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We estimate the impact of trade policy uncertainty (TPU) on CES import price indices, focusing on the implications of Britain's exit from the European Union (Brexit). Our analysis reveals that an increase in the probability of Brexit increases U.K. import price indices by raising the prices of...
Persistent link: https://www.econbiz.de/10014337833
The withdrawal of the United Kingdom from the European Union has had disruptive effects on international trade. As part of its "Global Britain" strategy, in the wake of Brexit, the UK is pursuing a series of Free Trade Agreements with countries around the world, including Canada, Japan, Korea,...
Persistent link: https://www.econbiz.de/10012619413
countries and estimate the impact of the five stages on export. The estimates for these five stages allow me to investigate four … scenario real export of the UK decreases by a significant 32% in the long run. Other EU countries also experience a decrease in … real export, while non-EU countries experience an increase due to trade diversion effects. Similarly, I also investigate …
Persistent link: https://www.econbiz.de/10011699523
This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 to 2018. Our results suggest that an increase in...
Persistent link: https://www.econbiz.de/10014233567
This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 to 2018. Our results suggest that an increase in...
Persistent link: https://www.econbiz.de/10013550200
the aggregate analysis. Germany spends more on product quality enhancing activities such as R&D and investment in the …Diese Studie versucht zu einem besseren Verständnis von export performance und technologischer Leistungsfähigkeit … durchgeführten Fallstudien führen zu ähnlichen Schlußfolgerungen wie die aggregierte Analyse. In Deutschland sind mehr Ausgaben für …
Persistent link: https://www.econbiz.de/10011432507
Persistent link: https://www.econbiz.de/10001587173
Persistent link: https://www.econbiz.de/10009356952
The relationship between individual firms’ export behaviour and firm performance has been studied extensively in the …-exporting companies, using the firms’ export status as a binary treatment variable and comparing the performance of exporting and non … individual firms’ export behaviour. Instead of a binary treatment variable, the GPS method allows for continuous treatment, that …
Persistent link: https://www.econbiz.de/10003319677
-based firms in Germany and the UK, this paper applies logistic regressions and analyses empirically the probabilities of changing …
Persistent link: https://www.econbiz.de/10003225295