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EU autonomy, the Brussels Effect, and the rise of global economic protectionism

Bauer, Matthias; Pandya, Dyuti - 2024

The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...

Persistent link: https://www.econbiz.de/10014560198

Globalization, Roundaboutness, and Relative Wages

Francois, Joseph; Grier, Kevin; Nelson, Douglas - 2004

We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using this model we identify a formal relationship between...

Persistent link: https://www.econbiz.de/10010325533

The evolution of the world trade web

Fagiolo, Giorgio; Reyes, Javier; Schiavo, Stefano - 2007

This paper employs a weighted network analysis to study the empirical properties of the world trade web and their evolution over time. We show that most countries are characterized by weak trade links; yet, there exists a group of countries featuring a large number of strong relationships, thus...

Persistent link: https://www.econbiz.de/10010328488

The Distance Puzzle: On the Interpretation of the Distance Coefficient in Gravity Equations

Buch, Claudia M.; Kleinert, Jörn; Toubal, Farid - 2003

Globalization seems to have diminished the importance of geographical distance. However, empirical studies find that …

Persistent link: https://www.econbiz.de/10010260619

Measurement of globalization and its variations among countries, regions and over time

Bhandari, Amit K.; Heshmati, Almas - 2005

The process of globalization is an international economic order which has led to the progressive integration of the … technological innovation also provides impetus to the progressive integration of the nations. The elements of globalization include … economic benefits, globalization also indicates the flow of ideas, norms, information and peoples. There is a large …

Persistent link: https://www.econbiz.de/10010267513

Exploring the intensive and extensive margins of world trade

Felbermayr, Gabriel J.; Kohler, Wilhelm K. - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...

Persistent link: https://www.econbiz.de/10010274453

International trade and financial integration: A weighted network analysis

Fagiolo, Giorgio; Reyes, Javier; Schiavo, Stefano - 2007

In this paper we compare the patterns of trade and financial integration by exploiting network analysis. Our results show that, by combining binary and weighted network analysis, it is possible to deliver more precise and thorough insights on the topological structure and properties of the...

Persistent link: https://www.econbiz.de/10010328391

Does international trade catch up with national trade of countries? Yes.

Langhammer, Rolf J. - 2009

stands for incomplete globalization. It is shown that the gap has steadily declined for most countries over the sample period …

Persistent link: https://www.econbiz.de/10010283232

Globalisation and inequality: A dynamic general equilibrium model of unequal exchange

Veneziani, Roberto; Yoshihara, Naoki - 2016

A dynamic general equilibrium model that generalises Roemer's [23] economy with a global capital market is analysed. An axiomatic analysis of the concept of unequal exchange (UE) between countries is developed at general dynamic equilibria. The class of UE definitions that satisfy three...

Persistent link: https://www.econbiz.de/10011788893

Has globalisation really peaked for Europe?

Cernat, Lucian - 2022

This paper builds on the recent arguments put forward by Richard Baldwin and others debunking the myth that we enter a period of de-globalisation. The paper argues that globalisation is a complex phenomenon that requires detailed, firm-level indicators going beyond simple aggregate metrics. When...

Persistent link: https://www.econbiz.de/10014442907