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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/10012971036
Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross … trade-income relationship, and then investigates its consequences for economic growth. On the demand side, sluggish world …
Persistent link: https://www.econbiz.de/10012936149
commodities and differentiated products. This methodology is applied to six developing countries, one from each World Bank region …
Persistent link: https://www.econbiz.de/10012974830
This paper addresses the mechanisms by which trade openness affects growth volatility. Using a diverse set of export diversification indicators, it presents strong evidence pointing to an important role for export diversification in reducing the effect of trade openness on growth volatility. The...
Persistent link: https://www.econbiz.de/10012976666
equilibrium fictions. In the framework of this paper, technology, contacts with the outside world, and changes in power and wealth …
Persistent link: https://www.econbiz.de/10012976669
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses …
Persistent link: https://www.econbiz.de/10012937557
income. Moreover, the rate of change of trade costs is largely unfavorable to the developing world: trade costs are falling …
Persistent link: https://www.econbiz.de/10012974712
The authors develop a framework for studying trade in horizontally and vertically differentiated products. In their model, consumers with heterogeneous incomes and tastes purchase a homogeneous good and make a discrete choice of quality and variety of a differentiated product. The distribution...
Persistent link: https://www.econbiz.de/10012975700
, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple …
Persistent link: https://www.econbiz.de/10012975999
world differently. Using a combination of static and dynamic panel data analysis, we find that while increases in trade per …
Persistent link: https://www.econbiz.de/10012976486