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This paper studies the importance of intangible barriers to trade in explaining variation in disaggregate international trade. The analysis is based on a sample of 55 countries for the year 2000. We explicitly focus on the importance of institutional and cultural dimensions of distance. Our...
Persistent link: https://www.econbiz.de/10010325971
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
Ineffective institutions increase transaction costs and reduce trade. This paper shows that differences in the effectiveness of institutions offer an explanation for the tendency of OECD countries to trade disproportionately with each other, and with non-OECD countries.
Persistent link: https://www.econbiz.de/10010324986
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
) 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
This paper critically analyzes Pakistan's import policy during 1990s and explores the determinants of bilateral import flows between Pakistan and selected Asian countries (SAC) in recent past. Much research on international trade patterns focuses on primitive causes of trade such as differences...
Persistent link: https://www.econbiz.de/10011938299
During the last decades, the growth of trade between China and the Netherlands has been larger than the increase in bilateral trade flows between China and most other countries. Using a time series based gravity model, this paper investigates the main determinants of this increase. The empirical...
Persistent link: https://www.econbiz.de/10010326028
analyses, this paper reviews and analyses concepts and actual measures of European integration and globalization. In particular …, it discusses how to separate the effects of European integration from those of globalization. The paper searches for … regional integration and globalization indices that reduce the endogeneity problem, and it discusses collinearity between them …
Persistent link: https://www.econbiz.de/10010272106
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
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. We are interested in threshold effects, and so emphasize those cases where...
Persistent link: https://www.econbiz.de/10010294570