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short-term dynamics of individual markets. Furthermore, we examine whether logistics enter coal price dynamics through … transportation costs, which are mainly determined by oil prices. Our results suggest that this is generally not the case. -- Steam …
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We propose new methods to identify the full impact of country-specific characteristics on bilateral trade flows within the framework of ‘the new quantitative trade model.’ We complement theory with a simple two-stage estimating procedure, and offer a proof of concept by quantifying the...
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We propose new methods to identify the full impact of country-specific characteristics on bilateral trade flows within the framework of ‘the new quantitative trade model’. We complement theory with a simple two-stage estimating procedure, and offer a proof of concept by quantifying the...
Persistent link: https://www.econbiz.de/10013311138
We develop a structural framework that allows us to quantify the evolution of aggregate bilateral trade costs and … costs have fallen by 3.1% per year on average, we find a strong negative correlation between observed trade cost and markup …
Persistent link: https://www.econbiz.de/10015081337