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Openness, Country Size and the Government

Alesina, Alberto - 1997

This paper shows that smaller countries have larger public sectors as a share of GDP, and are also more open to trade. These empirical observations are consistent with recent theoretical models explaining country formation and break up

Persistent link: https://www.econbiz.de/10012472793

Economic Geography and Reginal Production Structure : An Empirical Investigation

Davis, Donald R. - 1997

There are two principal theories of why countries or regions trade: comparative advantage and increasing returns to scale. Yet there is virtually no empirical work that assesses the relative importance of these two theories in accounting for production structure and trade. We use a framework...

Persistent link: https://www.econbiz.de/10012472721

Trade and Geography

Redding, Stephen J. - 2020

This paper reviews recent research on geography and trade. One of the key empirical findings over the last decade has been the role of geography in shaping the distributional consequences of trade. One of the major theoretical advances has been the development of quantitative spatial models that...

Persistent link: https://www.econbiz.de/10012481124

Goods Trade and International Equity Portfolios

Collard, Fabrice - 2007

We show that international trade in goods is the main determinant of international equity portfolios and offers a compelling -- theoretically and empirically -- resolution of the portfolio home bias puzzle. The model implies that investors can achieve full international risk diversification if...

Persistent link: https://www.econbiz.de/10012465027

National Borders, Conflict and Peace

Spolaore, Enrico - 2009

This paper reviews the economics approach to conflict and national borders. The paper provides a summary of ideas and concepts from the economics literature on the size of nations; illustrates them within an analytical framework where populations engage in conflict over borders and resources,...

Persistent link: https://www.econbiz.de/10012463089

Size Really Doesn't Matter : In Search of a National Scale Effect

Rose, Andrew K. - 2006

I search for a "scale" effect in countries. I use a panel data set that includes 200 countries over forty years and link the population of a country to a host of economic and social phenomena. Using both graphical and statistical techniques, I search for an impact of size on the level of income,...

Persistent link: https://www.econbiz.de/10012466477

Zeros, Quality and Space : Trade Theory and Trade Evidence

Baldwin, Richard - 2007

Bilateral, product-level data exhibit a number of strong patterns that can be used to evaluate international trade theories, notably the spatial incidence of "export zeros" (correlated with distance and importer size), and of export unit values (positively related to distance). We show that...

Persistent link: https://www.econbiz.de/10012465440

The Gravity Equation in International Trade : An Explanation

Chaney, Thomas - 2013

The gravity equation in international trade is one of the most robust empirical finding in economics: bilateral trade between two countries is proportional to size, measured by GDP, and inversely proportional to the geographic distance between them. While the role of size is well understood, the...

Persistent link: https://www.econbiz.de/10012459376

From Groundnuts to Globalization : A Structural Estimate of Trade and Growth

Broda, Christian - 2006

channels. First, trade raises productivity levels because producers gain access to new imported varieties. Second, increases in … that aggregates these micro gains to obtain an estimate of trade on productivity growth for each country. We find that in … the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …

Persistent link: https://www.econbiz.de/10012466154

Knife Edge of Plateau : When Do Market Models Tip?

Ellison, Glenn - 2003

This paper studies whether agents must agglomerate at a single location in a class of models of two-sided interaction. In these models there is an increasing returns effect that favors agglomeration, but also a crowding or market-impact effect that makes agents prefer to be in a market with...

Persistent link: https://www.econbiz.de/10012469174

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