This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 to 2018. Our results suggest that an increase in...

Part I. World and Global Economy -- Chapter 1. World and Global Economy, Global Business Environment and International Business: Nature, Formation, and Structure -- Chapter 2. Concepts and Theories of Global Economy -- Chapter 3. World Economy: Growth, Proportions, Efficiency, and Forecasting --...

This paper develops a framework to study the interplay between world trade and interest rates. The model incorporates an explicit notion of time and of production length, along the lines of the 'Austrian' tradition of Böhm-Bawerk (1889). Changes in the interest rate affect production lengths,...

"With the asymmetric impact of the coronavirus on international trade and the methods of entry into foreign markets, together with the future prospects of global trade in an era of globalization, this book addresses topics on the field of International business and internationalization."

This paper quantifies the impact of hurricanes on seaborne international trade to the United States. Using geocoded hurricane data mapped to satellite tracking data for commercial ships, we identify hurricane intersections on sea-trade routes between U.S. and foreign ports. Matching the timing...