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transactions take place. The authors find that globalization via the diversification channel expanded throughout the world during …Financial globalization has gathered attention since the early 1990s because of its macro-financial implications and … growing importance. But financial globalization has taken shape via different forms over time. This paper examines two …
Persistent link: https://www.econbiz.de/10012554536
The authors study the determinants of the growing migration of stock market activity to international financial centers. They use a sample of 77 countries and document that higher economic growth and more macroeconomic stability help stock market development. Countries with higher income per...
Persistent link: https://www.econbiz.de/10012559577
The authors determine how time delays affect international trade using newly collected World Bank data on the days it …
Persistent link: https://www.econbiz.de/10012553733
comprehensive database of PTAs in force and a detailed matrix of world trade. He shows that total trade between PTA partners is a … to one-third of global trade in 2000-02, the latter was between one-sixth and one-tenth of world trade. His gravity model …
Persistent link: https://www.econbiz.de/10012553858
sizes around the world. The case of pallets is examined to illustrate the impact of multiplicity of standards on trade costs …. We select this case because pallets are used all around the world, pallet standards are not too sophisticated, and data … because of the lack of rental and exchange pallet markets. To mitigate the costs of this multiplicity of standards, the World …
Persistent link: https://www.econbiz.de/10012553985
least resistance from World Trade Organization (WTO) member countries to include trade facilitation in the Doha Round … learned from cross-country experiences, the EU and the World Bank organized two workshops in Dhaka (South Asian countries) and …
Persistent link: https://www.econbiz.de/10012554161
playing field' would be ineffective and result in destructive conflicts in the World Trade Organization. Lack of progress at …
Persistent link: https://www.econbiz.de/10012557119
This paper compares the impact of distance, a standard proxy for trade costs, on eBay and offline international trade flows. It considers the same set of 62 countries and the same basket of goods for both types of transactions, and finds the effect of distance to be on average 65 percent smaller...
Persistent link: https://www.econbiz.de/10012557136
Services trade constitute roughly one-third of trade on a value added basis, and much of this is concentrated in margin services (transport, logistics) linked to trade in goods. However, producer services are also part of the value added contained in traded goods. This is especially true in high...
Persistent link: https://www.econbiz.de/10012559464
How to address the link between environmental regulation and trade was an important part of discussions at the World …
Persistent link: https://www.econbiz.de/10012559567