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Using a gravity model, this study examines trade patterns of two isolated economies - Myanmar and North Korea. This study finds that two countries' trade is basically consistent with the prediction of the gravity model. However, economic sanctions toward these countries imposed by the U.S. and...
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International trade and fragmentation of production lead to increased trade in intermediate goods. Increased multi-stage production promotes the formation of free-trade agreements (FTA). In this paper, the relationship between intermediates trade and FTAs is examined with a two-step Pseudo...
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This paper derives a gravity equation for commuter flows from a spatial labor market model based on the seminal trade paper by Anderson and Van Wincoop (2003) and uses it to identify the effect of regional borders on commuting. This approach allows us to identify the relevant control variables...
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