Results 1 to 10 of about 202 (110)
National and foreign trade elasticities: a spatial econometrics approach
The literature estimating trade elasticities at the regional level has overlooked spatial dependence in trade flows, raising concerns about the reliability of results. We address this problem by defining a spatial autoregressive gravity equation that captures spatial spillovers from trade between neighbouring regions.
Javier Barbero +2 more
exaly +4 more sources
FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW [PDF]
A simple equation is considered whose empirical analysis could confirm – or reject – the validity of Thirlwall’s Law. Autoregressive Distributed Lags (Bounds) approach is used to establish the empirical adequacy of the Law.
Leon Podkaminer
doaj +15 more sources
A new dataset on product-level trade elasticities
This data article describes a new dataset on product-level trade elasticity, here defined as the degree of substitutability between varieties, i.e. between products exported by different countries into a given destination.
Lionel Fontagné +2 more
doaj +1 more source
More complex products are less substitutable in international trade and may therefore have lower price elasticities. We investigate this issue using 960 types of manufactured exports from the People’s Republic of China (PRC) to 190 partner economies ...
WILLEM THORBECKE +2 more
doaj +1 more source
Estimating the substitution elasticities of import of factory industries using micro data and comparing long-term and short-term elasticities. [PDF]
Estimating the substitution elasticity of imported products is a key parameter for analyzing trade policies, especially trade integration issues. In general, this elasticity represents the intensity of the impact of import demand on domestic demand from ...
Mehdi Yazdani, Mina Sadeghi
doaj +1 more source
The Elasticity of Trade: Estimates and Evidence [PDF]
Quantitative results from a large class of structural gravity models of international trade depend critically on a single parameter governing the elasticity of trade with respect to trade frictions. We provide a new method to estimate this elasticity and illustrate the merits of our approach relative to the estimation strategy of Eaton and Kortum (2002)
Ina Simonovska, Michael E. Waugh
openaire +12 more sources
Gravity and Heterogeneous Trade Cost Elasticities [PDF]
Abstract How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to popular trade cost variables such as currency unions, trade agreements and World Trade ...
Chen, Natalie, Novy, Dennis
openaire +2 more sources
Trade Collapses and Trade Slowdowns: Evidence from Some Central and Eastern European Countries [PDF]
World trade suddenly plummeted in the last quarter of 2008 after the bankruptcy of Lehman brothers and the subsequent meltdown in financial markets. Even if the following recovery was impressive, trade growth is now noticeably below trend. The anaemic
Marco Giansoldati, Tullio Gregori
doaj +1 more source
Product-Level Trade Elasticities [PDF]
Trade elasticity is a crucial parameter in evaluating the welfare impacts of trade liberalization. We estimate trade elasticities at the product level (6-digit of the Harmonized System comprising more than 5,000 product categories) by exploiting the variation in bilateral applied tariffs for each product category for the universe of ...
Fontagné, Lionel +2 more
openaire +2 more sources
International trade and economic growth in Africa: The role of the digital economy
This paper examines the role the digital economy plays in international trade impacts on Africa’s economic growth based on 53 countries’ sample from 2000–2018.
Simon Abendin, Pingfang Duan
doaj +1 more source

