Showing 1 - 10 of 14
Asia remained the largest market for energy sources in 2018. The Russian Federation has a clear vision to develop its Asian energy projects in order to provide a greater share of Asian energy imports. This paper models Russian Federation-Asia and the Pacific energy trade patterns via the gravity...
Persistent link: https://www.econbiz.de/10012107812
East Asia remained the biggest market for liquefied natural gas (LNG) in 2018. The Russian Federation has a clear vision to develop its East Asia LNG projects to provide a bigger share of Asian LNG imports. This paper models Russian Federation - East Asia L NG trade patterns via the gravity...
Persistent link: https://www.econbiz.de/10012015045
We investigate the relationship between GDP per capita, trade costs, demand, and income inequality between 1996 and 2011. Specifically we apply the aggregate AIDS-based gravity model as developed in Fajgelbaum and Khandelwal (2016) to a panel of 40 countries to generate a new measure of market...
Persistent link: https://www.econbiz.de/10012941166
In our European Economic Review (2002) paper, we used pre-1998 data on countries participating in and leaving currency unions to estimate the effect of currency unions on trade using (then-) conventional gravity models. In this paper, we use a variety of empirical gravity models to estimate the...
Persistent link: https://www.econbiz.de/10013015976
We combine data on trade, production, and input use to document changes in the value added content of trade between 1970 and 2009. The ratio of value-added to gross exports fell by roughly 10 percentage points worldwide. The ratio declined 20 percentage points in manufacturing, but rose in...
Persistent link: https://www.econbiz.de/10012976994
We examine the evolution of market potential and its role in driving economic growth over the long twentieth century. Theoretically, we exploit a structural gravity model to derive a closed-form solution for a widely-used measure of market potential. We are thus able to express market potential...
Persistent link: https://www.econbiz.de/10012981102
We develop a multi-sector gravity model with heterogeneous workers to quantify the aggregate and group-level welfare effects of trade. We estimate the model using the structural relationship between China-shock driven changes in manufacturing employment and average earnings across US groups...
Persistent link: https://www.econbiz.de/10012948914
One of the most successful empirical relationships in international trade is the gravity equation, which relates bilateral trade flows between an origin and destination to bilateral trade frictions, origin characteristics, and destination characteristics. A key decision for researchers in...
Persistent link: https://www.econbiz.de/10012894434
This paper aims to confirm the impact of ICT on Indonesia's trade with ASEAN partner countries and the use of ICT on business activities (e-commerce). The analysis method used in this study is a quantitative analysis of static panel data with a gravity model approach. The study period covers the...
Persistent link: https://www.econbiz.de/10012510851
Under the pressure of the COVID-19 pandemic, many countries responded with various trade measures to prevent shortages of essential goods and ensure product quality and safety. COVID-19 trade measures were used to facilitate or restrict trade performance across countries, then increase or...
Persistent link: https://www.econbiz.de/10015196510