Showing 1 - 10 of 39
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
structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest … expect the ETWFE methods to have significant implications for the estimates of other policy variables in the trade literature …
Persistent link: https://www.econbiz.de/10014435475
This paper investigates the international spillover effects of U.S. trade protection. Using micro-level data on anti …-dumping, countervailing duties, and safeguards, I develop a new measure of U.S. trade policy announcement shocks for the period 1988-2015 that … is free of confounding factors. Estimates using the new measure indicate that announced, but not yet imposed, U.S. trade …
Persistent link: https://www.econbiz.de/10012292235
German labor market reforms in the 1990s and 2000s are generally believed to have driven the large increase in the dispersion of current account balances in the Euro Area. We investigate this hypothesis quantitatively. We develop an open economy New Keynesian model with search and matching...
Persistent link: https://www.econbiz.de/10011292316
Recent studies indicate that the natural resource curse, that is, the negative link between resource abundance and growth, may operate through a country’s financial system. Scholars show that resource-abundant economies suffer from lower financial development, which may indirectly affect...
Persistent link: https://www.econbiz.de/10010433904
and trade literature. It tests whether the resource sectors’ lower demand for short-term external credit negatively …
Persistent link: https://www.econbiz.de/10010433905
This paper studies the spread of the Black Death as a proxy for the ow of medieval trade between 1346 and 1351. The … variables of medieval trade ows based on an empirical trade model. These results shed new light on many qualitative debates on … the importance and causes of medieval trade. -- Trade ; Middle Ages ; Black Death ; Gravity model ; Poisson regression …
Persistent link: https://www.econbiz.de/10009242313
In this paper, employing transaction level data for Russian imports, we explore the role of multi-product shipments in explaining shipping patterns across countries. First, we document that firms from more developed countries include on average more different products into a single shipment. We...
Persistent link: https://www.econbiz.de/10012311869
Persistent link: https://www.econbiz.de/10012016818
While there is a consensus in the literature that offshoring has a polarising effect on the skill structure of labour demand, little is known about its impact on the capital side. In this paper, we analyse the effect of offshoring on the demand for capital by asset class using a rich...
Persistent link: https://www.econbiz.de/10011864781