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Exploring the intensive and extensive margins of world trade

Felbermayr, Gabriel J.; Kohler, Wilhelm K. - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a ?cornersolutions- version? of the gravity model to …

Persistent link: https://www.econbiz.de/10010274453

Does WTO membership make a difference at the extensive margin of world trade?

Felbermayr, Gabriel; Kohler, Wilhelm K. - 2007

estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose's results seem to indicate. …

Persistent link: https://www.econbiz.de/10010274458

Population growth and multiple equilibria: Inferences from a modified Ramsey model

Lehmijoki, Ulla - 2011

The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...

Persistent link: https://www.econbiz.de/10010274561

Ethnic fragmentation, conflict, displaced persons and human trafficking: An empirical analysis

Akee, Randall K. Q.; Basu, Arnab K.; Chau, Nancy H.; … - 2010

Ethnic conflicts and their links to international human trafficking have recently received a surge in international attention. It appears that ethnic conflicts exacerbate the internal displacement of individuals from networks of family and community, and their access to economic and social...

Persistent link: https://www.econbiz.de/10010274570

Economic governance of MFIs: Inside the black box

Arun, Thankom; Annim, Samuel Kobina - 2010

This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs the important role of other institutions such as country-level business registry...

Persistent link: https://www.econbiz.de/10010274571

Which institutions encourage entrepreneurs to create larger firms?

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - 2011

We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...

Persistent link: https://www.econbiz.de/10010274639

Institutions and economic performance: What can be explained?

Commander, Simon; Nikoloski, Zlatko - 2010

Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms. We look at three 'levels' of institutions and associated...

Persistent link: https://www.econbiz.de/10010274658

From estimation resultsto stylized facts: Twelve recommendations for empirical research in international activities of heterogeneous firms

Wagner, Joachim - 2010

Heterogeneous firms are at the heart of both the New New International Trade Theory and the Micro-econometrics of International Firm Activities. One important aim of microeconometric studies is to uncover stylized facts that hold over space and time, and that can both inspire theoretical models...

Persistent link: https://www.econbiz.de/10010274662

Do natural disasters affect human capital? An assessment based on existing empirical evidence

Baez, Javier; de la Fuente, Alejandro; Santos, Indhira - 2010

The last few years have seen a notable increase in the number of studies investigating the causes and effects of natural disasters in many dimensions. This paper seeks to review and assess available empirical evidence on the ex-post microeconomic effects of natural disasters on the accumulation...

Persistent link: https://www.econbiz.de/10010274681

Culture, institutions and the wealth of nations

Gorodnichenko, Yuriy; Roland, Gerard - 2010

We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...

Persistent link: https://www.econbiz.de/10010274699