This study examines the home bias in trade in goods and services within the European Union. Using the newest release of the World Input Output database, available for the years 2000-2014, the effect is estimated using gravity regressions. The trade-reducing effect of borders is found to be...

Do conflicts among naval powers hurt international trade? In theory the commercially relevant aspects of aggressive naval power can either thwart trade (through blockades, embargoes, commerce raiding, and guerre de course strategies) or facilitate trade (through control of trade routes and...

The question of whether trade agreements are 'stepping stones' or 'stumbling blocks' to multilateral trade liberalization is not a new one; however, the empirical methods and the quality of the data used to address this question are continually improving. This paper explores this familiar...

This paper aims to determine the role of EU in Turkey's trade flows by using the gravity model. It also aims to test whether the Customs Union (of EU) that Turkey entered in 1996 made a deviation in Turkey's trade flows. Regional trade agreements on the one hand create new trade opportunities...

This paper aims to determine the role of EU in Turkey's trade flows by using the gravity model. It also aims to test whether the Customs Union (of EU) that Turkey entered in 1996 made a deviation in Turkey's trade flows. Regional trade agreements on the one hand create new trade opportunities...

Many studies present the African Continental Free Trade Area (AfCFTA) as one of Africa's most new trade issues. Previous assessments show that this AfCFTA will catalyze Intra African trade. The cumulative impact on Côte d'Ivoire's exports in the long term is positive for other African countries...

WTO, OECD with many others, suggest the trade in value-added would be a “better” measure to understand the impact of trade on employment, growth, production etc. when import content in exports is important. We use in this work an Input-Output table for 2008, to calculate the value-added...

As revealed by the trade intensity indices, India and the People's Republic of China have significant bilateral trade potential, which has remained unexplored until now. These countries are presently negotiating for bilateral free-trade arrangements based on their complementarities. This paper...

The September 11, 2001 terrorist attack to the twin towers and ensuing heightened national security measures worldwide, but particularly in the United States, are modeled to be equivalent to a thickening of trade barriers in international trade. By estimating a gravity model with a stochastic...

Accompanying the wave of liberalization in motion since the mid 1980s, trade complementarity and its underlying structure of comparative advantage have started to dictate the directions of international trade flows. The vibrant FDIexport- led Asian growth has revealed the role of FDI as a...