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This paper overviews literature which studies and discusses value chains, economic corridor and cluster development as part of a regional network structure along which goods, knowledge, and technology are exchanged by economic agents. The overview examines how regional geography, history, and...
Persistent link: https://www.econbiz.de/10013046841
This paper compares the traditional gravity model with a bidirectional approach when multilateral resistance is implemented to analyze the effect of inward foreign direct investment (FDI) on exports. We use cross-sectional HS trade data disaggregated at a 6-digit level in 2010 with controls for...
Persistent link: https://www.econbiz.de/10010411135
The paper examines the evolution of trade openness implications in the Mediterranean basin countries with respect to the European Union's trade initiatives, using a series of unconditional and conditional convergence tests. Accounting the endogeneity and instrumenting the spatial geography,...
Persistent link: https://www.econbiz.de/10012903977
Bilateral trade flows traditionally have been analysed by means of the spatial interaction gravity model. Still, (auto)correlation of trade flows has only recently received attention in the literature. This paper takes up this thread of emerging literature, and shows that spatial filtering (SF)...
Persistent link: https://www.econbiz.de/10011714269
Economic developments in the United States and China, the world's two largest economies, can have effects far beyond their shores. A slowdown in these economies would result in considerably lower global growth transmitted through trade, financial, and commodity market channels. Changing U.S....
Persistent link: https://www.econbiz.de/10012824102
Keller (1998) reexamines Coe and Helpman`s (1995) analysis of international R&D spillovers focusing on the weights used to define the foreign R&D capital stock. Keller creates random weights and shows that they give rise to positive estimates of international R&D spillovers, casting doubts on...
Persistent link: https://www.econbiz.de/10013317731
In this paper, I analyze recent findings by Coe and Helpman (1995) of trade-related international R&D spillovers. I show generally that randomly created bilateral trade shares also give rise to large estimated international R&D spillovers; often, in fact, to larger estimated spillover effects...
Persistent link: https://www.econbiz.de/10014190059
Theoretical and empirical research in economics suggests that bilateral migration triggers bilateral trade through a number of channels. This paper assesses the functional form of the impact of migration on trade flows in a quasi-experimental setting. We provide evidence that the relationship is...
Persistent link: https://www.econbiz.de/10010274829
Gravity models of international trade have been frequently applied to estimate the impact of common (official or spoken) language on bilateral trade. This study provides a meta-analysis based on 701 language effects collected from 81 academic articles. On average, a common (official or spoken)...
Persistent link: https://www.econbiz.de/10010280634
One of the greatest concerns over globalisation is its impact on the environment. This paper contributes to this debate by analysing the consequences of becoming an exporter on a firm's energy consumption. We show both theoretically and empirically that for low fuel intensity firms exporting...
Persistent link: https://www.econbiz.de/10009726083