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Disaggregated trade flows and the missing globalization puzzle
Siliverstovs, Boriss; Schumacher, Dieter - 2008
This study analyzes the stability of the distance coefficient values over time in the generalized gravity equation of Bergstrand (1989) using both aggregate and disaggregated trade flows among 22 OECD countries recorded for the sample period covering 1970 until 2000. We estimate the gravity...
Persistent link: https://www.econbiz.de/10010285827
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Benefits and challenges of integrating South and Southeast Asia
Bhattacharyay, Biswa N. - 2012
In recent decades, Southeast Asian economies have prospered through an outward-oriented strategy, through intra-regional integration under the Association of the Southeast Asian Nations (ASEAN) initiative and through participating in the East Asian production networks. In the 1970-80´s, South...
Persistent link: https://www.econbiz.de/10010282051
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The Impact of ACFTA on People’s Republic of China-ASEAN Trade: Estimates Based on an Extended Gravity Model for Component Trade
Sheng, Yu; Tang, Hsiao Chink; Xu, Xinpeng - 2012
Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC) on the members' trade flows and trade …
Persistent link: https://www.econbiz.de/10010507522
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Trade integration of Central and Eastern European countries: lessons from a gravity model
Bussière, Matthieu; Fidrmuc, Jarko; Schnatz, Bernd - 2005
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
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Economic integration and FDI: an empirical analysis of foreign investment in the EU and in Central and Eastern Europe
Brenton, Paul; DiMauro, Francesca; Lücke, Matthias - 1998
Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....
Persistent link: https://www.econbiz.de/10010265368
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Integration, disintegration and trade in Europe: Evolution of trade relations during the 1990s
Fidrmuc, Jarko; Fidrmuc, Jan - 2000
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
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Disintegration and Trade
Fidrmuc, Jarko; Fidrmuc, Jan - 2001
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
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El efecto de China en el comercio internacional de América Latina
Montenegro, Claudio E.; Pereira, Mariana; Soloaga, Isidro - In: Estudios de Economía 38 (2011) 2, pp. 341-368
Using a gravity model, this article presents an analysis of aggregate trade flows aimed at identifying China's impact … on Latin America's trade. The results obtained indicate that: i) China's growth in the last years implied a growing …; and iii) a positive relationship between imports from China and exports to third markets was only found for the Southern …
Persistent link: https://www.econbiz.de/10011538726
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Evaluating China’s integration in world trade with a gravity model based benchmark
Bussière, Matthieu; Schnatz, Bernd - 2006
The rapid transition of China from a closed agricultural society to an industrial powerhouse has been associated with a … rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions … have been arising ranging from holding China partly responsible for global imbalances to complaints about the “excessive …
Persistent link: https://www.econbiz.de/10011604739
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Free trade agreement between People's Republic of China and India: Likely impact and its implications to Asian economic community
Bhattacharya, Swapan K.; Bhattacharyay, Biswa N. - 2006
China (PRC) and India, can foster outward-oriented development and intra-regional trade based on comparative advantage and …
Persistent link: https://www.econbiz.de/10010279691