Showing 1 - 10 of 10,895
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern - horizontal versus vertica l- within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture trade...
Persistent link: https://www.econbiz.de/10010371905
International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of global value chains (GVCs). This paper studies how two factors contributed to this rise since 1970: (i) declining "border effects" that are arguably related to the ICT revolution...
Persistent link: https://www.econbiz.de/10012216588
This paper studies the role of reduced barriers to international trade from two dimensions: (i) the implementation of Free Trade Agreements and (ii) declining "border effects". Our empirical estimates suggest that diminished border effects accounts for the bulk of the increase in international...
Persistent link: https://www.econbiz.de/10011868281
Persistent link: https://www.econbiz.de/10010428293
This study examines the home bias in trade in goods and services within the European Union. Using the newest release of the World Input Output database, available for the years 2000-2014, the effect is estimated using gravity regressions. The trade-reducing effect of borders is found to be...
Persistent link: https://www.econbiz.de/10011636168
Global Value Chains (GVCs) have become a central topic in trade and development policy but little is known about their actual impact on economic performance because data availability has been limited. Using a new unique set of Inter- Country Input-Output tables with extensive country coverage, I...
Persistent link: https://www.econbiz.de/10010499543
We analyse potential consequences of the forthcoming Trade and Investment Partnership between the European Union and the United States (TTIP) for trade orientation of both partners. We do it with the short analysis of the characteristics of the third wave of regionalism and the TTIP position in...
Persistent link: https://www.econbiz.de/10012016806
Growing evidence indicates that international trade in healthcare services is growing. Nevertheless, a major literature gap exists with regard to the nature of international healthcare trade and its extent. Taking a comprehensive approach, this research examines the magnitude, directions,...
Persistent link: https://www.econbiz.de/10011618832
chains (GVCs)-related trade and its backward and forward components. I firstly build a regulatory distance (RD) index, which … gravity model, I then find a significant negative effect of regulatory distance on total, backward, and forward GVC … country dimension, I demonstrate that the effects of regulatory distance are associated with the exporters' and the importers …
Persistent link: https://www.econbiz.de/10012662478
We study how terminated correspondent banking relationships affect international trade. Drawing on firm-level export data from emerging Europe, we show that when local banks lose access to correspondent services, their corporate clients experience significant export declines. This trade...
Persistent link: https://www.econbiz.de/10015076240