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The link between regional integration and intra-industry trade (IIT) has been under scrutiny since it has been first suggested by the European integration process. However, the lack of reliable data and the difficulty to find a robust model for IIT made this relationship difficult to prove. This...
Persistent link: https://www.econbiz.de/10011112588
centrality bias along the margins of our data, we find that the by far largest part of this aggregation bias can be attributed to … Verzerrung aus einer hierarchischen Industrieverteilung und der Aggregation von branchenspezifischen Handelsströmen über genau …
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homogeneous and heterogeneous traffic flows, based on a minimum space rule. For longer vehicles, this implies occupation of …This paper presents a model for heterogeneous traffic at simple X and T-intersections of a single lane and two lane …. The heterogeneous traffic consists of both short (e.g. cars) and long (buses/trucks or equivalent) vehicles and is …
Persistent link: https://www.econbiz.de/10010931529
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We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10010298848
Economic activities are highly clustered. Why is geographic con-centrationbecoming a predominant feature of modern economies? Onthe basis of the empirical models developed by the 'new' theories ofinternational trade, our answer is that increasing returns are the driv-ingforce of economic...
Persistent link: https://www.econbiz.de/10011335693
We present a factor-proportions trade model in which heterogeneous firms can offshore intermediate inputs subject to …
Persistent link: https://www.econbiz.de/10011388202
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...
Persistent link: https://www.econbiz.de/10011400598
In a game between two exporting countries, both countries may be better off if they both delegate to policymakers who maximise tax revenue rather than welfare. However, both countries delegating to policymakers who maximise revenue is not necessarily a Nash equilibrium. The game may be a...
Persistent link: https://www.econbiz.de/10010322791