Recent panel studies have found relatively high estimates for the elasticity of real exchange rates with respect to productivity measures in transition economies within Balassa- Samuelson frameworks. This contrasts with other findings reporting cross-section price-income elasticity estimates to...

Recent empirical studies have been searching for evidence on and driving forces for offshoring. Typically, this search has been conducted by analysing gross trade flows related to offshored activities using gravity equations augmented by ad hoc measures of supply-side country differences. This...

Trade policy has well documented effects on trade volumes. Reaching beyond volumes, I explore the impact of European emerging economies' recent institutional trade liberalisation on extensive (i.e., the set of imported goods) versus intensive import margins (volumes per imported good) with...