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In the cross section of countries, there is a strong positive correlation between trade and income, and a negative …) identification strategy, and exploit countries' exogenous geographic characteristics to estimate the causal effect of trade on income … and inequality. Our cross-country estimates for trade's impact on real income are consistently positive and significant …
Persistent link: https://www.econbiz.de/10011763524
markets, we demonstrate a significant causal role of market potential in driving global income growth over this period. …
Persistent link: https://www.econbiz.de/10011882291
. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
Following closely the analytical approach adopted by Head and Mayer (2004) and Novy (2010), this paper derives a micro-founded bilateral trade cost measure for sub-Saharan Africa (SSA) as a function of observable domestic and inter-national trade data. The derived measure of trade cost by Novy...
Persistent link: https://www.econbiz.de/10009614345
Tepid trade growth since the 2008/2009 global financial crisis (GFC) has been partly attributed to sluggish demand from developed countries. However, data reveals that developing countries play a bigger role in holding back trade growth, while developed countries show quite robust import growth....
Persistent link: https://www.econbiz.de/10011579713
This paper aims to confirm the impact of ICT on Indonesia's trade with ASEAN partner countries and the use of ICT on business activities (e-commerce). The analysis method used in this study is a quantitative analysis of static panel data with a gravity model approach. The study period covers the...
Persistent link: https://www.econbiz.de/10012510851
Institutional trade barriers constitute substantial constraints for a number of exporters and importers. These barriers are multidimensional and they impede trade flows and trade performance of many developing countries, including African countries. In particular, the International Trade Centre...
Persistent link: https://www.econbiz.de/10012145414
Do conflicts among naval powers hurt international trade? In theory the commercially relevant aspects of aggressive naval power can either thwart trade (through blockades, embargoes, commerce raiding, and guerre de course strategies) or facilitate trade (through control of trade routes and...
Persistent link: https://www.econbiz.de/10014049998
International trade flows of cultural goods have grown very rapidly over the last decades and their liberalization will be one of the important issues of future multilateral trade negotiations. Despite these stakes, cultural flows have, to date, not been much studied by trade economists. In this...
Persistent link: https://www.econbiz.de/10014216104
Trade data are typically reported at the level of regions or countries and are therefore aggregates across space. In this paper, we investigate the sensitivity of standard gravity estimation to spatial aggregation. We build a model in which symmetric micro regions are aggregated into macro...
Persistent link: https://www.econbiz.de/10012903440