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Recently gravity trade models are applied to disaggregated trade data. Here many zeros arecharacteristic. In the presence of excess zeros usual Poisson Pseudo Maximum Likelihood(PPML) is still consistent, the variance covariance matrix however is invalid. Correcteconomic interpretation however...
Persistent link: https://www.econbiz.de/10009446184
This paper discusses the evolution of agricultural products comparativeadvantages in the state of Paraná foreign trade from 1989-2001, and verifies thepredominant type of trade for those products. The methodology is based on calculation of indicators of Revealed Comparative Advantage (Balassa,...
Persistent link: https://www.econbiz.de/10009445887
This paper offers an explanation for variations in the effectiveness of trade unions to obtain legislative and policy concessions in peak-level tripartite negotiations in post-communist East Central Europe. I examine the usefulness of some standard interpretations for such variations, namely...
Persistent link: https://www.econbiz.de/10009466396
Mit zunehmender Globalisierung, nicht zuletzt auch seit den Erweiterungen der Europäischen Union sehen sich Konsumenten mit einer Fülle an Produkten aus einer Vielzahl an Ländern konfrontiert. Doch nicht nur auf Endabnehmer wirken sich diese Veränderung aus, auch gewerbliches Kaufverhalten...
Persistent link: https://www.econbiz.de/10009480937
Die vorliegende Arbeit untersucht wissenschaftlich anhand eines theoretischen Modells, wie sich internationale Migration auf die Volkwirtschaft des Aufnahmelandes auswirkt – nicht nur im Rahmen der EU-Osterweiterung. Kapitel eins enthält neben einer Hinführung zum Thema einen allgemeinen...
Persistent link: https://www.econbiz.de/10009450197
The tradition of gravity models is in the analysis of trade flows with market size and geographic or economic distance as core variables. Both these variables can be important determinants of FDI, too. However, when such models are used to explain FDI, there can be differences in the mode of...
Persistent link: https://www.econbiz.de/10009442320
Recently gravity trade models are applied to disaggregated trade data. Here manyzeros are characteristic. In the presence of excess zeros usual Poisson Pseudo MaximumLikelihood (PPML) is still consistent, the variance covariance matrix howeveris invalid. Correct economic interpretation however...
Persistent link: https://www.econbiz.de/10009442838
The recent proliferation of regional trade agreements (RTAs) has intensified the debate on their merits. A growing literature has addressed this policy debate, focusing on the welfare and trade effects of RTAs and their likely impacts on the multilateral trading system. Some view them as...
Persistent link: https://www.econbiz.de/10009443054
This paper examines whether exchange rate misalignment negatively affects agricultural trade, compared to other industry sectors. Nominal exchange rate misalignment is obtained from the percentage deviation of real exchange rates from their long-run equilibrium based on the theory of purchasing...
Persistent link: https://www.econbiz.de/10009443983