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WTO-based concern. …
Persistent link: https://www.econbiz.de/10010325569
WTO-based concern. …
Persistent link: https://www.econbiz.de/10011346487
impacted economic growth in developed and developing countries, its effect is insignificant for least developed countries (LDCs … direct investment (FDI) across all country groups including LDCs, as well as domestic investment in both developing countries … and the LDCs. Consequently, first, the structure and pattern of trade in LDCs and African countries in particular should …
Persistent link: https://www.econbiz.de/10011845329
The volume and commodity structure of EU trade with the transition countries in central and eastern Europe (CEECs) is estimated on the assumption that it will follow the pattern of trade among market economies. A gravity-type approach at the level of product groups is used, combining geography...
Persistent link: https://www.econbiz.de/10010260749
The volume and commodity structure of EU trade with the transition countries in central and eastern Europe (CEECs) is estimated on the assumption that it will follow the pattern of trade among market economies. A gravity-type approach at the level of product groups is used, combining geography...
Persistent link: https://www.econbiz.de/10011433720
Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has featured prominently in the policy debate over Brexit. We first review the facts, noting the overwhelming evidence that trade tends to fall with distance. We then introduce some...
Persistent link: https://www.econbiz.de/10012177012
Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has featured prominently in the policy debate over Brexit. We first review the facts, noting the overwhelming evidence that trade tends to fall with distance. We then introduce some...
Persistent link: https://www.econbiz.de/10012839359
This paper assesses the quantitative importance of including sectoral heterogeneity in computing the gains from trade. Our framework draws from Caliendo and Parro (2015) and Alvarez and Lucas (2007) and has sectoral heterogeneity along five dimensions, including the elasticity of trade to trade...
Persistent link: https://www.econbiz.de/10012852066
A basic assumption of the gravity equation of international trade is that increasing trade costs lower exports. Butintuition and theory imply that a high export volume lowers bilateral trade costs as well, because a fixed cost intensivetrade sector probably bears lower average costs with more...
Persistent link: https://www.econbiz.de/10010301362
The sharp decline in trade volume and value during the current economic crisis has contributed to lower transportation costs and reduced waiting times at border crossings, reducing the urgency of progress on trade facilitation. Meanwhile, greater trade is expected to play a key role in recovery,...
Persistent link: https://www.econbiz.de/10010286118