Analysing data on values and unit values of bilateral trade flows at a very detailed level (some 10,000 product items), we examine the nature of intra-EC trade over the period 1980-94, identify its general determinants and then estimate the specific impact of the Single European Market...

The monetary union issue, when assessed with the traditional inferences for optimal currency areas, misses an important dimension. Increased specialisation induced by reduced transaction costs, suggested by Krugman's “lessons of Massachusettsâ€, is only a part of the story. Even if...

[fre] Marché unique et développement des échanges Contrairement à la théorie classique du commerce international, la première vague d'intégration européenne ne s'est pas traduite par un développement du commerce inter-branche reflétant une spécialisation accrue des pays . membres dans...

Global trade contracted quickly and severely during the global crisis. This paper uses a unique dataset of French firms to match export data to firm-level credit constraints and shows that most of the 2008–2009 trade collapse was due to the unprecedented demand shock and to product...

Over the past two decades, international trade has become a privileged engine of growth for much of the developing world. With the global economy evolving continuously and rapidly, countries must pay close attention to their positioning on the map of global trade and production. Within this...

Composite indicators are synthetic indices of individual indicators and are increasingly being used to rank countries in various performance and policy areas. Using composites, countries have been compared with regard to their competitiveness, innovative abilities, degree of globalisation and...

Venture capital has grown significantly in most OECD countries during the 1990s, and is increasingly associated with improved firm performance in terms of survival rates, innovation and growth. This paper compares venture capital activity across OECD countries by taking into account...

Composite indicators are synthetic indices of individual indicators and are increasingly being used to rank countries in various performance and policy areas. Using composites, countries have been compared with regard to their competitiveness, innovative abilities, degree of globalisation and...