This working paper presents a set of indicators to measure regional trade integration, with a special focus on the case of the European Union. We propose measures of openness, connectedness and integration which are tuned to evaluate not only how these components contribute to the advance of...

Over the last two decades, the degree of international financial integration has increased substantially, becoming an important area of research for many financial economists. This working paper explores the determinants of the asymmetries in the international integration of banking systems. We...

This article features a set of indicators designed to measure international economic integration and globalization. We analyze the degree of openness and the respective networks of connections-both direct and indirect-for each economy in our sample. Our indicators are based on network analysis...

The aim of this article is to develop new international financial integration indicators together with their determinants: financial openness and regularity (balance) of bilateral financial flows. The study s contribution is based on the definition of the Standard of Perfect Financial...

One of the best-established empirical results in international economics is that bilateral trade decreases with distance, despite the reductions in the costs of trade brought about by globalization. This working paper proposes an explanation to this apparent contradiction (labeled as the...

How has the process of international economic integration advanced over the last four decades? What will the foreseeable future look like? This working paper attempts to answer this sort of question by considering some methods which have scarcely been used in the literature on globalization....

This working paper analyzes the role played by two dimensions of entrepreneurs’ private social capital in the performance of an entrepreneurial venture: local size and degree of preferential linking. To fulfill this objective, we build a bi-dimensional measure of social capital based on...