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. 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 ...

This paper examines the trade and trade-induced welfare effects of oil prices. Using a gravity model of trade, the paper finds that the distance elasticity of trade significantly increases with the ...

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 ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Are we really witnessing the death of globalization? A multitude of shocks over the past three years has unsettled the ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Do political regimes determine how geopolitics influence international trade? This paper provides an empirical answer to ...