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We propose a short-run theory of the extensive margins of trade, comprising the standard international extensive margin and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific policy effects not properly identified in previous...
Persistent link: https://www.econbiz.de/10013285497
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a "cornersolutions- version"of the gravity model to …
Persistent link: https://www.econbiz.de/10011450770
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imports have risen by almost twice that rate. China has become the world's largest importer of agricultural products and the … first or second largest destination for many of the world's top agricultural exporters such as the US, Brazil, Australia …
Persistent link: https://www.econbiz.de/10013309124
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Persistent link: https://www.econbiz.de/10003421874
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World …-War-II growth in manufacturing world trade along these two margins. We propose a corner-solutions-versionʺ of the gravity model to …
Persistent link: https://www.econbiz.de/10002246182
Persistent link: https://www.econbiz.de/10003550308
The literature has paid very little attention to a potential positive endogenous nexus between trade globalization and political liberalization. In this paper, I apply a structural approach to investigate two-way causality between the two based on the gravity trade theory, using data from a...
Persistent link: https://www.econbiz.de/10014057781
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