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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
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/10009404630
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …. I test the translog gravity equation and find strong empirical support in its favor. …
Persistent link: https://www.econbiz.de/10009643556
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …. I test the translog gravity equation and find strong empirical support in its favor. …
Persistent link: https://www.econbiz.de/10008596576
's' bilateral trade forin the Post-Soviet period under a gravity framework according to in terms of a combination of monadic …
Persistent link: https://www.econbiz.de/10010667196
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 the number of cross-border mergers and acquisitions. In particular, we distinguish horizontal and non-horizontal M&As and...
Persistent link: https://www.econbiz.de/10005067607
This paper develops a method to measure difficulties in market access over a large set of industries and countries … have however experienced a noticeable fall since 1980 in all industries. It is twenty three times easier to enter Northern …
Persistent link: https://www.econbiz.de/10010594980
This paper derives a micro-founded gravity equation based on a translog demand system that allows for flexible … substitution patterns across goods. In contrast to the standard CES-based gravity equation, translog gravity generates an … trade flows predicted to be zero. I test the translog gravity equation and find empirical evidence that is in many ways …
Persistent link: https://www.econbiz.de/10010617223