Showing 1 - 10 of 6,420
Despite Kenya dominating trade volumes in the East African Community (EAC), it has been trading below its potential … within the region. This is also in spite of the increased scope of the country's trade opportunities resulting from the … region's increased market integration. Empirical evidence has shown that macroeconomic policies influence international trade …
Persistent link: https://www.econbiz.de/10015359746
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 …
Persistent link: https://www.econbiz.de/10011604739
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 …
Persistent link: https://www.econbiz.de/10009743772
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 …
Persistent link: https://www.econbiz.de/10010439170
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 …
Persistent link: https://www.econbiz.de/10011597238
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 …
Persistent link: https://www.econbiz.de/10011636168
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 …
Persistent link: https://www.econbiz.de/10012533891
Geoeconomic concepts are gaining importance in EU trade policy. In this context new trade policy instruments are … designed to protect the internal market against unfair trade practices, coercive actions as well as to ensure sustainable … (CBAM), Corporate Sustainability Due Diligence (CSDD), Level Playing Field Provisions in the EU-UK Trade and Cooperation …
Persistent link: https://www.econbiz.de/10014464823
This paper discusses the possible impact of RTAs on FDI and trade flows in the Americas. First, it briefly looks at … selected RTAs with investment protection, namely the North American Free Trade Agreement (NAFTA), the Group of Three (G-3) and … in the region foster trade and divert FDI in the ACN despite investment protection. The study finalizes by considering …
Persistent link: https://www.econbiz.de/10014214261
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 …
Persistent link: https://www.econbiz.de/10010514292