Showing 1 - 10 of 5,814
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
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 …
Persistent link: https://www.econbiz.de/10012816148
The impact of globalization in terms of bilateral trade is a renowned theoretical underpinning in the literature …. Nevertheless, testing a trade integration model of bilateral trade is not sufficiently well estimated with the Bayesian approach to … provide pragmatic evidence of trade integration from the digitalization in Asia. Moreover, in identifying the factors …
Persistent link: https://www.econbiz.de/10012493905
Over the last 20 years the trade literature repeatedly documented the trade-reducing effects of inter- and intra … underlying political borders. However, when observed border effects are not caused by political trade barriers, why should their … "border effect" in the absence of a border. Thereby, the finding that trade between East- and West-Japan is 23.1% - 51 …
Persistent link: https://www.econbiz.de/10010520759
This paper identifies a "border" effect in the absence of a border. The finding that trade between East- and West …-Japan is 23.1 to 51.3 percent lower than trade within both country parts, is established despite the absence of an obvious east …-lasting historical shocks, are identified as an explanation for the east-west bias in intra-Japanese trade. …
Persistent link: https://www.econbiz.de/10011853219
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
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which … countries trade homogeneous products in world markets and produce according to their comparative advantage as determined by …
Persistent link: https://www.econbiz.de/10012602338
This paper aims to determine the role of EU in Turkey's trade flows by using the gravity model. It also aims to test … whether the Customs Union (of EU) that Turkey entered in 1996 made a deviation in Turkey's trade flows. Regional trade … agreements on the one hand create new trade opportunities (trade creation effect). On the other hand, these agreements may also …
Persistent link: https://www.econbiz.de/10003790558
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected … euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area … different specialization patterns. This raises the question of the distribution of gains and losses from external trade shocks …
Persistent link: https://www.econbiz.de/10013098585