The relationship between geography and trade is a central topic in international economics. This paper investigates the potential existence of a continental bias in world trade flows on a sample of 182 countries over the period 1990-2006. Using traditional estimation techniques and recent...

This paper investigates whether and to what extent nonreciprocal preference regimes have increased developing countries’ exports to richer countries. Moreover, it analyzes how they have affected donors’ exports to beneficiary countries. Using recent developments in the econometric...

In this paper, we propose a new methodology for the assessment of EU’s regional policies, making use of the HERMIN macro econometric model. A major feature of our approach is that allows us to compare the actual evolution of the economy under analysis, with and without European funds, so that...