Showing 1 - 10 of 11
. Service trade, however, like goods trade, is subject to strong distance effects, implying that the remote supply of services … remains limited. We investigate this proposition by deriving a gravity-like equation for service trade and estimating it for a … large sample of countries and different categories of service trade. We find that distance costs are high but are declining …
Persistent link: https://www.econbiz.de/10010929063
. Service trade, however, like goods trade, is subject to strong distance effects, implying that the remote supply of services … remains limited. We investigate this proposition by deriving a gravity-like equation for service trade and estimating it for a … large sample of countries and different categories of service trade. We find that distance costs are high but are declining …
Persistent link: https://www.econbiz.de/10010756918
. Service trade, however, like goods trade, is subject to strong distance effects, implying that the remote supply of services … remains limited. We investigate this proposition by deriving a gravity-like equation for service trade and estimating it for a … large sample of countries and different categories of service trade. We find that distance costs are high but are declining …
Persistent link: https://www.econbiz.de/10005666777
We analyze the interaction of economic and political determinants of free trade agreements (FTA). In addition to … standard trade gains, FTAs can promote peaceful relations by offering a political forum and by increasing the opportunity cost … of conflicts that disrupt trade. If policy makers believe in such pacifying effects of FTAs, country-pairs with large …
Persistent link: https://www.econbiz.de/10008468625
This paper analyzes empirically the relationship between civil wars and international trade. We first show that trade … presence of two effects that trade can have on the risk of civil conflicts: it may act as a deterrent if trade gains are put at … risk during civil wars but it may also act as an insurance if international trade provides a substitute to internal trade …
Persistent link: https://www.econbiz.de/10005124456
Investigations of the effect of quality differences on heterogeneous performance in exporting have been limited by lack of direct measures of quality. We examine exports of French wine, matching the exporting firms to producer ratings from two wine guides. We show that high quality producers...
Persistent link: https://www.econbiz.de/10005012493
The majority of independent nations today were part of empires in 1945. Using bilateral trade data from 1948 to 2006 …, we examine the effect of independence on post-colonial trade. On average, there is little short run effect of trade with … the colonizer (metropole). However, after three decades trade declines more than 60%. We also find that trade between …
Persistent link: https://www.econbiz.de/10005497770
This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition … that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and … probability of escalation is indeed lower for countries that trade more bilaterally because of the opportunity cost associated …
Persistent link: https://www.econbiz.de/10005504509
shows that borders and distance impede trade by much more than tariffs or transports costs can explain. We therefore …
Persistent link: https://www.econbiz.de/10011145400
Quantifications of gains from trade in heterogeneous firm models assume that productivity is Pareto distributed … better fit to sales distributions—especially in the left tail. The cost of log-normal is that gains from trade depend on the … firm sales in a given market, the log-normal assumption delivers gains from trade in a symmetric two country model that can …
Persistent link: https://www.econbiz.de/10011083251