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A unilateral tax on CO2 emissions may drive up indirect carbon imports from non-committed countries, leading to carbon leakage. Using a gravity model of carbon trade, we analyze the effect of the Kyoto Protocol on the carbon content of bilateral trade. We construct a novel data set of CO2...
Persistent link: https://www.econbiz.de/10010299938
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 …-house offshoring to China is a major determinant of Dutch import growth from China. Dutch firms tend to offshore production in …
Persistent link: https://www.econbiz.de/10010326028
The paper tabulates Myanmar's merchandise trade as reported by its partner countries, thereby circumventing the data constraints stemming from Myanmar's patchy trade records. It then estimates Myanmar's export potential, based on the bilateral export patterns observed for six other countries in...
Persistent link: https://www.econbiz.de/10010507374
Scholars and policy makers believe that democracy will bring prosperity through integration into the global economy via increased international trade. This study tests two theories as to why democracies might trade more. First, political freedom may be correlated with economic freedom, thus...
Persistent link: https://www.econbiz.de/10010280181
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
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
In this paper we examine the impact of major disasters on international trade flows using a gravity model. Our panel data consists of more than 170 countries for the years 1962-2004 yielding approximately 300,000 observations. We find that the driving forces determining the impact of such events...
Persistent link: https://www.econbiz.de/10010326694
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
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