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Essays on offshoring, wage inequality and innovation

Benz, Sebastian - 2014

This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...

Persistent link: https://www.econbiz.de/10011742945

The importance of accounting for time trends when estimating the Euro effect on trade

Bun, Maurice J. G.; Klaassen, Franc - 2004

To study the effect of the euro on international goods trade one typically estimates a panel model for the level of trade. Trade levels increase over time, and we show that this is not fully explained by the included regressors. Because the euro is only present at the end of the sample, this may...

Persistent link: https://www.econbiz.de/10011334328

Do developing countries benefit from foreign direct investments?

Razzak, Weshah A.; Bentour, El Mostafa - 2012

In addition to the wide believed positive effects on growth, employment and wages, FDIs are often perceived as sources of funds for development. Developing countries, especially low income and emerging economies, welcome FDIs because of their favorable budgetary implications. All that resulted...

Persistent link: https://www.econbiz.de/10011526595

A Survey on the Micro-Foundations of the Trade Gravity Equation

Candau, Fabien - 2011

The aim of this paper is to review the state of art regarding the theoretical foundations of gravity equations applied to trade flows. Micro-foundations of the supply side and of the demand side are presented such as new models where a) general equilibrium constraints are taken into account b)...

Persistent link: https://www.econbiz.de/10013124118

A Test of Endogenous Trade Bloc Formation Theory on EU Data

Baldwin, Richard E. - 2017

previously happy to stay out. We estimate a time-series of EU trade creation and diversion over the last five decades and use … these to estimate a model of EU membership demands. The results provide broad support for the model and show that trade …

Persistent link: https://www.econbiz.de/10012942669

The economic impact of deepening trade agreements

Fontagné, Lionel; Rocha, Nadia; Ruta, Michele; … - 2022

This paper explores the economic impacts of preferential trade agreements, conditional on their level of ambition. We cluster 278 agreements, encompassing 910 provisions over 18 policy areas and estimate the trade elasticity for the different clusters. We then use these elasticities in a series...

Persistent link: https://www.econbiz.de/10012801551

Economic Integration Agreements, Border Effects, and Distance Elasticities in the Gravity Equation

Bergstrand, Jeffrey H.; Larch, Mario; Yotov, Yoto V. - 2021

Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....

Persistent link: https://www.econbiz.de/10013315671

Turkish Delight for Some, Cold Turkey for Others? : The Effects of the Eu-Turkey Customs Union

Adam, Antonis; Moutos, Thomas - 2021

Following Turkey's application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly … asymmetric changes in the trade volumes of the incumbent countries of the EU as a result of the EU-Turkey CU. By examining … disaggregated trade data we find that the technologically sophisticated EU countries (e.g., mainly the Northern European countries …

Persistent link: https://www.econbiz.de/10013318200

Re-embedding Liberalism : Introducing 'Passporting Fees' for Free Trade

Streinz, Thomas - 2021

Trade liberalization has proceeded on the assumption that eventual aggregate welfare gains will exceed the losses. While compensatory mechanisms exist in most countries, they tend to be underfunded and ineffective. To begin to address this problem, the direct beneficiaries from trade...

Persistent link: https://www.econbiz.de/10013241712

Reciprocity in the Ftaa : The Roles of Market Access, Institutions and Negotiating Capacity

Nogues, Julio J. - 2003

The benefits of the FTAA to Latin American countries will materialize through two channels: improved access to the region's markets, and enhanced growth prospects through the strengthening of basic economic institutions. Furthermore, the importance of these negotiations is heightened by the fact...

Persistent link: https://www.econbiz.de/10014074762

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