Showing 1 - 10 of 611
Global Value Chains (GVC) have reshaped the landscape of international trade. The quality and intensity of regulation significantly impacts firms' competitiveness and their ability to engage in GVC. Economic literature suggests that regulation of product market competition has a detrimental...
Persistent link: https://www.econbiz.de/10015192789
The conventional immigration and trade literature regards immigrants as mediators for informal barriers such as institutional and cultural differences. However, this notion neglects network effects stemming from short visits. This paper investigates the ways in which international student...
Persistent link: https://www.econbiz.de/10013427620
The people of Great Britain said their word to leave the European Union. The Brexit consequences impact on international trade is negative and large. In the meantime, the ambition Great Britain post Brexit aims for new trade agreements while not explicit (clear) about the type and with whom...
Persistent link: https://www.econbiz.de/10014331464
Recent work by Anderson and van Wincoop (2003) establishes an empirical modeling strategy which takes full account of the structural, non-(log-)linear impact of trade barriers on trade in new trade theory models. Structural new trade theory models have never been used to evaluate and quantify...
Persistent link: https://www.econbiz.de/10010315584
The analysis of Baltic trade statistics and gravity estimates reveal that Estonia, Latvia and Lithuania have rapidly integrated into the international division of labour with a distinct EU focus. The Baltic States have taken a road towards the EU common market which pays particular attention to...
Persistent link: https://www.econbiz.de/10010273120
Trade economists have for long considered gravity models to estimate unexhausted potentials for bilateral trade. Similar to the discrepancy between "normal" and "actual" bilateral trade, one may ask the question about the difference between "normal" and actual bilateral multinational activity....
Persistent link: https://www.econbiz.de/10011345607
The issues of zero trade observations and the validity of the log linear transformation of the gravity equation have generated a number of debates in the literature with differing claims about the most suitable estimation technique. To produce unbiased and consistent estimates for policy making,...
Persistent link: https://www.econbiz.de/10011418748
This paper provides new empirical evidence of the "euro effect" on bilateral trade by allowing for a heterogeneous impact on "new" and "old" EMU members. By applying a Poisson estimator and focusing on a sample of 38 countries, our results show a statistically insignificant euro's effect on...
Persistent link: https://www.econbiz.de/10011985483
This study specifies and applies a gravity model to provide empirical evidence on determinants of emigration from Turkey to 31 destination European countries over the period between 1960 and 2013. Results under alternative estimation strategies show that economic, demographic and cultural...
Persistent link: https://www.econbiz.de/10012012090
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...
Persistent link: https://www.econbiz.de/10011807192