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The paper develops a model of proportionate growth to describe the dynamics of the network of international trade flows. We show that a large number of the empirical regularities characterizing international trade - such as the fraction of zero trade flows across pairs of countries, the positive...
Persistent link: https://www.econbiz.de/10013143961
Not surprisingly, big countries trade more than small countries. In this paper we use data on shipments by 110 exporters to 59 importers in 5,000 product categories to ask: how? Do big countries trade larger quantities of a common set of goods (the intensive margin), a larger set of goods (the...
Persistent link: https://www.econbiz.de/10013231995
A substantial amount of theoretical work predicts that quality plays an important role as a determinant of the global patterns of bilateral trade. This paper develops an empirical framework to estimate the empirical relevance of this prediction. In particular, it identifies the effect of quality...
Persistent link: https://www.econbiz.de/10013238738
We explore the relationship between greater exposure to trade (as measured by openness) and child labor in a cross country setting. Our methodology accounts for the fact that trade flows are endogenous to child labor (and labor standards more generally) by examining the relationship between...
Persistent link: https://www.econbiz.de/10013240982
This paper explores the role that quality of infrastructure has on a country's trade performance, estimating a gravity model that incorporates bilateral tariffs and a number of indicators for the quality of infrastructure. The paper looks at the impact of the quality of infrastructure (road,...
Persistent link: https://www.econbiz.de/10014056561
international trade. As world trade is set to rebound, this paper addresses three questions: (i) Will trade volumes rebound in a … symmetric fashion as world economic growth rebounds? (ii) Will the crisis result in a change in the structure of trade, and in …
Persistent link: https://www.econbiz.de/10012551512
This paper presents long-term trade scenarios for the world economy up to 2060 based on a modelling approach that … combines aggregate growth projections for the world with a detailed computable general equilibrium sectoral trade model. The …. Slower educational upgrading in key emerging economies than expected in the baseline scenario could reduce world exports by 2 …
Persistent link: https://www.econbiz.de/10012449746
Persistent link: https://www.econbiz.de/10014545327
The paper reviews a number of issues related to the use of currencies in international trade, more than one decade after the introduction of the euro and shortly after steps taken by the Chinese authorities to liberalize the use of the RMB in off-shore markets. Trade is an important factor in...
Persistent link: https://www.econbiz.de/10012883458
modelling approach and estimation results for the trade submodels are presented in some detail and simmulation results for the …
Persistent link: https://www.econbiz.de/10011444754