Showing 1 - 10 of 2,670
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
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
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
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
The analysis of business cycle synchronization levels has become a key point in the discussion of the processes of international economic integration. Economists show a particular interest in analyzing the frequency of processes of business cycle convergence and divergence (decoupling) in the...
Persistent link: https://www.econbiz.de/10010228503
We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10011560677
This paper assesses the impact of market power and multinationality in EU12 manufacturing industries on EU integration in goods trade in the 90ies. An increase in the market concentration exhibits a positive impact on bilateral exports, while an increase in multinationality works in the opposite...
Persistent link: https://www.econbiz.de/10011492659
In this paper, we estimate a gravity equation properly accounting for omitted exporter and importer's overall trade resistance, through country yearly dummies for exporter and importer countries. We find that the omission of time varying multilateral trade resistance terms in the estimation of a...
Persistent link: https://www.econbiz.de/10012729780
The paper aimed identification of mechanisms of non-tariff barriers used by the EU Member States that affect the intra-EU exchange of agri-food products on the example of the trade between Poland and the Czech Republic. In the beginning the paper presents, the main theoretical assumptions of the...
Persistent link: https://www.econbiz.de/10012910458
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern – horizontal versus vertical – within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture...
Persistent link: https://www.econbiz.de/10013051267