. Unilateral decoupling of the EU from China (a doubling of trade costs) would reduce real income in the EU on average by 0 … decline by 1.4 percent (48.4 bn EUR). China would also lose from such a trade war, with real income declining by 1.3 percent …. Should the EU increase its trade barriers against all its non-European trading partners, real income in the Union would fall …

Handel. Exportorientierte Staaten verzeichnen Handelsrückgänge im Vergleich zum Vorjahr zwischen 7.9% in Deutschland bis zu … 24% in Südkorea. Der Handel europäischer Länder untereinander sinkt weniger als mit dem Rest der Welt. Exporte in andere … Amerika, was auf einen längeren Trend des Handelsrückgangs hinweist. Im ersten Quartal 2020 sank Chinas Handel deutlich mit …

This policy brief examines the effects of the Covid19 pandemic on international trade. Major exporting economies have … logistical bottlenecks are being solved, low demand puts pressure on trade activity. The shipping industry has reduced its … activity around Europe, Asia and America by up to -10% pointing to a prolonged reduction in trade. Over the first quarter of …

negative, but they are also influenced most by the global financial crisis. Finally, we find a significant link between trade …

This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach … than previous results. They confirm the existence of a strong causal effect of trade on growth but fail to find evidence … for trade as an independent factor of divergence. Hence, one cannot blame trade as such for the disappointing performance …

When, about twenty years ago, the Euro was created, one objective was to facilitate intra-European trade by reducing … transaction costs. Has the Euro delivered? Using sectoral trade data from 1995 to 2014 and applying structural gravity modeling … trade effect for goods of almost 8 percent, but a much smaller effect for services trade. Digging deeper, we detect …

countries between 1990 and 1999. It is shown that intraindustry trade actually causes the convergence of business cycles, while … there is no direct relation between business cycles and bilateral trade intensity. As far as intraindustry trade is … positively correlated with trade, the OCA endogeneity hypothesis is confirmed, although the argumentation follows Krugman (1993 …

In theoretical trade models with variable markups and collective wage bargaining, export exposure may reduce the …