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We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The major component of trade barriers is explicitly modeled through the introduction of...
Persistent link: https://www.econbiz.de/10011242426
gravity model estimation and G2PM for log-linear gravity model estimation. Exemplarily the estimators are applied to intra …
Persistent link: https://www.econbiz.de/10009326531
Persistent link: https://www.econbiz.de/10008591041
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
This paper demonstrates that the appropriate econometric technique of testing for the effect of regional integration on bilateral trade is to augment the standard gravity model with country specific dummies instead of regional integration dummies. Using data on bilateral trade between Tanzania...
Persistent link: https://www.econbiz.de/10011213142
In a recent notable paper, Rose (2004a) finds no evidence that membership in the GATT/WTO increases trade. However, to evaluate accurately the role of the trade organization on trade promotion, only trade in commodities and sectors that are actually under the influence of that organization...
Persistent link: https://www.econbiz.de/10008691598
In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly lower than what would be expected given their economic, cultural and geographical characteristics. Our empirical results show that the variables used in standard gravity models...
Persistent link: https://www.econbiz.de/10008519501
specification a la Feenstra (2002) with three emerging estimation methods: the standard Heckman correction for selection bias, to … goals: First it provides estimates of the elasticity of substitution obtained using the four estimation techniques; Second …
Persistent link: https://www.econbiz.de/10004979703
This study analyzes the effects of different liberalization scenarios in the international trade of eggs and egg products. We use a dynamic gravity model that takes into account the observed persistence of trading partners. The estimated parameters of the gravity model serve to quantify the...
Persistent link: https://www.econbiz.de/10010776427