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This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade … to 2018. Our results suggest that an increase in unilateral uncertainty affects average trade costs in a heterogeneous … manner, depending on whether the uncertainty originates from the importing or exporting country. Moreover, using a cross …
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This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade … to 2018. Our results suggest that an increase in unilateral uncertainty affects average trade costs in a heterogeneous … manner, depending on whether the uncertainty originates from the importing or exporting country. Moreover, using a cross …
Persistent link: https://www.econbiz.de/10014233567
We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs - measured by linguistic and geographical proximity - are more relevant for trade that reflects cross-border...
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