In this paper we compare the patterns of trade and financial integration by exploiting network analysis. Our results … on the topological structure and properties of the international trade and financial networks (ITN and IFN). We find that … central ones and use them as hubs to access the rest of the network. -- International Trade ; International Financial Flows …

This paper tests for one mechanism that can explain the existence of a language barrier to trade. Specifically, I ask … if those industries that require more cross-border communication in order to export their products trade more between … Canadian provinces that know the other's language(s). I find that trade in industries with a need to communicate directly …

-enhanced characteristics of international trade: the novel evidence suggests the firm-level currency choice "mimicking" between the firms and …

questions about the future stability of EMU. -- output synchronisation ; trade intensity ; endogeneity ; European Monetary Union …

This paper documents the novel fact that Regional Trade Agreements (RTA) decrease bilateral trade imbalances as … measured by conventional measure of the net export share in gross trade. While on average an RTA decreases bilateral trade … imbalance by 7%, greater trade integration through a deeper RTA is associated with a reduction of up to 50% among the sample of …

This paper shows that a regional bias resulting from trade integration alters the transmission of a countryś monetary … simple model which illustrates how a concentration of trade flows among regional trading partners affects the sensitivity of … the trade balance to the terms-of-trade. In particular, the trade balance becomes less sensitive to the terms-of-trade vis …