Showing 1 - 10 of 6,734
This paper studies the evolution of trade freeness and of the agglomeration of production, as well as their relationship, at the sectoral level in a group of EU countries. Our main objective is to test at the sectoral level the conclusions of previous aggregate analyses which find that an...
Persistent link: https://www.econbiz.de/10009682333
- 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 integration by estimating the magnitude and evolution of the home … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …
Persistent link: https://www.econbiz.de/10010371905
particular case of Europe, an area in which commercial and economic integration has gained remarkable momentum since 1992. More … with origin in third countries. In addition to trade integration measures, we also analyze the potential role of other … results suggest that EU commercial integration and FDI reinforce each other, thus being complements rather than substitutes in …
Persistent link: https://www.econbiz.de/10013106372
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...
Persistent link: https://www.econbiz.de/10012926575
In this paper we present new evidence on the aggregate effect of the euro on trade using data for 26 OECD countries for the period 1967–2008. We strive to fill the gaps present in the previous literature through a second-generation panel cointegration tests and estimators that account for both...
Persistent link: https://www.econbiz.de/10012890063
This volume was prepared by Thomas Steinwachs while he was working at the ifo Center for International Economics. It was completed in September 2018 and accepted as a doctoral dissertation by the Department of Economics at the University of Munich (LMU). It is a collection of four self-contained...
Persistent link: https://www.econbiz.de/10011966938
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...
Persistent link: https://www.econbiz.de/10011924871
For the estimation of structural gravity models using PPML with countrypair, exportertime and importer-time effects it proves useful to exploit the equilibrium restrictions imposed by the system of multilateral resistances. This yields an iterative projection based PPML estimator that is...
Persistent link: https://www.econbiz.de/10011875702
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...
Persistent link: https://www.econbiz.de/10011775646
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...
Persistent link: https://www.econbiz.de/10011781959