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This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern - horizontal versus vertica l- within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture trade...
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Why do borders still matter for economic activity? The reunification of Germany in 1990 provides a unique natural … to trade between East Germany and West Germany were eliminated completely within a very short period of time. The … effects literatures. Our estimation results show a remarkable persistence in intra-German trade patterns along the former East …
Persistent link: https://www.econbiz.de/10013154269
Why do borders still matter for economic activity? The reunification of Germany in 1990 provides a unique natural … to trade between East Germany and West Germany were eliminated completely within a very short period of time. The … effects literatures. Our estimation results show a remarkable persistence in intra-German trade patterns along the former East …
Persistent link: https://www.econbiz.de/10003898827
This paper analyses the effect of international borders and of trade agreements at international borders on subnational (i.e. regional) growth. We construct an extensive panel dataset covering 1,350 regions in 86 countries worldwide between 1950 and 2017. Our results show that international...
Persistent link: https://www.econbiz.de/10012533891
and island regions; then a Blinder–Oaxaca decomposition is applied to the gravity estimation results in order to …
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This paper compares various estimation methods often used in the estimation of gravity models of international trade …. The authors first discuss different structural and consistent estimation techniques, their underlying assumptions and … empirical methodologies. They focus on a comparison of the distance and border effects across estimation techniques. For the …
Persistent link: https://www.econbiz.de/10011502657
This paper compares various estimation techniques used to determine the impact of distance and borders on international … estimation method. In addition, also the size of both effects varies substantially across estimation methods. Finally, the … authors generally find that the estimations are in line with the respective weighting schemes of each estimation method. …
Persistent link: https://www.econbiz.de/10011404484