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The unprecedented drop in international trade during the last quarter of 2008 and the first quarter of 2009 has mainly been analysed at the macroeconomic or sectoral level. However, exporters who are heterogeneous in terms of productivity, size or external financial dependence should be...
Persistent link: https://www.econbiz.de/10011605273
In this paper we show that price equalization alone is not sufficient to determine the barriers to international trade. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of trade. We demonstrate this first theoretically in a...
Persistent link: https://www.econbiz.de/10010291497
Drawing on Transaction Costs Economics, this paper develops a new approach to conflict of law rules. It outlines a concept of constitutional uncertainty in international trade and presents a model of international transactions in the presence of a diversity of legal orders. We develop a general...
Persistent link: https://www.econbiz.de/10010296890
This paper studies the degree of integration of China's domestic market and investigates the determinants of inter-provincial trade barriers under the rubric endogenoustrade policy theory. I rely on industry-level trade flows extracted from provincial input-output tables to develop a model that...
Persistent link: https://www.econbiz.de/10010325322
The ongoing process of globalization, which is boosted by technological and political catalysts as well, increasingly raises public concerns. It is feared that international integration will be accompanied by national disintegration, since the income distribution in rich countries will become...
Persistent link: https://www.econbiz.de/10010265365
This paper assesses the empirical relationship between the liberalization of international trade and the economic status of women. Although historically globalization is not generally linked to the advancement of women, several recent country studies find export led growth in middle and low...
Persistent link: https://www.econbiz.de/10010268101
As revealed by the trade intensity indices, India and the People's Republic of China have significant bilateral trade potential, which remains unexplored until now. These countries are presently negotiating for free trade arrangements among them based on their complementarities. This paper makes...
Persistent link: https://www.econbiz.de/10010272698
The war in Ukraine has not only dramatically changed Western perceptions of geopolitics, but also influenced risk assess-ments of economic interdependencies between Western economies and China. China has gradually emerged as an important, and in some cases indispensable, supplier to Western...
Persistent link: https://www.econbiz.de/10014289973
The nature of South–South international economic relations has changed significantly in recent decades, especially since the early 1990s. In areas such as trade, investment, labor markets, technology, and policy coordination, regional cooperation between countries of the South and pro-market...
Persistent link: https://www.econbiz.de/10010507334
Persistent link: https://www.econbiz.de/10011695731