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Patterns of Intra- and Inter-State Trade

Wolf, Holger C. - 2021

Recent studies suggest that intranational trade is "excessive' compared to international trade. An intuitive explanation for this home bias is provided by national trade barriers. A dataset of trade between US states, however, reveals that home bias extends to subnational units. The data suggest...

Persistent link: https://www.econbiz.de/10013237256

Trade Blocs and Trade Wars During the Interwar Period

Jacks, David S. - 2019

What precisely were the causes and consequences of the trade wars in the 1930s? Were there perhaps deeper forces at work in reorienting global trade prior to the outbreak of World War II? And what lessons may this particular historical episode provide for the present day? To answer these...

Persistent link: https://www.econbiz.de/10012870722

Contagion and Trade : Why are Currency Crises Regional?

Glick, Reuven; Rose, Andrew Kenan - 2021

Currency crises tend to be regional; they affect countries in geographic proximity. This suggests that patterns of international trade are important in understanding how currency crises spread, above and beyond any macroeconomic phenomena. We provide empirical support for this hypothesis. Using...

Persistent link: https://www.econbiz.de/10013248404

The Role of History in Bilateral Trade Flows

Eichengreen, Barry; Irwin, Douglas A. - 2021

This paper investigates the theory and evidence that history plays a role in shaping the direction of international trade. Because there are reasons to anticipate a positive correlation between the predominant direction of trade flows in the past and membership in preferential arrangements in...

Persistent link: https://www.econbiz.de/10013212584

The Purpose of Trade Agreements

Grossman, Gene M. - 2016

This paper reviews the literature on governments' motivations for negotiating and joining international trade agreements. I discuss both normative explanations for trade agreements and explanations based on political-economy concerns. Most of the paper focuses on the purpose of multilateral...

Persistent link: https://www.econbiz.de/10012996887

Geography, Policy, or Productivity? Regional Trade in Five South American Countries, 1910-1950

Badia-Miro, Marc - 2015

Regional trade in South America since independence has long been much smaller than would be expected if geography were the only constraint on trade. Several potential explanations exist: low technological and demand complementarities; low productivity; high natural and policy barriers to trade....

Persistent link: https://www.econbiz.de/10013031211

Measuring Changes in the Bilateral Technology Gaps between China, India and the U.S. 1979 - 2008

Shen, Keting - 2015

's technology gaps both with the U.S. and India between 1979 and 2008, comparing the technology level of these economies using a CES … India and the U.S. for the period before 2008. The pairwise gaps between the U.S. and China, and the U.S. and India remain … productivity than India over the period, the bilateral technology gap between China and India is still in India's favor. India had …

Persistent link: https://www.econbiz.de/10013013187