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Gravity model here differs from the Classical model in assuming imperfect competition and a positive effect of total trade on …We examine the empirical evidence bearing on whether UK trade is governed by a Classical model or by a Gravity model …
Persistent link: https://www.econbiz.de/10011758969
Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...
Persistent link: https://www.econbiz.de/10014175063
In a period of sluggish economic growth, the Brexit saga adds additional uncertainty to trade issues, concluding half a … and China. Especially inbound trade (from the UK to the continent) is bound to suffer from price-sensitivity effects if … tariff-related barriers are activated. The dominant outbound leg to the UK shows more variety in the trade basket, but it …
Persistent link: https://www.econbiz.de/10012172762
This paper summarises the economic analyses of the potential impact of Brexit on the United Kingdom, European Union (EU) and euro area performed by members of and contributors to the Brexit Task Force, a group reporting to the International Relations Committee of the European System of Central...
Persistent link: https://www.econbiz.de/10012300413
This paper presents new evidence on international trade and worker outcomes. It examines a big world event that … studies the impact of trade on wages and worker training. Wages and training fell for workers employed in sectors where the …
Persistent link: https://www.econbiz.de/10012022416
of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK …
Persistent link: https://www.econbiz.de/10015048212
of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK …
Persistent link: https://www.econbiz.de/10015048791
study to investigate the effects of economic disintegration. The implications for trade are especially fascinating as trade … UK's exports and imports, while less attention has been paid to Brexit's effects on the trade of other countries. The … of future trade relations between the UK and the EU and assume that, at least in the nearest-future post-Brexit scenario …
Persistent link: https://www.econbiz.de/10012027107
bilateral trade between Belgium and its main trading partners. I find that import and export markets have specific dynamics and …
Persistent link: https://www.econbiz.de/10012138102
This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade … to 2018. Our results suggest that an increase in unilateral uncertainty affects average trade costs in a heterogeneous …-sectional gravity approach, we show that an uncertainty shock directly reduces cross-border trade flows. The paper illustrates the …
Persistent link: https://www.econbiz.de/10014233567