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Shipping inside the box : containerization and trade
Coşar, A. Kerem; Demir, Banu - 2017
We quantify the effect of container technology on transport costs and trade by estimating the modal choice between containerization and breakbulk shipping using micro-level trade data. The model is motivated by novel facts that relate container usage to shipment, destination and firm...
Persistent link: https://www.econbiz.de/10011597265
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Globalization & Regionalization in International Trade
Maha, Liviu-George G.; Frunza, Ramona; Mursa, Gabriel - 2009
growth of networks of interdependence within multinational regions of the world. The recent decades are characterized by the … fact that the world trade grew faster than world output, which implies that an increasing share of world GDP crosses … economic integration is being created within a few specific regions of the world: Europe, North America and East Asia …
Persistent link: https://www.econbiz.de/10014209166
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Globalization in the Time of COVID-19
Sforza, Alessandro - 2020
of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 … shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined …
Persistent link: https://www.econbiz.de/10012837986
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The Slowdown in Global Trade : A Symptom of a Weak Recovery
Aslam, Aqib - 2018
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...
Persistent link: https://www.econbiz.de/10012928627
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Understanding the Weakness in Global Trade - What is the New Normal?
Cabrillac, Bruno - 2016
Global trade has been exceptionally weak over the past four years. While global trade grew at approximately twice the rate of GDP prior to the Great Recession, the ratio of global trade to GDP growth has declined to about unity since 2012. This paper assesses to what extent the change in the...
Persistent link: https://www.econbiz.de/10012983093
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The long- and short-run relationship between the shadow economy and trade openness in Uganda
Esaku, Stephen - In: Cogent economics & finance 9 (2021) 1, pp. 1-19
integrated into the world economy, firms and individual entrepreneurs are induced to engage in the formal sector so as to reap …
Persistent link: https://www.econbiz.de/10013183973
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Can trade really hurt? : An empirical follow-up on Samuelson's controversial paper
Bitzer, Jürgen (contributor); Görg, Holger (contributor);  … - 2008
This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for sitations with outward knowledge spillovers. Within this framework Samuelson's "Act II" effects may occur....
Persistent link: https://www.econbiz.de/10003758086
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Can Trade Really Hurt? An Empirical Follow-Up on Samuelson’s Controversial Paper
Bbitzer, Jurgen; Schröder, Philipp J. H.; Görg, Holger - 2009
This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for situations with outward knowledge spillovers. Within this framework Samuelson's Act II effects may occur....
Persistent link: https://www.econbiz.de/10014205493
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Global Value Chain and Disasters
Han, Hyoungmin; Lee, Sunhyung - 2023
We analyze the effects of disasters on the global value chain based on comprehensive data from 62 countries between 2007 and 2020. On average, a typical disaster reduces total exports by -1.48%, inter-mediate exports by -1.69%, forward linkage by -1.93%, and backward linkage by -1.77%. These...
Persistent link: https://www.econbiz.de/10014352953
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Decipher Global Trade Model : The Macroeconomic Policy Implications
Lee, Jong-Eun - 2014
of the trade system in the OECD countries. Understanding on the linkages between the world trade mechanism and the … macroeconomy is of utmost importance for the post-crisis managements of the world economy. The major points regarding the … encourage the world trade when it is designed in the way to increase private consumption, in fact, only in a few countries …
Persistent link: https://www.econbiz.de/10013048665