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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
LMU Munich in February 2019. It consists of four selfcontained chapters that empirically investigate different trade … dampening phenomena using gravity analysis. The first two chapters examine the effects of anti-dumping duties on trade …, addressing endogeneity concerns linked to trade policy. In particular, Chapter 1 exploits the EU enlargement of 2004 as a natural …
Persistent link: https://www.econbiz.de/10012484009
The conventional immigration and trade literature regards immigrants as mediators for informal barriers such as … investigates the ways in which international student migration relates to trade. Unlike other immigrants, international students … countries and 172 origin countries between 2000 and 2018, I employ a gravity-type trade model to examine this relationship. I …
Persistent link: https://www.econbiz.de/10013427620
Persistent link: https://www.econbiz.de/10005406637
countries or Southeast Asian countries. Trade flows of the CIS countries are not well diversified in terms of either trading … other countries, we employ the gravity model that proved to be very successful in explaining geographical patterns of trade … across countries. The gravity equation is estimated ‘out-of-sample’, meaning that we do not include data on trade flows of …
Persistent link: https://www.econbiz.de/10005464587
Already Beckerman (1956) and Linder (1961) suggested that international trade is not determined by supply side factors … that preferences influence trade through several channels, and that results of the European Song Contest are a robust … predictor of bilateral trade. …
Persistent link: https://www.econbiz.de/10011095564
This thesis examines the impact of institutions, especially the financial institutions, on international trade and … foreign direct investments. The first four chapters study the financial institutions and their impact on trade and … level of development. The second chapter examines how finance impacts bilateral trade. The third chapter builds a …
Persistent link: https://www.econbiz.de/10011074620
conditional on country characteristics and bilateral trade costs. The methodology combines several approaches that recently … received attention in the trade literature. First, an industry-level gravity model of exports is estimated using a two … applied for a large panel of countries. Finally, the trade projections are generated out-of-sample. The methodology is applied …
Persistent link: https://www.econbiz.de/10008493791
Gravity variables such as distance, adjacency, colony, free trade agreements or language are used to capture the … effects of trade costs in empirical studies. By using actual data on trade costs, this paper decomposes the overall effects of … such variables on trade into those through three gravity channels: duties/tariffs (DC), transportation costs (TC), and …
Persistent link: https://www.econbiz.de/10012964551
trade and derives implications for the gravity equation. The model predicts that the effect of fixed costs on exports and on … aggregate trade data and firm-level data to estimate gravity equations and find strong evidence for a dampening effect of … vertical differentiation on the fixed costs elasticity in international trade. Moreover, we estimate the parameters of our …
Persistent link: https://www.econbiz.de/10012980575