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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
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Comércio e integração dos estados brasileiros
Almeida, Fernanda Maria de; Silva, Orlando Monteiro da - 2007
states, and to the rest of the world, showed smaller values and larger commercial integration among the states of the …
Persistent link: https://www.econbiz.de/10009446448
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Currency unions and heterogeneous trade effects : the case of the Latin Monetary Union
Timini, Jacopo - 2017
El acuerdo de la Unión Monetaria Latina (UML), firmado en diciembre de 1865 por Francia, Italia, Bélgica y Suiza, estandarizó la acuñación de monedas de oro y plata en los países miembros y permitió la libre circulación de las monedas nacionales en la Unión. En un influyente estudio,...
Persistent link: https://www.econbiz.de/10012530580
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Chinese exports and non-tariff measures : testing for heterogeneous effects at the product level
Timini, Jacopo; Conesa, Marina - 2018
Las preocupaciones sobre un posible giro de la agenda de la política comercial mundial van en aumento. De hecho, incluso si los aranceles se encuentran en niveles históricamente bajos, las medidas no arancelarias (MNA) desempeñan un papel importante, y creciente, en la política comercial...
Persistent link: https://www.econbiz.de/10012532177
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The global operations of European firms. The second EFIGE policy report. Bruegel Blueprint 12, July 2011
Navaretti, Giorgio Barba; Bugamelli, Matteo; Schivardi, … - 2011
they had formed on the basis of theory and partial evidence are by and large confirmed. As the authors emphasise in the …
Persistent link: https://www.econbiz.de/10009463894
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The EU-MERCOSUR free trade agreement: main features and economic impact
Timini, Jacopo; Viani, Francesca
Artículo de revista ; This article describes the main characteristics of the trade agreement reached between the European Union (EU) and the Common Market of the South (MERCOSUR) in 2019 and presents estimates of its possible impact on trade and GDP in the two areas." "It is an ambitious...
Persistent link: https://www.econbiz.de/10012524470
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A Product-Quality View of The Linder Hypothesis
Hallak, Juan Carlos - 2006
which, as in Linder’s theory, product quality plays the central role. A formal derivation of the Linder hypothesis is … for Linder’s theory. …
Persistent link: https://www.econbiz.de/10009477275
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The effects of technical and organizational change on labor markets
Gärtner, Dennis - 2001
A new strand of literature has recently sought to investigate possible links between technological changes, observed modifications to firms' organizational structure and the evolution of the wage gap between skilled and unskilled workers. After a brief overview of such approaches, this essay...
Persistent link: https://www.econbiz.de/10009471673
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Economic internationalisation and the distribution of income : a comparison of the cases of Germany and the U.S.
Wacker, Ulrich - 2002
ofinternational trade theory. Focusing on general equilibrium frameworks stems from the insight that economicinternationalisation in … market issues established by human capital theory with the general equilibrium-leddebate on trade and the functional … ofinternational trade theory. Focusing on general equilibrium frameworks stems from the insight that economicinternationalisation in …
Persistent link: https://www.econbiz.de/10009471731