Global trade growth over the past few years has appeared extraordinarily weak, even in relation to weak global GDP growth. This paper shows that the apparent breakdown in the relationship between global trade and global GDP growth is largely explained by two factors: an inappropriate measurement...

We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity form, such that the extensive margin is also affected by...

Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the slowdown in trade using a reduced form and a structural...

In this paper we show that price equalization alone is not sufficient to determine the barriers to international trade. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of trade. We demonstrate this first theoretically in a...

The study examines the impact of globalization on the exports of Pakistan. Five years from 1965-1970 refer to Pre-Globalization and 2005-2010 as the post globalization period. Economic openness as indicator of globalization is measured for both time periods. Globalization is related to the...

The paper aims at investigating the role that one country's position in the international trade network has in attracting knowledge and technology flows to it. By referring to "indirect" Research and Development (R&D) spillovers, we argue that not only is this position responsible for the number...

Eine Bestandsaufnahme der gegenseitigen Abhängigkeiten im Außenhandel zwischen der EU und Deutschland auf der einen Seite und China und Russland auf der anderen ist nötig, um in der Zeitenwende politische Ableitungen auf gesicherter empirischer Grundlage vornehmen zu können. Die ermittelten...