Showing 1 - 10 of 263
Picture a small open economy in the North Atlantic Ocean, highly dependent on trade with the EU and NAFTA. How important are these trading blocs to the country's exports? How important is the country's location and size, and how do these affect the export sectors? A unique version of the gravity...
Persistent link: https://www.econbiz.de/10010295274
Picture a small open economy in the North Atlantic Ocean, highly dependent on trade with the EU and NAFTA. How important are these trading blocs to the country's exports? How important is the country's location and size, and how do these affect the export sectors? A unique version of the gravity...
Persistent link: https://www.econbiz.de/10005059041
Within a higher-dimensional incomplete specialization Heckscher-Ohlin framework, we first develop a gravity model that views bilateral gravity equations as statistical relationships constrained on countries’ multilateral specialization patterns. Second, we test our model empirically by using a...
Persistent link: https://www.econbiz.de/10011161370
This paper assesses the importance of border and non-border policies for global economic integration. The focus is on four widely-advocated policies: removing explicit restrictions to trade and FDI; promoting domestic competition; improving the adaptability of labour markets; and ensuring...
Persistent link: https://www.econbiz.de/10005045755
The goal of this paper is to determine one of the consequences of accession of the Czech Republic to the European Monetary Union. The gravity equation is used to estimate the impact of exchange rate volatility and currency unions on international trade. Model's variables include GDPs per capita...
Persistent link: https://www.econbiz.de/10005256993
The dynamics of international trade play a pivotal role in shaping economic growth and development for nations worldwide. This significance is particularly pronounced in the context of India's agrarian economy. With a substantial portion of its population dependent on agriculture, engaging in...
Persistent link: https://www.econbiz.de/10015386939
The aim of the paper is to compare different approximations of multilateral trade-resistance in the gravity model and the influence of their use on estimation results for models of EU-trade. Three synthetic variables: for bilateral trade costs, exporter’s and importer’s remoteness...
Persistent link: https://www.econbiz.de/10011272571
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...
Persistent link: https://www.econbiz.de/10011781959
This paper analyses European Union FDI flows into the CEECs at a sector level, which is currently the less studied aspect of this issue. The aim is to understand whether and to what extent FDI in different sectors reacts to the same characteristics of the host countries. The paper first presents...
Persistent link: https://www.econbiz.de/10005163379
How does globalization affect inter-occupational wage inequality within countries? This paper empirically examines this issue by focusing on two dimensions of globalization, openness to trade and openness to capital, using a relatively new dataset on occupational wages. Estimates from dynamic...
Persistent link: https://www.econbiz.de/10005190936