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The present paper studies the modelling of inter-regional trade flows in the newly developed general equilibrium model of European Commission, Rhomolo. In contrast to international trade, usually, trade of goods and services between regions is not recorded statistically. As a result, no...
Persistent link: https://www.econbiz.de/10011523989
While much has been said about the need to promote intraregional trade and the importance of reducing associated trade costs, quantitative estimates of such costs have been lacking. In this paper a new comprehensive measure of international trade costs is applied to calculate, according to...
Persistent link: https://www.econbiz.de/10010888026
This paper establishes that production unbundling has coincided with an inscreasing role of input costs in shaping the pattern of comparative advantage. I show that the wedge in the cost of the input bundle across countries in a multisectoral Ricardian model is given by a composite index of...
Persistent link: https://www.econbiz.de/10010932908
This paper establishes that production unbundling has coincided with an inscreasing role of input costs in shaping the pattern of comparative advantage. I show that the wedge in the cost of the input bundle across countries in a multisectoral Ricardian model is given by a composite index of...
Persistent link: https://www.econbiz.de/10010932925
GeoDist makes available the exhaustive set of gravity variables used in Mayer and Zignago (2005). GeoDist provides …_cepii)and a dyadic one (dist_cepii) including a set of different distance and common dummy variables used in gravity equations to …
Persistent link: https://www.econbiz.de/10009644848
The present paper studies the modelling of inter-regional trade flows in the newly developed general equilibrium model of European Commission, Rhomolo. In contrast to international trade, usually, trade of goods and services between regions is not recorded statistically. As a result, no...
Persistent link: https://www.econbiz.de/10012172841
In this paper we study the impact of digitalization on trade costs in 58 economies over the period 2014 - 2018. Improvements in digital connectivity can reduce trade costs through multiple channels, including better access to information, lower transaction costs, the reduced need for business...
Persistent link: https://www.econbiz.de/10014432117
In this paper we examine how trade liberalization affects collusive stability in the context of multimarket interactions. The model we consider is a segmented-markets duopoly with differentiated goods in which price-setting firms pool their incentive constraints across markets to sustain their...
Persistent link: https://www.econbiz.de/10010573883
The object of this paper is to study the evolution of trade costs and of the agglomeration of production, as well as their relation. The Home Market Effect prescribes increasing agglomeration when trade costs decrease because it is supposed to strengthen. We study the joint variation of trade...
Persistent link: https://www.econbiz.de/10009002621
The present paper studies the modelling of inter-regional trade flows in the newly developed general equilibrium model of European Commission, Rhomolo. In contrast to international trade, usually, trade of goods and services between regions is not recorded statistically. As a result, no...
Persistent link: https://www.econbiz.de/10008567699