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While there is considerable empirical evidence on the impact of liberalizing trade in goods, the effects of services liberalization have not been empirically established. This study examines the link between services sector reforms and the productivity of manufacturing industries relying on...
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This study extends the gravity model to include a new measure of the trading partners' location relative to other countries. The proposed measure is close in spirit to the theory of gravity, since it is based on the concept of the world trade center. The measure is statistically significant when...
Persistent link: https://www.econbiz.de/10014127110
The Czech and Slovak Customs Union (CSCU), which came into effect in January 1993, differs from regular regional trading arrangements as its goal was to minimize the economic cost of a decline in economic ties between its members rather than to set in motion the mechanism of integration. The...
Persistent link: https://www.econbiz.de/10014087879
The new trade theory literature suggests that R&D activities and production may be geographically separated. However, concurrent studies show a strong correlation between R&D and production (or exporting). This correlation is often attributed to border-induced disruptions in the flow of...
Persistent link: https://www.econbiz.de/10014120802
This study extends the gravity model to include a new measure of the trading partners' location relative to other countries. The proposed measure is close in spirit to the theory of gravity, since it is based on the concept of the world trade center. The measure is statistically significant when...
Persistent link: https://www.econbiz.de/10014184015
Using a unique firm-level dataset this study shows that foreign investors in transition economies are characterized by low, rather than high, R&D intensity. It also finds that investors with higher R&D spending are more likely to engage in non-manufacturing projects than in local production. The...
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