In a very dynamic and volatile business environment, multinational companies view the intra-company exchange as a factor of developing the enterprise’s capacities and total revenue growth. The paper is aimed at performing econometric evidence of the total revenues of “Tondach” company,...

International trade and migration are two important dimensions of globalization. Although governments have been very willing to open their borders to trade, they have not been so liberal in their immigration policies. It has been suggested, however, that a causal positive link might exist...

Since the 1990s, the clothing and textile (C&T)-industry has been tremendously affected by changes in technology, trade costs, and the institutional environment. This paper studies the restructuring of C&T-trade from the perspective of Europe's two most prominent C&T-goods producing...

This paper compares various estimation methods often used in the estimation of gravity models of international trade. The authors first discuss different structural and consistent estimation techniques, their underlying assumptions and their impact on estimated coefficients. They then estimate...

While the financial crisis of 2008-2009 led to the great collapse of international trade, the European debt crisis in 2010-2013 did not have such a drastic impact on trade. The collapse has been studied a lot in recent empirical literature, but the European debt crisis has not been investigated...

This paper looks at a hitherto neglected extensive margin of international trade by investigating for the first time the frequency at which German exporters and importers trade a given good with a given country. Imports and exports show a high degree of lumpiness. In a given year about half of...

This paper empirically investigates the impact of change in exchange rate on export and import flows between Slovakia and its major trading partners. Devaluation or depreciation of a currency worsens the trade balance before improving it, resulting in a J-curve pattern. For the purpose of this...

This study examines the nexus between foreign trade and economic growth in Nigeria using quarterly time-series data for 1981Q1 through 2010Q4. In order to fully account for feedbacks, a vector autoregressive model is utilized. The results show that there is a stable, long- run relationship...

Trade asymmetry is a well-known fact and there are extensive reports and literature about the causes for those asymmetries. There is also a recognised effort made by trade statisticians to mitigate trade asymmetry over time. Notwithstanding the positive achievements that have been made so far,...

This paper reconsiders the Balassa-Samuelson (BS) hypothesis. We analyze an OECD country panel from 1970 to 2008 and compare three data sets on sectoral productivity, including newly constructed data on total factor productivity. Overall, our within- and between-dimension estimation results do...