characteristics of each unit. We implement panel data econometric techniques to characterize bilateral trade flows between … results provide clear evidence in favor of the traditional trade theory based on comparative advantage which suggests a …

The main goal of regionalization is the creation of free trade areas and the guarantee for countries to accede to a … widened market. Many studies dealing with the effects of regional free trade agreements on trade flows already exist in the … of regionalization. However, the effects of agreements on trade were sometimes contradictory in those studies. These …

) study the endogeneity of a currency union through the lens of international trade flows. Our study extends Frankel and Rose …

) study the endogeneity of a currency union through the lens of international trade flows. Our study extends Frankel and Rose …

We investigate the effect of economic sanctions on trade flows in countries sharing a border with sanctioned states …. According to trade models, sanctions are expected to reduce trade flows as they disrupt established trading routes and economic … relationships with suppliers and customers. However, there may also be instances where countries circumvent trade restrictions by …

This paper examines the impact of education, governance and North-South trade- and distance-related technology … preceding the Great Recession (1976–2007) in a new model that integrates models of trade-related and distance …-related international technology diffusion. Our model's explanatory power is 38% (62%) greater than that of the main trade-related (distance …

€“ innovation and trade – are in danger of being compromised by the COVID-19 pandemic, under conditions increasingly reminiscent … concentration and dominance, and the multilateral trade system had been buckling under pressure from a return to mercantilist ideas … industrial revolution (4IR) to a premature end. Hence the post-COVID-19 world may be left with trade as the only engine for …

emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …