Showing 1 - 10 of 2,535
Globalization has led to huge increases in import volumes, but the literature on import forecasting is still in its … infancy. We introduce the first leading indicator especially constructed for total import growth, the so-called Import Climate …. It builds on the idea that the import demand of the domestic country should be reflected in the expected export …
Persistent link: https://www.econbiz.de/10011872136
the best-performing indicators beat a well-specified benchmark model in terms of forecast accuracy. It turns out that four …
Persistent link: https://www.econbiz.de/10012861426
the best-performing indicators beat a well-specified benchmark model in terms of forecast accuracy. It turns out that four …
Persistent link: https://www.econbiz.de/10012141047
Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has … general-equilibrium system. Next, we point out some anomalies with the theory: mounting evidence against constant trade …
Persistent link: https://www.econbiz.de/10012839359
Modern quantitative theories of international trade rely on the probabilistic representation of technology and the assumption of the Law of Large Numbers (LLN), which ensures that when the number of traded goods goes to infinity, trade flows can be expressed via a deterministic gravity equation...
Persistent link: https://www.econbiz.de/10012822695
direction. We estimated the standard import equation for 38 advanced and developing countries over the period 1995-2015, using … an import intensity-adjusted measure of aggregate demand (IAD), calculated from input-output tables at country level, and …
Persistent link: https://www.econbiz.de/10011931978
direction. We estimated the standard import equation for 38 advanced and developing countries over the period 1995-2015, using … an import intensity-adjusted measure of aggregate demand (IAD), calculated from input-output tables at country level, and …
Persistent link: https://www.econbiz.de/10012908674
We review the literature on geoeconomics, defined as the field of study that links economics and geopolitics (power rivalry). We describe what geoeconomics is and which questions it addresses, focusing on five main subfields. First, the use of geoeconomic policy tools such as sanctions and...
Persistent link: https://www.econbiz.de/10015211272
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...
Persistent link: https://www.econbiz.de/10010274793
Using annual bilateral data over the period 1988-2011 for a panel of 24 industrialised and emerging economies, we analyse in a time-varying framework the determinants of output synchronisation in EMU (European Monetary Union) distinguishing between core and peripheral member states. The results...
Persistent link: https://www.econbiz.de/10010292703