This paper investigates the existence of a continental bias in world trade and the potential differences in this bias across continents and at trade margins. We find a moderate positive continental bias in trade that masks an uneven impact of continental boundaries across continents. At the...

This article contributes to the literature on price convergence in Europe by investigating the existence of stochastic and deterministic convergence of car prices in the EU15 countries. We apply recently developed econometric techniques that allow for multiple structural breaks to an up-to-date...

This paper investigates whether and to what extent nonreciprocal preferential trade agreements (NRPTAs) have increased developing countries' exports to richer countries. Using recent developments in the econometric analysis of the gravity equation over the period 1960–2008, we find robust...

This paper investigates the channels through which Spanish regional export promotion offices (REPOs) abroad affect bilateral exports. Using transaction data per product over the period 1995–2011, we decompose the total impact of REPOs on exports value into three margins: number of products,...

This paper examines the degree of export-price dispersion among European Union countries and its evolution in the recent past (1988-1999). The paper also explores the likely impact of the European Monetary Union on export-price convergence by looking at the past experience of European countries...

This paper examines price convergence in the European Union Car market over the period 1995-2005. The results indicate that there is a clear evidence of price convergence among the EU15 countries, but not before 1999. Moreover, countries of the Economic and Monetary Union started convergence...

This paper investigates the relationship between market integration and price convergence in international markets. Using a panel data set of consumer price indices (general and by groups and classes), we examine how European market integration has affected cross-country dispersion in the...

This paper analyses the border effect in Spain over the period 1995-98 using a data set on intranational trade that is unique in Europe. The results indicate that, after controlling for market size and distance, Spanish regions trade around 21 times more with the rest of Spain than they do with...

The paper studies pricing-to-market behavior on a wide range of disaggregated European Union exports to OECD countries. The sample allows better identification of products for which such behavior is pervasive. The results suggest that the degree of markup adjustment in response to exchange rate...