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economic policy. In our empirical analysis, based on an extensive dataset covering most of world trade, we find that GSP tends …
Persistent link: https://www.econbiz.de/10009751386
One reason donors provide foreign aid is to support their exports to aid-recipient countries. Time series data for Germany suggests an average return of between US$ 1.04 to US$ 1.50 for each US dollar of aid spent by Germany. Although this is well below previous estimates, the value is robust to...
Persistent link: https://www.econbiz.de/10010254238
The gravity model of trade is utilized to assess the impact of disintegration on trade. The analysis is based on three … strong home bias around the time of disintegration, with intra-union trade exceeding normal trade approximately 43 times in … fall in trade intensity. Nevertheless, there is a considerable hysteresis in economic relations, with trade flows among the …
Persistent link: https://www.econbiz.de/10010519058
movement of goods, labor and capital. Twenty five years later, CIS countries still face important trade policy choices the … the gravity model of trade using alternative estimation approaches that account for zeros in trade: Heckman, Poisson … exports while improved governance would, ceteris paribus, almost double its trade. Most of these changes originate from the …
Persistent link: https://www.econbiz.de/10011520823
structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest … expect the ETWFE methods to have significant implications for the estimates of other policy variables in the trade literature …
Persistent link: https://www.econbiz.de/10014435475
structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest … expect the ETWFE methods to have significant implications for the estimates of other policy variables in the trade literature …
Persistent link: https://www.econbiz.de/10014431432
Inter-industry trade and foreign trade are usually not based on cash transactions; rather sales on credit are the rule … transaction costs in trade. Export credit certainly faces higher transaction costs due to differences in language, business … impact on trade volumes. Export guarantees predominantly affect the country structure of foreign trade, but leave the …
Persistent link: https://www.econbiz.de/10011494515
multilateralization of trade, and so constitute building or stumbling blocks. In a gravity model using panel data, we estimate a set of … three regional dummies representative of intra-bloc trade, extra-bloc exports and extra-bloc imports. Taking the resulting … three coefficients as a starting point, we propose an original typology of trade creations / diversions and of trading blocs …
Persistent link: https://www.econbiz.de/10013133894
This article presents new evidence on the impact of Nonreciprocal Preferential Trade Policies (NRPTPs) granted by …
Persistent link: https://www.econbiz.de/10013107307
In this study, we have endeavored to explain China‟s trade pattern with OPEC member countries by employing gravity … fact, energy can be considered as the most traded commodity and also the core reason for the trade volume growth between … China and the OPEC member countries in last two decades. We have confirmed that China‟s bilateral trade with OPEC members …
Persistent link: https://www.econbiz.de/10012900368