Showing 1 - 10 of 738
The gravity model of trade is utilized to assess the impact of disintegration on trade. The analysis is based on three recent disintegration episodes involving the firmer Soviet Union, Yugoslavia and Czechoslovakia. The results point to a very strong home bias around the time of disintegration,...
Persistent link: https://www.econbiz.de/10010313323
In this paper, I use a stratified Cox Proportional Hazard Model to econometrically evaluate the effects of intra-Africa regional trade cooperation and other underlying factors on Africa`s export survival. Using a highly disaggregated dataset of bilateral trade flows at HS 6 digit level for 49...
Persistent link: https://www.econbiz.de/10010316746
The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet empirical evidence on the possible magnitudes is still scarce. This paper uses four different datasets to estimate the determinants of international asset holdings and trade...
Persistent link: https://www.econbiz.de/10010260439
This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity model that includes several measures of terrorism and largescale violence, we find...
Persistent link: https://www.econbiz.de/10010260671
We discuss recent regional trade and economic partnership agreements involving the large population rapidly growing economies (Brazil, Russia, China, India, South Africa, ASEAN, Mexico) who (with the exception of Mexico) are also outside of the OECD. Perhaps 50 out of 300 that exist worldwide...
Persistent link: https://www.econbiz.de/10010261298
Pending EU widening to the East has revived concerns in Lalin America that Europe may become more inward-looking. However, booming trade and foreign direct investment (FDI) relations between current EU members and Central and Eastern European countries (CEECs) are unlikely to harm I^itin...
Persistent link: https://www.econbiz.de/10010265342
The European Unions's task of providing Trans-European Networks (TENs) in transportation, communications and energy transmission which has been enacted by the treaty of Maastricht, is not confined to internal networks in the EU. Since 1994 this task has been widened so as to give support to the...
Persistent link: https://www.econbiz.de/10010265358
Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....
Persistent link: https://www.econbiz.de/10010265368
The analysis of Baltic regional trade patterns reveals that during the nineties the Baltic states made significant progress to integrate into the Western European division of labour although a significant share of (transit) trade with Russia remained. In view of this development, history seems...
Persistent link: https://www.econbiz.de/10010265516
What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international trade flows. We construct a new balanced sample of...
Persistent link: https://www.econbiz.de/10010266049