Showing 1 - 10 of 37,808
. There are some indications of globalization in retreat, international trade growth slowing down and a transition from … various trends around global economic integration and pushing towards de-globalization is extremely difficult. This paper aims …
Persistent link: https://www.econbiz.de/10014496726
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10014023765
Global trade has been exceptionally weak over the past four years. While global trade grew at approximately twice the rate of GDP prior to the Great Recession, the ratio of global trade to GDP growth has declined to about unity since 2012. This paper assesses to what extent the change in the...
Persistent link: https://www.econbiz.de/10012983093
The concept of globalization refers to the growing interdependence of countries, resulting from the increasing … process are the international trade and the cross-border investment flows. Economic globalization has increased the … specialization of workers, while the companies compete in global markets. Even globalization has recently become a common topic in …
Persistent link: https://www.econbiz.de/10014209166
China's exchange rate regime has been an international concern for years, and is possibly one of the chief reasons for … causing a trade war between the United States and China. Critics have alleged that the current Chinese RMB practices add … unfair advantages to Chinese exports, and are hence a violation of international law. This paper aims to study China …
Persistent link: https://www.econbiz.de/10014216862
What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international trade flows. We construct a new balanced sample of...
Persistent link: https://www.econbiz.de/10003882603
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...
Persistent link: https://www.econbiz.de/10011309578
This paper shows that bank linkages have a positive effect on international trade. A global banking network (GBN) is constructed at the bank level, using individual syndicated loan data from Loan Analytics for 1990-2007. Network distance between bank pairs is computed and aggregated to country...
Persistent link: https://www.econbiz.de/10013071718
What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international trade flows. We construct a new balanced sample of...
Persistent link: https://www.econbiz.de/10013156494
trade, in many cases going beyond international requirements. Asian countries - China most conspicuously - have been taking …
Persistent link: https://www.econbiz.de/10012724128