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We propose a structural alternative to the Economic Complexity Index (ECI, Hidalgo and Hausmann 2009; Hausmann et al. 2011) that ranks countries by their complexity. This ranking is tied to comparative advantages. Hence, it reveals information different from GDP per capita on the deep underlying...
Persistent link: https://www.econbiz.de/10013342030
traditional estimation techniques and recent developments in the econometric analysis of the gravity equation, we find robust …
Persistent link: https://www.econbiz.de/10011575604
Russia profited from the rise in the percentage of English speakers. Further, in a re-estimation of Fidrmuc and Fidrmuc (2016 …
Persistent link: https://www.econbiz.de/10013342071
The present paper studies the modelling of inter-regional trade flows in the newly developed general equilibrium model of European Commission, Rhomolo. In contrast to international trade, usually, trade of goods and services between regions is not recorded statistically. As a result, no...
Persistent link: https://www.econbiz.de/10012172841
for marginal responses of trade flows to changes in trade costs, for gravity-type estimation of trade models, and for …
Persistent link: https://www.econbiz.de/10013341605
Terrorist events typically vary along many dimensions, making it difficult to identify their economic effects. This paper analyzes the impact of terrorism on international trade by examining a series of three large-scale terrorist incidents in France over the period from January 2015 to July...
Persistent link: https://www.econbiz.de/10012438085
from UPS and by applying instrument variable estimation techniques. Our results reveal that distance affects trade beyond …
Persistent link: https://www.econbiz.de/10011543259
Persistent link: https://www.econbiz.de/10014428412
Persistent link: https://www.econbiz.de/10011634181
Nonlinear estimation of the gravity model with Poisson/negative binomial methods has become popular to model … the count and the logit process. Applying this estimation strategy to a cross-section of bilateral trade flows between a …
Persistent link: https://www.econbiz.de/10011881105