In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly … show that the variables used in standard gravity models cannot explain a significant part of MENA's trade performance …, particularly on exports. We then go on to 'augment' the standard gravity model with relevant variables from the World Bank …

as a combination of a good traded and a country traded with. Using merged information from trade transactions and from … trade. …

pressing demands of growth analysts. We present a systematic comparison of capital goods imports for 20 Latin American … countries in 1925. It relies on both the foreign trade data of the importing countries and of the major exporting countries –the … industrialized economies of the time. The quality of foreign trade figures is tested; an homogeneous estimate of capital goods …

The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past … exchange hedging instruments, may have reduced the impact of volatility on trade flows. Using recent advances in the economic … theories on trade and in statistical methodologies, this paper revisits this important issue by taking into account these new …

of cross-section and panel regressions for 1995-2002, we find that Russian exports to WTO members have fallen short of … trade reorientation toward WTO members after a putative accession. Our results also prompt some ideas that may resolve the … recent empirical controversy over the WTO's overall role in promoting trade. …

migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …-Maximilians-Universität München. It includes six self-contained chapters which deal with the following topics in empirical international trade and … countries to additionally include informal employment (chapter 3) as well as the relation between foreign direct investment …

The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows …. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around … 50 percent of variation in exports is along the extensive margin-a quantitative victory for the Melitz framework. The …

Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting … estimation and quantitative implications of the Melitz (2003) trade model? The benchmark Melitz model with Pareto … in exports across trading partners should occur on the extensive margin. We subject this theoretical prediction to a …

hypothesis that firms in services sectors face larger trade costs. A simple calibration suggests that services firms face two …