I am about to confess to a heinous crime--I don't actually believe one of the standard economic models about trade. No, no, obviously I agree with the really basic one, that imports are the point and ...
Journal of Economic Integration, Vol. 34, No. 2 (June 2019), pp. 236-279 (44 pages) This paper assesses the ex-post effects on the international trading system of eighteen pluri-lateral regional trade ...
In principle, international trade flows according to the laws of gravity. In that sense, trade is determined by two factors: the Gross Domestic Products and the geographical distance between trading ...
Journal of Economic Integration, Vol. 16, No. 3 (September 2001), pp. 379-398 (20 pages) This study extends the gravity model to include a new measure of the trading partners' location relative to ...
One reason why countries service their external debts is the fear that default might lead to shrinkage of international trade. If so, then creditors should systematically lend more to countries with ...