Do better trade logistics reduce trade costs, raising a country´s exports? Yes, but the magnitude of the effectdepends on country size. Applying a new gravity model to a comprehensive logistics index, we …nd that anaverage-sized country would raise exports by about 46% after a one-standard...

The information and communications revolution has hastened the process of globalizationin today's world of business. Consequently, businesses, even small and mid-sized companies,are confronted with cultural diversity when these companies become internationally active.Yet only few businesses are...

Most empirical policy work requires the aggregation of policies. Trade policyaggregation exemplifies the aggregation problem poignantly, with thousands of highlydispersed trade barriers. This paper provides methods of policy aggregation that areconsistent with two common objectives of empirical...

The main objective of the following article is to present the key findings of the existent research in thefield of the influence the introduction of the euro had on the trade of the member states of the Economicand Monetary Union (EMU). The intention of this article is also to inspire further...

We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selectioninto trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting…firms takes a gravity form: the extensive margin is also accected by...

A huge body of empirical and theoretical literature has emerged on the relationship between foreign exchange (FX) uncertainty and international trade. Empirical findings about the impact of FX uncertainty on trade figures are at best weak and often ambiguous with respect to its direction. Almost...

This paper presents a framework for analysing the effects of economicdevelopment in Eastern Europe on Austria's regions. Therefore we concentrate on the effects of enhanced East-West trade, which results from the economic development in the transition countries.

This paper analyses to what extent working conditions in foreign-owned firms differ fromthose in their domestic counterparts. It makes three main contributions. First, we replicate theconsensus in the empirical literature by applying a standardised methodology to firm-leveldata for three...

Financial constraints have been found to play an important role on various aspects of firmbehavior. Yet, their effects on firm survival have been largely neglected. We use a panel of9420 newly established UK firms over the period 1997-2002 to study the effects offinancial variables on firms´...

A recent survey of 54 micro-econometric studies reveals that exporting firms are moreproductive than non-exporters. On the other hand, previous empirical studies show thatexporting does not necessarily improve productivity. One possible reason for this result isthat most previous studies are...