rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions … therefore provides an assessment of China’s “natural” place in the world economy based on a new set of trade integration … indicators. These indicators are used as a benchmark in order to examine whether China’s share in international trade is …

We show that the countries of the former Austro-Hungarian monarchy trade significantly more with one another in the … aftermath of the collapse of the Iron Curtain than predicted by a standard gravity model. This trade surplus declines linearly …

trade restrictions in recent years. This paper examines the trade patterns of North Korea with its 19 major trading partners … over the period 1989-2016. Moreover, the paper quantifies the trade barriers between North Korea and the rest of the world … by estimating border effects in a gravity model framework. The findings indicate that North Korea's trade with developed …

Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade … that this trade-promoting effect of language is likely to reflect cultural ties, rather than lower costs of communication … local dialect between regions have a sizable and significant positive impact on intra-national trade. We interpret this …

We re-visit the evidence about the trade benefits of European Monetary Union (EMU), focusing on the experience of … no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the …

This study examines the home bias in trade in goods and services within the European Union. Using the newest release of … trade-reducing effect of borders is found to be sizeable. It is greater for trade in services than for goods, though the …

This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …

This paper contains an empirical analysis on the determinants of trade flows in South America through the estimation of … research attempts to test the hypotheses of the augmented Gravity Model with regards to trade flows. A panel data analysis … that influence the most the flows of trade are geographic factors, followed by income. For the MERCOSUR countries, there is …

The gravity model of trade is used to assess the economic consequences of new borders, which arose in the wake of break …-ups of multinational federations in Eastern Europe. The intensity of trade relations among the constituent parts of … Czechoslovakia, Soviet Union and the Baltics was very high around the time of disintegration, exceeding the normal level of trade …

The gravity model of trade is utilized to assess the impact of disintegration on trade. The analysis is based on three … strong home bias around the time of disintegration, with intra-union trade exceeding normal trade approximately 43 times in … fall in trade intensity. Nevertheless, there is a considerable hysteresis in economic relations, with trade flows among the …