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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
tariffs on the range of goods countries export to the United States. The empirical analysis shows that tariffs tend to have a … 1996-2006 is explained by tariff reductions. This suggests the extensive margin has not amplified the impact of tariffs on … world trade. The second essay investigates the sector and country determinants of the range of goods that countries export …
Persistent link: https://www.econbiz.de/10009429374
-group trade, in the case of the Czech and Slovak Republic and Slovenia at the expense of the Rest of the World (ROW). Since …
Persistent link: https://www.econbiz.de/10009451179
-the-board declines, entailed increases in tariffs that are proving detrimental to international trade and thereby affecting the Spanish … economy’s external sector outlook. This article estimates the effect of tariffs on Spanish non-energy, non-EU goods exports … drawing on data broken down by country of destination and type of product. The results show that an increase in tariffs …
Persistent link: https://www.econbiz.de/10012523909
Artículo de revista ; The effective departure of the United Kingdom (UK) from the European Union (EU) opens up a new period of relations between the two areas. The current health crisis limits economic policies’ room for manoeuvre to accommodate the costs of transitioning to a new economic...
Persistent link: https://www.econbiz.de/10012525333
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
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
; Concerns about a possible turn of the global trade policy agenda are on the rise. Indeed, even if tariffs are at a historically … a recently released database on NTMs (UNCTAD), and relying on a gravity model, we focus on Chinese exports with two aims …
Persistent link: https://www.econbiz.de/10012532177
in the post-revolutionary period. In this context international factors and conditions, dictated by world economy, are …
Persistent link: https://www.econbiz.de/10009467018