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 …This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and …

empirical model which takes into account both that preferential trade agreement membership is endogenous and that the world … the structural, non-(log-)linear impact of trade barriers on trade in new trade theory models. Structural new trade theory … models have never been used to evaluate and quantify the role of endogenous preferential trade agreement (PTA) membership for …

In all the regions of the contemporary world - including Asia - there is a growing trend in market consolidation … through regional collaboration in the form of bilateral and regional trade agreements. Regional cooperation and integration … can facilitate the way for expanding markets and creating trade opportunities. However, market-led integration in South …

This paper reviews reassesses the methodology and principal findings of the “Rose effect”, i.e. the trade effects of … boosted intra-euro area trade by five to ten percent. The paper discusses a gamut of models that might explain the Rose effect …

in recent years. Based on an extensive data set which covers most of world trade over the past 60 years and about 240 …The well-known question whether regional trade agreements (RTAs) and the multilateral trading system (MTS) are … regional trade agreements, we analyze the relationship between RTAs and the MTS by combining the gravity model framework with …

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 bilateral country pairs do not actually trade. We depart from …

the causal connection between lack of exposure to commercial trade and proclivity to sudden stops. On the theoretical … front, the paper shows how exposure to trade raises the creditworthiness of countries and reduces the probability of sudden … trade increases the likelihood of default. A sudden stop takes place when the borrowers reject the amount that lenders want …

Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in … problem that trade is endogenous. Using the gravity instrument for trade openness, which is constructed from geographical … determinants of bilateral trade, this paper finds that openness indeed makes countries less vulnerable, both to severe sudden stops …

the causal connection between lack of exposure to commercial trade and proclivity to sudden stops. On the theoretical … front, I show how exposure to trade raises the creditworthiness of countries and reduces the probability of sudden stops. In … debt is more attractive. Therefore, conditional on the amount that lenders are willing to loan, decreased exposure to trade …

bilateral trade flows at HS 6 digit level for African countries for a period 1995-2009 and a conditional logit technique, I find … 3 main empirical results. First, intra-Africa regional trade cooperation enhances the likelihood of an African nation … the learning effects hypothesis. The third result shows that infrastructure related trade frictions such as export costs …