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This paper considers new and used automobile exports of the European Union, Japan and the United States within a gravity model framework. This standard framework has similar explanatory power for the new and used automobile exports of the European Union and the United States, as well as for the...
Persistent link: https://www.econbiz.de/10008681191
Recently gravity trade models are applied to disaggregated trade data. Here many zeros are characteristic. In the presence of excess zeros usual Poisson Pseudo Maximum Likelihood (PPML) is still consistent, the variance covariance matrix however is invalid. Correct economic interpretation...
Persistent link: https://www.econbiz.de/10009326531
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Singapore?s outward FDI is peculiar in important respects, even though it shares some characteristics with FDI undertaken by traditional investor countries. The focus of FDI in the manufacturing sector on lower-income Asian host countries suggests that the motivations and trade repercussions of...
Persistent link: https://www.econbiz.de/10008520242
The deepening of the Barcelona Agreement and the discussions of the creation of a Mediterranean Union has awakened the interest of the non-EU Mediterranean countries to expand their exports to the European markets. This study analyses the factors that influence the German imports of olive oil by...
Persistent link: https://www.econbiz.de/10011143145
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This paper investigates the effect of the customs union between Turkey and the European Union on the balance of trade in Turkey. The framework for analysis is an extended trade gravity model onto which the impact of the customs union is applied. The gravity model of trade is estimated using...
Persistent link: https://www.econbiz.de/10011112639
Brain drain as a migration of skilled and educated labor is an important issue from years ago and this is one of the critical matters with which the developing countries like Iran are engaged. So because of the importance of this subject in this study we have concentrated on investigating on...
Persistent link: https://www.econbiz.de/10010695783
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