Financial development plays an important role in the structure of the trade balance and promoting economic development …. Trade literature suggests that differences in economies’ endowments of labour, land, physical capital and technology explain … the dynamics and patterns of international trade flows. More recent literature argues that it is the heterogeneity in …

This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …

interregional trade was strongly influenced by connectivity within the network. Today, these connectivity differentials continue to …

, we document that contemporary interregional trade was influenced by connectivity within the network. Today, these … exchange using pre-Roman trade data. …

explained by a different weight of internal and foreign markets in trade relations of countries and regions. Possibly the result …

Trade encourages economic expansion and improves welfare based on international division of labor. However, trade also …

We show that the countries of the former Austro-Hungarian monarchy trade significantly more with one another in the … aftermath of the collapse of the Iron Curtain than predicted by a standard gravity model. This trade surplus declines linearly …

trade for a panel of 37 developed and emerging economies during the period 1995-2011. We find significant and non …-linear effects of overall infrastructure and infrastructure in transportation, communication, energy, and finance on trade in … trade after accounting for potential reverse causality. …

This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …

of trade flows in environmental goods (EG) on total CO2 and SO2 emissions. Our system-GMM estimations reveal positive … recurrently found to face increased pollution (in particular CO2 emissions) due to direct scale-composition effects of trade in …-induced effects. We show that the direct, indirect and total effects of trade in EGs depend on the country’s net trade status, the EGs …