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) with its trading partners around the world and to examine the impact of various PTAs in which India or its trading partner … the world relatively few firms participate in world trade, thus suggesting that characteristics of a firm (such as its … size and productivity) are relevant besides country level barriers on trade matter for participation in world trade. This …
Persistent link: https://www.econbiz.de/10011807638
empirical model which takes into account both that preferential trade agreement membership is endogenous and that the world …
Persistent link: https://www.econbiz.de/10010315584
This paper reviews reassesses the methodology and principal findings of the “Rose effect”, i.e. the trade effects of currency union, looking at both EMU and non-EMU currency unions. The consensus estimate suggests that the euro has already boosted intra-euro area trade by five to ten...
Persistent link: https://www.econbiz.de/10011604640
The aim of the paper is to analyse the factors behind the rapid trade integration of the Central and Eastern European countries with the euro area in the past ten years and to gauge the potential for further integration. We use as benchmark an enhanced gravity model estimated with a large sample...
Persistent link: https://www.econbiz.de/10011604591
This paper argues for the need to improve logistics and trade infrastructure in developing countries in order to increase trade flows. Based on a multiplicative form gravity regression framework, this paper assesses the impact of logistics on bilateral exports in developing countries. The...
Persistent link: https://www.econbiz.de/10010288522
Using a gravity-type explanation of international trade flows at the industry level, it is shown that the pattern of comparative advantage in terms of sectoral export/import ratios in bilateral trade can be explained by relative income and relative per capita income. Total income of a country is...
Persistent link: https://www.econbiz.de/10010260775
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a ?cornersolutions- version? of the gravity model to …
Persistent link: https://www.econbiz.de/10010274453
in recent years. Based on an extensive data set which covers most of world trade over the past 60 years and about 240 …
Persistent link: https://www.econbiz.de/10010294692
The paper analyzes whether the political regime of a country influences its involvement in international trade. Firstly, we develop a theoretical model that predicts that autocracies trade less than democracies. Secondly, we test the predictions of the model empirically using a panel of more...
Persistent link: https://www.econbiz.de/10010277794
Africa (in particular ECOWAS and SADC) and compare this to the a benchmark of North South trade integration (Europe …'s preferential trade agreement). We find that - ECOWAS and SADC membership significantly increases bilateral trade flows (and by more … than for example preferential trade agreements with the EU do), - SADC membership has a stronger impact compared to ECOWAS …
Persistent link: https://www.econbiz.de/10010305595