Showing 1 - 10 of 9,578
The firms' international fragmentation of production has recently widened its focus from outsourcing of intermediates to off-shoring of business services such as software program development and international call centre networks. Although a large number of business services are intangible and...
Persistent link: https://www.econbiz.de/10010281652
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
In this paper we test the well-known hypothesis of Obstfeld and Rogoff (2000) that trade costs are the key to explaining the so-called Feldstein-Horioka puzzle. Using a gravity framework in an intertemporal context, we provide strong support for the hypothesis and we reconcile our results with...
Persistent link: https://www.econbiz.de/10010261322
This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back to Hans Linneman (1966) and Tinbergen (1962) and its recent applications, particularly by Adams et...
Persistent link: https://www.econbiz.de/10011807638
that econometrically designates the determinants of Turkey's trade flows via panel data approach. Next, we use this …This paper aims to determine the role of EU in Turkey's trade flows by using the gravity model. It also aims to test … whether the Customs Union (of EU) that Turkey entered in 1996 made a deviation in Turkey's trade flows. Regional trade …
Persistent link: https://www.econbiz.de/10011807192
Antalya and Muğla provinces located in southwestern Turkey have emerged as the new magnets for internal migration in …
Persistent link: https://www.econbiz.de/10010283931
The gravity model of trade is used to assess the economic consequences of new borders, which arose in the wake of break-ups of multinational federations in Eastern Europe. The intensity of trade relations among the constituent parts of Czechoslovakia, Soviet Union and the Baltics was very high...
Persistent link: https://www.econbiz.de/10010301308
The gravity model of trade is utilized to assess the impact of disintegration on trade. The analysis is based on three recent disintegration episodes involving the firmer Soviet Union, Yugoslavia and Czechoslovakia. The results point to a very strong home bias around the time of disintegration,...
Persistent link: https://www.econbiz.de/10010313323
Research for evidence on offshoring activities and its driving forces has been done by analyzing gross trade flows related to offshoring using gravity equations augmented by ad hoc measures of supply-side country differences. We develop a specification grounded in incomplete specialization that...
Persistent link: https://www.econbiz.de/10010318414
to the EU based on panel data from the period 1988 to 2002 are examined concentrating on Turkey?s sixteen most important …This paper investigates the trade effects of Turkey?s trade integration into the EU. To this end sectoral trade flows … between Turkey and the EU. The empirical model used is an extended version of the gravity model. This study is also a …
Persistent link: https://www.econbiz.de/10010296392