Trade finance matters for trade, and when financial markets and world trade collapsed three years ago, a shortage in … trade finance was hailed as a possible culprit. Because of the potential for global repercussions, world leaders called on … mitigate the impacts of the crisis. Then the economy bounced back, and trade picked up. But what did we learn from the crisis …

trade theory. Although the latter has experienced an impressive development in the last ten years, a comprehensive analysis …

facilitating piracy. Piracy rates may significantly affect both internal demand and international trade of cultural goods. This … paper aims to empirically assess the effect of digital piracy on bilateral trade in cultural goods. We focus on trade in … music and media. Analysing an 11-year panel of 25 countries, we find that piracy does affect negatively bilateral trade …

both internal and international trade of cultural goods. This paper aims to empirically assess the effect of digital piracy … on bilateral trade in cultural goods. We focus on trade in music, films and media. Analysing an 11-year panel of 25 … countries, we find that piracy does affect bilateral trade, but to varying extents. …

This paper is an attempt to use the Hausman-Taylor (HT) estimation to examine the determinants of trade flows of Asean … Free Trade Area (AFTA). Based on the two-way error component form of the gravity model, we employ the HT technique to … interestingly, trade is higher between countries of identical preferences than those of different ones. Secondly, the most crucial …

Traditional trade models ignoring the dimension of product quality generally lead to excessively low trade price … elasticities. In this paper, we show that higher estimated trade price elasticities, more in conformity with theory, can be … obtained by controlling product quality in trade equations. To do so, we have estimated trade equations including a product …

structural change impacts on inequality for a sample of advanced, emerging, and transition economies. Trade liberalization … found that the process of structural change increases income inequality, while trade liberalization and FDI inflows help to …

structural change impacts on inequality for a sample of advanced, emerging, and transition economies. Trade liberalization … found that the process of structural change increases income inequality, while trade liberalization and FDI inflows help to …