In der öffentlichen Debatte wird Klage über das geringe Gewicht von Dienstleistungen am deutschen Export geführt. In der vorliegenden Untersuchung analysieren die Autoren die Sachlage anhand von IWF-Daten, gehen auf das Verhältnis zur Industrie ein und benennen Felder, in denen der...

Using a gravity-type explanation of international trade flows at the industry level, it is shown that the pattern of comparative advantage in terms of sectoral export/import ratios in bilateral trade can be explained by relative income and relative per capita income. Total income of a country is...

This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity model that includes several measures of terrorism and largescale violence, we find...