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This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back to Hans Linneman (1966) and Tinbergen (1962) and its recent applications, particularly by Adams et...
Persistent link: https://www.econbiz.de/10011807638
endogeneity of FTAs using instrumental-variable (IV) techniques, control-function (CF) techniques, and panel-data techniques; IV … and CF approaches do not adjust for endogeneity well, but a panel-data approach does. Accounting econometrically for the …
Persistent link: https://www.econbiz.de/10010397684
Financial stability is an important policy objective since crises are associated with big economic, social, and political costs. Promoting stability requires preventing 'sudden stops' in capital flows, which are events in which foreign financing abruptly disappears. This paper contributes to the...
Persistent link: https://www.econbiz.de/10010397715
Persistent link: https://www.econbiz.de/10011807561
The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and extended by Thirlwall and Hussain (1982) is tested over...
Persistent link: https://www.econbiz.de/10010288100
theoretical and empirical research. Turkey, given its economic and demographic dynamics, provides rich evidence for a growing …, heterogeneous and multifaceted informal labor market. However, the existing evidence on labor informality in Turkey is mixed and … Living Conditions Survey (SILC) panel data set to compute the transition probabilities of individuals moving across the labor …
Persistent link: https://www.econbiz.de/10010500199
This paper takes departure in the unique position taken by Swedish policymakers recently in giving explicit emphasis to migration as a tool for increasing trade. We attempt to put this position to empirical scrutiny. Our results demonstrate that migrants spur exports, especially along the...
Persistent link: https://www.econbiz.de/10012654398
In this paper I investigate the impact of a decrease in trade costs on firms' decisions to export. The main contribution of this paper is to evaluate empirically the theoretical predictions of several models of multi-product exporters. The focus is on the firm export entry decision and the...
Persistent link: https://www.econbiz.de/10013208715
(possibly two-part) Poisson pseudo-maximum likelihood estimation with endogenous binary indicator variables in the empirical …
Persistent link: https://www.econbiz.de/10010315584
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure …
Persistent link: https://www.econbiz.de/10010294570