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experience. The general finding is that trade matters more than migration, which is contrary to the public attention both …The paper investigates the relative importance of trade and immigration for earnings and job mobility of male German … exhibits a positive effect. Trade seems to depress occupational mobility and internal movement, but stimulates inter …
Persistent link: https://www.econbiz.de/10005114454
economic activity, especially international trade. Yet nothing is known empirically about these effects in large samples. We … study the effects of war on bilateral trade for almost all countries with available data extending back to 1870. Using the … gravity model, we estimate the contemporaneous and lagged effects of wars on the trade of belligerent nations and neutrals …
Persistent link: https://www.econbiz.de/10005504411
. Service trade, however, like goods trade, is subject to strong distance effects, implying that the remote supply of services … remains limited. We investigate this proposition by deriving a gravity-like equation for service trade and estimating it for a … large sample of countries and different categories of service trade. We find that distance costs are high but are declining …
Persistent link: https://www.econbiz.de/10005666777
The paper assesses the trade-creating impact of foreign-born residents on the international imports and exports of the … French regions where they are settled. The pro-trade effect of immigrants is investigated along two intertwined dimensions …: the complexity of traded goods and the quality of institutions in partner countries. The trade-enhancing impact of …
Persistent link: https://www.econbiz.de/10005661510
In this paper we test the well-known hypothesis of Obstfeld and Rogoff (2000) that trade costs are the key to … fundamental revision of Obstfeld and Rogoff’s argument. A further novelty of our work is in tying bilateral trade behaviour to … desired aggregate trade balances and desired intertemporal trade. …
Persistent link: https://www.econbiz.de/10005497776
Current orthodoxy suggests that the Industrial Revolution began in Europe because European institutions promoted comparatively high levels of market efficiency. This Paper compares the actual efficiency of markets in Europe and China, two regions of the world that were relatively advanced in the...
Persistent link: https://www.econbiz.de/10005114184
Incomplete information in the international market creates difficulty in matching agents with productive opportunities … not be eliminated and domestic resource supplies may have excessive influence on domestic resource prices. Information …-sharing networks among internationally dispersed ethnic minorities or business groups can improve the allocation of resources, though …
Persistent link: https://www.econbiz.de/10005656309
on migration decisions, we rely on the concepts of migration networks and herd effects. … roles ‘other people’ play in influencing an individual’s potential migration decision. In analysing the influence of others …
Persistent link: https://www.econbiz.de/10005666772
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure …, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. We are interested … in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. We depart from …
Persistent link: https://www.econbiz.de/10005789157
In this paper we study the economic effects of risk attitudes, time preferences, trust and reciprocity while we compare …
Persistent link: https://www.econbiz.de/10008854486