Narrow search
Showing 1 - 10 of 69
Cover Image
ESTIMATION ISSUES IN SINGLE COMMODITY GRAVITY TRADE MODELS
Prehn, Soren; Brummer, Bernhard - 2011
Recently gravity trade models are applied to disaggregated trade data. Here many zeros arecharacteristic. In the presence of excess zeros usual Poisson Pseudo Maximum Likelihood(PPML) is still consistent, the variance covariance matrix however is invalid. Correcteconomic interpretation however...
Persistent link: https://www.econbiz.de/10009446184
Cover Image
Informal barriers, agricultural trade, and the Euro Area
Cheptea, Angela; Huchet-Bourdon, Marilyne - 2007
PAPER REMOVED AT THE REQUEST OF THE AUTHOR - 10/18/07.
Persistent link: https://www.econbiz.de/10009445142
Cover Image
Fiscal policy under alternative exchange rate regimes : on the specification of money demand in new open economy macroeconomics
Steffen, Dirk - 2005
The transmission of monetary and fiscal policies in an international context is one of the most prominent topics in the realm of international finance. In particular, researchers are interested in the effects of the respective policy on exchange rate movements, international price level...
Persistent link: https://www.econbiz.de/10009475313
Cover Image
Monetary and Fiscal Policies in Currency Board Systems and Monetary Unions
Grimm, Oliver - 2007
In der vorliegenden Arbeit beschäftige ich mich mit der theoretischen Analyse von Geld- und Fiskalpolitik in Currency-Board-Systemen und der Währungsunion. Beide Währungssysteme haben seit den neunziger Jahren zunehmend an Bedeutung gewonnen, Currency Boards durch die Rückgewinnung der...
Persistent link: https://www.econbiz.de/10009476166
Cover Image
Auswirkungen der internationalen Migration auf die Bundesrepublik Deutschland. Theoretische und empirische Analysen vor dem Hintergrund der EU-Osterweiterung
Pflugbeil, Stephan Dirk - 2005
Die vorliegende Arbeit untersucht wissenschaftlich anhand eines theoretischen Modells, wie sich internationale Migration auf die Volkwirtschaft des Aufnahmelandes auswirkt – nicht nur im Rahmen der EU-Osterweiterung. Kapitel eins enthält neben einer Hinführung zum Thema einen allgemeinen...
Persistent link: https://www.econbiz.de/10009450197
Cover Image
What Gravity Models Can Tell Us about the Position of German FDI in Central and Eastern Europe
Borrmann, Christine; Jungnickel, Rolf; Keller, Dietmar - 2005
The tradition of gravity models is in the analysis of trade flows with market size and geographic or economic distance as core variables. Both these variables can be important determinants of FDI, too. However, when such models are used to explain FDI, there can be differences in the mode of...
Persistent link: https://www.econbiz.de/10009442320
Cover Image
Estimation Issues in Single Commodity Gravity Trade Models
Prehn, Soren; Brummer, Bernhard - 2011
Recently gravity trade models are applied to disaggregated trade data. Here manyzeros are characteristic. In the presence of excess zeros usual Poisson Pseudo MaximumLikelihood (PPML) is still consistent, the variance covariance matrix howeveris invalid. Correct economic interpretation however...
Persistent link: https://www.econbiz.de/10009442838
Cover Image
Effects of Regional Trade Agreements on Trade in Agrifood Products: Evidence from Gravity Modeling Using Disaggregated Data
Sarker, Rakhal; Jayasinghe, Sampath - 2004
intraregional trade is growing within NAFTA and that NAFTA has displaced trade with the rest of the world. NAFTA has served to boost … trade significantly among its members rather than with the rest of the world. Countries participating in NAFTA have moved … toward a lower degree of relative openness in agrifood trade with the rest of the world. …
Persistent link: https://www.econbiz.de/10009443054
Cover Image
NOMINAL EXCHANGE RATE MISALIGNMENT: IS IT PARTICULARLY IMPORTANT TO AGRICULTURAL TRADE?
Cho, Guedae; Kim, Minkyoung; Sun, Edwin; Jin, Hyun Joung; … - 2003
This paper examines whether exchange rate misalignment negatively affects agricultural trade, compared to other industry sectors. Nominal exchange rate misalignment is obtained from the percentage deviation of real exchange rates from their long-run equilibrium based on the theory of purchasing...
Persistent link: https://www.econbiz.de/10009443983