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The article uses continuous wavelet analysis for the study of certain export-import time series. It is a novel methodology, with the promise, inter alia, to detect features of processes that may remain hidden for traditional methodologies. The application of wavelets has been rapidly increasing...
Persistent link: https://www.econbiz.de/10011944918
The article uses continuous wavelet analysis for the study of certain export-import time series. It is a novel methodology, with the promise, inter alia, to detect features of processes that may remain hidden for traditional methodologies. The application of wavelets has been rapidly increasing...
Persistent link: https://www.econbiz.de/10011714213
Despite the strong pace of globalization, the distance effect on trade is persistent or even growing over time (Disdier … time. The distance puzzle thus arises from a growing bias of OLS estimates. The latter is explained by globalization more …
Persistent link: https://www.econbiz.de/10009747451
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …
Persistent link: https://www.econbiz.de/10011586305
Persistent link: https://www.econbiz.de/10011492271
Pacific economies are confronted with several structural constraints that limit their economic growth, most importantly their small size and remoteness from major world markets. In this paper we study the importance of transport connectivity for Pacific economies when participating in the world...
Persistent link: https://www.econbiz.de/10011310996
This paper investigates the process of trade integration between the enlarged European Union and the Newly Independent States (NIS), focusing on the new EU member states (NMS) and selected NIS (Russia, Ukraine, Belarus, Moldova and Kazakhstan). The paper analyses the evolution of the regional...
Persistent link: https://www.econbiz.de/10011345408
We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy. In particular, we apply the most recent data and trade elasticity estimates to the Ricardian model of Caliendo...
Persistent link: https://www.econbiz.de/10012014512
Russia is shown to have every reason to seek special consideration of, as well as express its concerns over, the impact of the European Union's (EU) eastern enlargement. The latter relate, in particular, to the current and expected negative repercussions of the changes in the political and...
Persistent link: https://www.econbiz.de/10012100074
Fundamental changes in the global trade landscape in terms of considerably expanding trade volumes and rapidly advancing global fragmentation of production processes have opened up new opportunities for many economies. The ensuing analysis determines whether these new opportunities have actually...
Persistent link: https://www.econbiz.de/10012100133