Bilateral trade balances often play an important role in the international trade policy debate. Academic economists understand that they are misleading indicators of competitiveness and of the gains from trade. However, they also recognize their political relevance, calling for accurate...

Bilateral trade balances often play an important role inthe international trade policy debate. Disturbingly, several studies argue that the gravity model of trade fails when confronted with bilateral trade balances data, dubbing this "The Mystery of the Excess Trade Balances". Capitalizing on...

Bilateral trade balances often play an important role in the international trade policy debate. Academic economists understand that they are misleading indicators of competitiveness and of the gains from trade. However, they also recognize their political relevance, calling for accurate...

Die deutsche Exportwirtschaft ist seit Jahrzehnten eine wichtige Säule für die gesamtwirtschaftliche Entwicklung der Bundesrepublik. Entscheidend für den Erfolg deutscher Unternehmen bei der Erschließung internationaler Märkte ist neben der Innovationskraft der Firmen ebenso die...

Die deutsche Exportwirtschaft ist seit Jahrzehnten eine wichtige Säule für die gesamtwirtschaftliche Entwicklung der Bundesrepublik. Entscheidend für den Erfolg deutscher Unternehmen bei der Erschließung internationaler Märkte ist neben der Innovationskraft der Firmen ebenso die...

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...