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International trade integration : a disaggregated approach
Chen, Natalie (contributor); Novy, Dennis (contributor) - 2009
trade barriers for manufacturing industries in European Union countries between 1999 and 2003. We find a large degree of … trade cost heterogeneity across industries. The most important trade barriers are transportation costs and policy factors …
Persistent link: https://www.econbiz.de/10003867934
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Epidemic trade
Börner, Lars; Severgnini, Battista - 2011
Black Death struck most areas of Europe and the wider Mediterranean. Based on a modified version of the gravity model, we … the importance and causes of medieval trade. -- Trade ; Middle Ages ; Black Death ; Gravity model ; Poisson regression …
Persistent link: https://www.econbiz.de/10009242313
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The Connection between Imported Intermediate Inputs and Exports: Evidence from Chinese Firms
Swenson, Deborah L.; Feng, Ling; Li, Zhiyuan - National Bureau of Economic Research (NBER) - 2012
exports of firms operating in high R&D intensity industries. Taken together, these results suggest that product upgrading …
Persistent link: https://www.econbiz.de/10010951193
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What Lies Beneath the Euro's Effect on Financial Integration: Currency Risk, Legal Harmonization, or Trade?
Kalemli-Ozcan, Sebnem; Papaioannou, Elias; Peydró, … - National Bureau of Economic Research (NBER) - 2009
Although recent research shows that the euro has spurred cross-border financial integration, the exact mechanisms remain unknown. We investigate the underlying channels of the euro's effect on financial integration using data on bilateral banking linkages among twenty industrial countries in the...
Persistent link: https://www.econbiz.de/10005025638
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Estimating Trade Elasticities: Demand Composition and the Trade Collapse of 2008-09
Ghironi, Fabio; Bussière, Matthieu; Callegari, Giovanni; … - National Bureau of Economic Research (NBER) - 2011
This paper introduces a new methodology for the estimation of demand trade elasticities based on an import intensity-adjusted measure of aggregate demand, with the foundation of a stylized theoretical model. We compute the import intensity of demand components by using the OECD Input-Output...
Persistent link: https://www.econbiz.de/10009399161
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Intermediated Trade
Antras, Pol; Costinot, Arnaud - National Bureau of Economic Research (NBER) - 2010
This paper develops a simple model of international trade with intermediation. We consider an economy with two islands and two types of agents, farmers and traders. Farmers can produce two goods, but in order to sell these goods in centralized (Walrasian) markets, they need to be matched with a...
Persistent link: https://www.econbiz.de/10008601686
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Expansion of Trade at the Extensive Margin: A General Gains-from-Trade Result and Illustrative Examples
Markusen, James R. - National Bureau of Economic Research (NBER) - 2010
The basic gains-from-trade theorem makes a stark comparison between completely free trade and complete autarky. This paper is motivated by recent evidence that trade has greatly expanded on the extensive margin (aka fragmentation, offshoring) by adding newly traded goods and services and that...
Persistent link: https://www.econbiz.de/10008627123
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Offshoring in a Ricardian World
Rodriguez-Clare, Andres - National Bureau of Economic Research (NBER) - 2007
Falling costs of coordination and communication have allowed firms in rich countries to fragment their production process and offshore an increasing share of the value chain to low-wage countries. Popular discussions about the aggregate impact of this phenomenon on rich countries have stressed...
Persistent link: https://www.econbiz.de/10005714841
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Intermediation and Economic Integration
Antras, Pol; Costinot, Arnaud - National Bureau of Economic Research (NBER) - 2010
The theory of international trade has paid scant attention to market institutions. Neither neoclassical theory nor new trade models typically specify the process by which supply and demand meet. Yet in the real world, intermediaries play a central role in materializing the gains from exchange...
Persistent link: https://www.econbiz.de/10008548797
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Specialization: Pro- and Anti-globalizing, 1990-2002
Anderson, James; Yotov, Yoto V. - National Bureau of Economic Research (NBER) - 2010
-globalizing effects on 76 countries from 1990-2002. The structural gravity model yields measures of Constructed Home Bias (the ratio of … novel test of structural gravity provides striking confirmation, validating both the CHB and TFP measures that rely on it … here, and the large gravity literature that relies on it elsewhere. …
Persistent link: https://www.econbiz.de/10008531881