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us to assess the importance of connectivity for the Pacific's trade performance. Using a gravity model approach, we find …
Persistent link: https://www.econbiz.de/10010895305
Cross-border mergers and acquisitions (M&As) have increased dramatically over the last two decades. This paper analyses the role of trade costs in explaining the increase in both the number and the value of cross-border mergers and acquisitions. In particular, we distinguish horizontal and...
Persistent link: https://www.econbiz.de/10010332952
How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation …
Persistent link: https://www.econbiz.de/10011887383
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity … to be zero. I test the translog gravity equation and find strong empirical support in its favor. In an application to the …
Persistent link: https://www.econbiz.de/10010270479
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade significantly more with each other than countries using different languages, holding other factors constant. In this paper, we show that this trade-promoting effect of language...
Persistent link: https://www.econbiz.de/10010312852
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade significantly more with each other than countries using different languages, holding other factors constant. In this paper, we show that this trade-promoting effect of language...
Persistent link: https://www.econbiz.de/10010319563
How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation …
Persistent link: https://www.econbiz.de/10011867116
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade significantly more with each other than countries using different languages, holding other factors constant. In this paper, we show that this trade-promoting effect of language...
Persistent link: https://www.econbiz.de/10010877639
and developed) and industries, during the period 1980-2006. We use a micro-founded heterogeneous-consumers model to … fragmentations have however experienced a noticeable fall since 1980 in both Southern and Northern markets, and in all industries. It …
Persistent link: https://www.econbiz.de/10009391550
and developed) and industries, during the period 1980-2006. We use a micro-founded heterogeneous-consumers model to … fragmentation have however experienced a noticeable fall since 1980 in both Southern and Northern markets, and in all industries. It …
Persistent link: https://www.econbiz.de/10009391777