Showing 1 - 10 of 29,756
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 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/10013312849
, focusing on how firms select into exporting, and how firms respond to international shocks. Finally, we turn to a "real world …
Persistent link: https://www.econbiz.de/10011610238
Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental statistic needed to conduct welfare analysis. Eaton and Kortum (2002) proposed a two-step method to estimate this parameter, where exporter fixed effects are regressed on proxies for...
Persistent link: https://www.econbiz.de/10009736241
The study of Economics as a discipline of Social Sciences has attracted a significant number of cross – disciplinary researches. A lot of emphasis has been bestowed upon the applications and implementations of the universal laws and results approved by the ‘natural' disciplines of Physical...
Persistent link: https://www.econbiz.de/10012841236
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 impact...
Persistent link: https://www.econbiz.de/10012669805
This paper studies the role of financial frictions in explaining the heterogeneous effect of exchange rate uncertainty on international trade. Empirically, exports in industries in which firms have less tangible capital or rely more heavily on external finance decrease more in times of high...
Persistent link: https://www.econbiz.de/10012849360
the domestic market of the Customs Union in a situation of Russia's accession to the World Trade Organization …
Persistent link: https://www.econbiz.de/10013089666
We explore how public investment in commercial infrastructure affects the composition of trade between countries. To …'s commercial infrastructure, broadly conceived to encompass transportation, communication, and power transmission networks … investment. We begin by analyzing optimal investment in public infrastructure in one country when public investment by the …
Persistent link: https://www.econbiz.de/10012864817
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