Using a gravity model, this article presents an analysis of aggregate trade flows aimed at identifying China's impact on Latin America's trade. The results obtained indicate that: i) China's growth in the last years implied a growing supply of exports to this market from most countries in the...

To estimate correctly the effect of variable trade costs on firms' exports, the gravity equation should control for the number of firms that participate in foreign markets. Due to the absence of these data, previous studies control for this omitted variable using econometric strategies that may...

In response to the European sovereign debt and currency crisis, the EU has begun to implement measures toward fiscal solidarity at least for the euro area. Survey data from the Socio-Economic Panel (SOEP) study show that just under half of all adults in Germany generally support providing...

Als Reaktion auf die europäische Staatsschulden- und Währungskrise hat die EU zumindest für die Eurozone den Weg in Richtung einer fiskalischen Solidargemeinschaft eingeschlagen. Befragungsdaten des Sozio-oekonomischen Panels (SOEP) zeigen, dass knapp die Hälfte aller Erwachsenen in...

The evolution of trade between the four regions in the West Pacific in both gross and value added terms is analyzed using international input-output tables. It is found that value added exports of computers and electronic equipment of the Asian economies are very limited in comparison with their...

This paper examines progress in establishing mutual recognition arrangements for Authorised Economic Operator (AEO) programs under the World Customs Organization's SAFE Framework of Standards to Secure and Facilitate Global Trade. In particular, it considers the likely impact on industry and...

The Johannesburg Convention on Mutual Administrative Assistance in Customs Matters as of 2003 is a crucial breakthrough and important legal tool for the implementation of risk analysis systems by customs authorities governed by the the World Customs Organization (WCO) around the globe. However...

In 2010, the first economic adjustment program began offering a blueprint for economic recovery and a feasible way for Greece to emerge from the crisis. The authors show that Greece neither overcame its structural weaknesses nor developed export industries as a driver of growth in the course of...

Die wirtschaftlichen Beziehungen der EU zu Russland werden bisher dominiert von Öl- und Gasimporten der EU einerseits und Investitionsgüterimporten Russlands andererseits. Die unmittelbar bevorstehende russische Mitgliedschaft in der Welthandelsorganisation (WTO) wird den Handel insgesamt...

Die fortschreitende europäische Integration führt tendenziell zu einer Annäherung der Preise von Gütern und Dienstleistungen. Mit der Erweiterung der EU hat sich dieser Prozess etwas beschleunigt. Der Beitritt der mittel- und osteuropäischen Länder beeinflusst die Preiskonvergenz auf...