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den Butter, Frank A.G.; Mosch, Robert H.J. - 2003

Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of this paper shows that more trust leads to more trade...

Persistent link: https://www.econbiz.de/10010324925

The Institutional Determinants of Bilateral Trade Patterns

de Groot, Henri L.F.; Linders, Gert-Jan; Rietveld, Piet; … - 2003

costs of trade acrossgeographical and cultural distance. The quality of governance and the extent of familiaritywith the …

Persistent link: https://www.econbiz.de/10010324988

Institutional Determinants of Bilateral Trade: An Analysis according to Product Type

Linders, Gert-Jan M.; de Groot, Henri L.F.; Rietveld, Piet - 2005

Formal trade barriers and transport costs explain only part of the resistance to international trade. Search costs on the international market and insecurity of property rights and contract enforcement have recently been emphasized as important intangible barriers to trade. This paper proposes...

Persistent link: https://www.econbiz.de/10010325354

Cultural and Institutional Determinants of Bilateral Trade Flows

Linders, Gert-Jan M.; Slangen, Arjen; de Groot, Henri L.F. - 2005

cultural and institutional distance, and institutional quality. Analyzing a sample of bilateral trade flows between 92 … countries in 1999, we find that institutional distance has a negative effect on bilateral trade, presumably because the … distance has a positive effect on bilateral trade. A potential explanation for this finding is that firms prefer trade to host …

Persistent link: https://www.econbiz.de/10010325599

Trade, gravity, and sudden stops: On how commercial trade can increase the stability of capital flows

Cavallo, Eduardo A.; Cavallo, Eduardo A. - 2005

Financial stability is an important policy objective since crises are associated with big economic, social, and political costs. Promoting stability requires preventing 'sudden stops' in capital flows, which are events in which foreign financing abruptly disappears. This paper contributes to the...

Persistent link: https://www.econbiz.de/10010397715

South-South Trade: An Asian Perspective

Athukorala, Prema-Chandra - 2011

The purpose of this paper is to inform the contemporary policy debate on promoting trade among developing countries (South–South trade) by analyzing trade patterns of developing Asian economies from a comparative global perspective. The paper begins with a stage-setting historical overview of...

Persistent link: https://www.econbiz.de/10010507317

India's global trade potential: The gravity model approach

Batra, Amita - 2004

Persistent link: https://www.econbiz.de/10011807561

Financial Development, Financial Openness and Trade Openness: New evidence

Hanh, Pham Thi Hong - 2010

Employing the Pedroni co-integration technique and the GMM estimator, this paper aims at investigating the possible connection between financial development, financial openness and trade openness in twenty-nine Asian developing countries over 1994-2008. Firstly, we find a bidirectional causality...

Persistent link: https://www.econbiz.de/10011345468

International trade, technical change and wage inequality in the UK economy

Engelmann, Sabine - 2012

This paper examines the joint impact of international trade and technical change on U.K. wages across different skill groups. International trade is measured as changes in product prices and technical change as total factor productivity (TFP) growth. We take account of a multi-sector and...

Persistent link: https://www.econbiz.de/10010323821

Environmental Responsibility and Policy in a Two Country Dynamic Input-Output Model

Hoekstra, Rutger; Janssen, Marco A. - 2002

Increased spatial dependency of economic activities, as well as spatial differentiation of production and consumption, has implication for environmental policy. One of the issues that has gained importance is the responsibility for the emissions from products that cross national boundaries...

Persistent link: https://www.econbiz.de/10010324759