BACI draws on United Nations COMTRADE data and covers more than 200 countries and 5,000 products, between 1994 and 2004. Imports and exports flows are reported annually by 130 countries to United Nations in values and quantities. When both exporting and importing countries report, we have two...

TradeProd, the CEPII trade, production and bilateral protection database, provides an updated version of the worldwide data used in Mayer and Zignago (2005), and available on CEPII's website. The database contains three groups of information covering 28 industrial sectors in the ISIC...

We discuss thje role of the dispute settlement mechanism (DSM) of the World Trade Organization (WTO) in the context of a complex characterization of globalization.The dispute settlement mechanism (DSM) of the World Trade Organization (WTO) is at present a controversial exercise at the...

Today, more than 50 years after the Rome Treaty, the EU has made great strides in its’ economic integration and liberalization of movement of goods and people. International trade theory predicts deepening economic integration inside the European Union will increase regional trade and have...

In the 90’s, the Mercosur countries experienced a strong growth of trade and foreign direct investment (FDI). To examine the relationship between FDI, trade and regional integration in the Mercosur, we tested different disaggregated gravity equations on trade and FDI flows between two Mercosur...

The share of BRICS countries in the world trade is significantly rising for more than a decade and it was approximately 3 % in 1980, 6 % in 2000 and 16 % in 2013 in the total world imports. The same rising pattern of BRICS is also being seen in Turkey’s trade since early 2000s. In this study,...

This article studies the trade relations between Italy and Germany in the thirties. Power asymmetry is underlined and the different aspects of the international clearing between the two countries are clarified with new archive material. Both the dependency of Italy from German coal and the need...

This paper shows that the Armington elasticity, which refers to both the elasticity of substitution across goods and the price elasticity of demand under the assumption of a large number of varieties, systematically changes from one importer country to another in an international trade context....

As traditional barriers to trade have fallen, the impact of domestic regulations on international trade and investment has become more apparent than ever before. While regulations aim at improving the functioning of market economies in a range of fields, such as market competition, business...

In this paper the results of linear and nonlinear causality examination performed for openness of Polish economy and its economic growth are presented. In order to extract the impact of world crisis on Polish economy we decided to apply two samples (containing quarterly data) – the full sample...