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A basic assumption of the gravity equation of international trade is that increasing trade costs lower exports. Butintuition and theory imply that a high export volume lowers bilateral trade costs as well, because a fixed cost intensivetrade sector probably bears lower average costs with more...
Persistent link: https://www.econbiz.de/10003941170
A basic assumption of the gravity equation of international trade is that increasing trade costs lower exports. But intuition and theory imply that a high export volume lowers bilateral trade costs as well, because a fixed cost intensive trade sector probably bears lower average costs with more...
Persistent link: https://www.econbiz.de/10014198178
The establishment of the currently negotiated Free Trade Agreement (FTA) between the EU and Ukraine is the next significant step towards Ukraine's deeper integration into the world economy, widely expected to result in additional welfare gains. As developing countries face some costs associated...
Persistent link: https://www.econbiz.de/10009529130
The establishment of the currently negotiated Free Trade Agreement (FTA) between EU and Ukraine is the next significant step towards Ukraine's deeper integration into the world economy, widely expected to result in additional welfare gains. As developing countries face some costs associated with...
Persistent link: https://www.econbiz.de/10011374322
We test the hypothesis of the circular causality between trade costs and degree of economic development using data on Italian provinces. Using different methods to control for multilateral resistance, we apply a gravity equation to estimate sectoral exports to 188 countries over the period...
Persistent link: https://www.econbiz.de/10013068752
We test the hypothesis that higher economic development is associated with lower trade costs. Using different methods to control for multilateral resistance, we apply two alternative gravity equations (GE). In the first, we estimate total exports from 103 Italian provinces to 188 countries over...
Persistent link: https://www.econbiz.de/10012709000
I estimate the impact of conflict in Ukraine between 2014 and 2020. I use the Synthetic Control Method to estimate the counterfactual outcome of the strength of the Ukrainian economy had it been free from foreign intervention. Estimates suggest that the real GDP per capita has been approximately...
Persistent link: https://www.econbiz.de/10014083433
New Zealand’s history of natural disasters and its vulnerability to various types of disaster are outlined briefly. A summary description of the country’s arrangements for preparing for natural disasters and managing the response to, and recovery from, them is provided. The series of...
Persistent link: https://www.econbiz.de/10010699926
Since 1986 the United States has made considerable efforts to curb illegal immigration. This has resulted in an increase in migration costs for undocumented immigrants. More stringent border enforcement either deters potential illegal immigrants from coming to the U.S., or moves the point of...
Persistent link: https://www.econbiz.de/10003959209
Estimates of labor mobility costs are needed to assess the responses of employment and wages to a trade shock when factor adjustment is costly. Available methods to estimate those costs rely on panel data, which are seldom available in developing countries. In this paper, we propose a method to...
Persistent link: https://www.econbiz.de/10009765778