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Results of previous studies on the correlation between exchange rate changes and trade balance are unpersuasive. The present endeavor tries to understand the direct ion of changes between trade balance and exchange rate and how the depreciation in exchange rate takes place by incorporating the...
Persistent link: https://www.econbiz.de/10011213292
class of trade models that satisfy a "gravity equation," the welfare gains from trade can be computed using only the open …
Persistent link: https://www.econbiz.de/10010821967
A deranged publisher decided to produce a volume of some of my papers and asked me to write some comments. Since these amount to a summary of my views about international trade theory over the latest forty years or so, I’m giving the comments a separate alternative existence as a discussion paper.
Persistent link: https://www.econbiz.de/10010822890
This paper is built on Venables (2011) theoretical predictions which show that gains from regional integration are unevenly distributed between resource rich and poor countries. We explore the effects of different integration schemes inMiddle East and North Africa. Results suggest that within...
Persistent link: https://www.econbiz.de/10010827736
In this paper we explore the BACI-CEPII database using Network Analysis. Starting from the visualization of the World Trade Network, we then define and describe the topology of the network, both in its binary version and in its weighted version, calculating and discussing some of the commonly...
Persistent link: https://www.econbiz.de/10010827773
This paper is built on Venables (2011) theoretical predictions which show that gains from regional integration are unevenly distributed between resource rich and poor countries. We explore the effects of different integration schemes in Middle East and North Africa. Results suggest that within...
Persistent link: https://www.econbiz.de/10010827776
class of trade models that satisfy a "gravity equation," the welfare gains from trade can be computed using only the open …
Persistent link: https://www.econbiz.de/10010733691
Quantitative results from a large class of structural gravity models of international trade depend critically on the …
Persistent link: https://www.econbiz.de/10010738188
The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its implications for how nations should conduct their trade policy. For example, should import sectors with weaker comparative advantage be protected more? Conversely, should export sectors...
Persistent link: https://www.econbiz.de/10010796743
En este trabajo se desarrolla una reconstrucción completa de la parte real del modelo ricardiano de comercio internacional. Esta permite demostrar que la participación de la demanda de cada bien en el gasto total y el tamaño relativo de las economías son los factores clave en la...
Persistent link: https://www.econbiz.de/10010763820