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predicted local trade to predicted frictionless local trade) and the Total Factor Productivity effect of changing incidence. A … bit more than half the world's countries experience declining CHB and rising TFP. The effects are big for the outliers. A …
Persistent link: https://www.econbiz.de/10013069388
predicted local trade to predicted frictionless local trade) and the Total Factor Productivity effect of changing incidence. A … bit more than half the world's countries experience declining CHB and rising TFP. The effects are big for the outliers. A …
Persistent link: https://www.econbiz.de/10012462358
We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs - measured by linguistic and geographical proximity - are more relevant for trade that reflects cross-border...
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This study examines the potential effects of China's "One-Belt One-Road" initiative (OBOR) on trade flows and global value chain connections. The empirical analysis is based on the augmented gravity model of international trade, which comprises 186 reporters and 199 partners in the period...
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