
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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
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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
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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
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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
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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
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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
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A general framework for analysing endogenous trade divergences
Walsh, Patrick - London School of Economics (LSE) - 1991
This paper gives a general framework for analysing a trade divergence that runs across both the New International trade theory and the traditional analysis of export policy. The source of the trade divergence, the motive for intervention and the analytical framework is shown to be the same in...
Persistent link: https://www.econbiz.de/10010884498
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New media competition and access: the scarcity-abundance dialectic
Mansell, Robin - London School of Economics (LSE) - 1999
It is often argued that constraints on access to new information and communication environments will disappear as services decline in price and as customers and producers engage in new market relationships. Following this line of argument, the relative scarcity of communication and information...
Persistent link: https://www.econbiz.de/10010884499
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In search of value-for-money in collective bargaining: an analytic-interactive mediation process
Schilling, Martin S.; Mulford, Matthew - London School of Economics (LSE) - 2007
In this paper we introduce an analytic-interactive mediation approach to facilitate conflict resolution in collective bargaining. Based on field observations of labor-management negotiations in the German railway industry, we develop an approach which combines human mediation with IT-based...
Persistent link: https://www.econbiz.de/10010884564