By utilizing panel statistics of 1520 country pairs and economic integration agreements (EIAs) from 2007 to 2017, this paper presents evidence of the effect of EIAs on export margins, i.e., both extensive (firms) and intensive margins (average exports per firm). In doing so, this work adds...

We uncover a new real effect of harmonizing accounting standards on international trade: following a mandatory adoption of International Financial Reporting Standards, exporters experiencing a greater change in reporting requirements become more successful in defending against foreign...

We measure the response of financial outcomes to the US announcement on April 2, 2025, of tariffs on nearly all its trading partners. To address the challenge posed by potential anticipation by economic agents, we decompose these tariffs into a component associated with bilateral deficits and an...

This paper proposes a new unified accounting framework to measure Global Supply Chain (GSC) activities. It integrates decomposition frameworks on gross output, trade, and value added, and formally incorporates the role of Foreign Invested Enterprises (FIEs). Compared to the existing Global Value...

This study explores the link between renewable energy consumption and international trade, with a focus on climate policy. We argue that this relationship is nonlinear and shaped by threshold effects. Using a dynamic threshold model (Seo & Shin, 2016), we analyze data from 1990 to 2023 for 29...

This study explores the connection between renewable energy consumption and international trade, with a particular focus on the influence of climate policy. We argue that this relationship is nonlinear and subject to threshold effects. Using a dynamic threshold model developed by Seo and Shin...

Approximately sixty percent of German goods exports are transported via sea freight. The international shipping industry is dominated by firms registered in offshore centers with little transparency. Criminals feel invited to abuse these opaque constructions for laundering their illegally...

This literature review connects trade and capital flows to (de)globalization, considering the main theoretical channels and empirical references to assess the current debate. The aim is to offer an integrated reference framework to study such a multifaceted global phenomenon. First, I...

Foreign trade has significantly contributed to global improvements in living standards, a reduction in global inequality since the mid-1990s, and the lifting of millions out of extreme poverty. These gains were supported by the rules-based international order established after World War II....

A few economists, researchers and many pundits in international business and international economics suppose that international trade has either begun to decrease or is about to decrease due to changes in the structure of the world economy. This paper rejects the empirical basis of this...