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Recent work suggests the patterns of international trade may be distorted because of information frictions. Little is known, however, about how advancements in information communication technology (ICT) affect trade patterns. The goal of our paper is to analyze how and why the adoption of such...
Persistent link: https://www.econbiz.de/10011797041
The proposed Trans-Pacific Partnership (TPP) is a free trade agreement among 12 Pacific Rim countries whose joint gross domestic products (GDPs) account for 36 percent of world GDP and whose mutual trade accounts for approximately 24 percent of world trade. As for most proposed free trade...
Persistent link: https://www.econbiz.de/10011764996
In this paper we study the effect of the single currency across industries for euro area members. This analysis may help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these factors are specific to individual sectors and/or countries or...
Persistent link: https://www.econbiz.de/10013132149
In this paper we study the effect of the single currency across industries for Euro Area members. This analysis may help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these factors are specific to individual sectors and/or countries or...
Persistent link: https://www.econbiz.de/10012725827
This paper provides new empirical evidence of the "euro effect" on bilateral trade by allowing for a heterogeneous impact on "new" and "old" EMU members. By applying a Poisson estimator and focusing on a sample of 38 countries, our results show a statistically insignificant euro's effect on...
Persistent link: https://www.econbiz.de/10011772025
This paper determines which are, among different type of gravity model, those best adapted to the study of the evolution of trade of several economic areas and of the heterogeneity of the behaviors of the countries constitutive of these zones (fixed effect model; random effect model; model with...
Persistent link: https://www.econbiz.de/10005379179
Persistent link: https://www.econbiz.de/10014048986
This paper addresses the intra-regional trade of the countries of the Gulf Cooperation Council (GCC), namely, the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. We have found that the intra-regional trade is still at a modest level, where the trade intensity index showed...
Persistent link: https://www.econbiz.de/10009671892
Based on the gravity model by Baier and Bergstrand (2001), we use a static and dynamic panel approach to estimate the determinants of the growth of intra-EU trade from 1960 to 2000. The results suggest that income growth was the major force, accounting for approximately two-thirds of total...
Persistent link: https://www.econbiz.de/10014070248
This study examines the determinants of intra-trade between Sub-Saharan African members of the Organization of Islamic Cooperation (SSA-OIC) and analyzes the impact of the OIC membership on intra-trade promotion through the gravity model approach for panel data during the period (2002-2016). The...
Persistent link: https://www.econbiz.de/10014265017