Showing 1 - 10 of 181
Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the … equilibrium effects of bilateral distance, international borders, and the payment system on trade. My results suggest that had … average tari and non-tari trade barriers remained at their 1928 level, total international trade would have been 64.6 % higher …
Persistent link: https://www.econbiz.de/10012023385
Although many modern studies find large and significant effects of prior colonial status on bilateral trade, there is … very little empirical research that has focused on the contemporaneous impact of empire on trade. We employ a new database … of over 21,000 bilateral trade observations during the Age of High Imperialism, 1870-1913, to quantitatively assess the …
Persistent link: https://www.econbiz.de/10012759567
We study linkages between financial development, international trade, and long-run growth using data since 1880 for … trade reinforced each other before 1930, but that these effects did not persist after the Second World War. Financial … development has positive effects on growth throughout the sample period, while trade affects growth strongly and independently …
Persistent link: https://www.econbiz.de/10013125572
history analysis, we find that trade was also a pathway of diffusion. Market access served as an important instrument to … encourage a level playing field. The type of trade mattered as much as the volume. In the European core, states emulated the … labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products …
Persistent link: https://www.econbiz.de/10013150840
that researchers might have correctly identified the increasing effect of distance on bilateral trade over time. In other … words, trade costs may have not declined nearly as dramatically in the late twentieth century as has been supposed …, especially in light of the nineteenth century, a time of documented trade cost decline and commodity market integration …
Persistent link: https://www.econbiz.de/10013151368
This paper studies the great collapse in value added trade using a structural decomposition analysis. We show that … changes in vertical specialisation accounted for almost half of the great trade collapse, while the previous literature on … gross trade has mainly focused on final expenditure, inventory adjustment and adverse credit supply conditions. The decline …
Persistent link: https://www.econbiz.de/10011419613
With the completion of the Uruguay Round of international trade negotiations, attention turns to plausible next steps … remedies traditionally used to deal with international trade distortions. This paper examines three cases. …
Persistent link: https://www.econbiz.de/10011620650
then convergence and asks what important steps remain to be taken, especially where the concerns of international trade … policy and competition policy intersect. A proposed augmentation of the World Trade Organization's functions to deal with …
Persistent link: https://www.econbiz.de/10011621317
Persistent link: https://www.econbiz.de/10011883779
Persistent link: https://www.econbiz.de/10001925527