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Title:Asymmetric effects of trade and FDI : South America versus Europe Author(s):ALLUB, Lian
Date:2015Type:Working PaperSeries/Number:EUI MWP; 2015/16Abstract:The gains from openness to trade and multinational production (MP) depend largely on country size. A large country may attract more foreign firms by closing itself to trade, while a small country may attract a larger amount ...

Title:The silent success of customs unions Author(s):GNUTZMANN, Hinnerk; GNUTZMANN-MKRTCHYAN, ArevikDate:2015Type:Working PaperSeries/Number:EUI ECO; 2016/02Abstract:While "mega FTAs" and WTO-driven efforts at multilateral liberalisation dominate the agenda, customs unions (CU) are the silent success story of regional integration. Throughout the world, CUs have been superseding earlier ...
Title:Export-Supporting FDI Author(s):KRAUTHEIM, SebastianDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/24Abstract:Wholesale trade affiliates account for a considerable fraction of the sales of Multinational
Companies (MNCs). However, this and similar types of FDI, aiming at
facilitating export activities, have received little ...
Title:International Competition and U.S. R&D Subsidies: A Quantitative Welfare Analysis Author(s):IMPULLITI, GiammarioDate:2008Type:Working PaperSeries/Number:EUI MWP; 2008/14Abstract:The geographical distribution of R&D investment changes dramatically in the 1970s
and 1980s. In the early 1970s U.S. firms are the uncontested world leaders in R&D
investment in most manufacturing sectors. Later, led by ...
Title:Gravity and Information:Heterogeneous Firms, Exporter Networks and the ‘Distance Puzzle’ Author(s):KRAUTHEIM, SebastianDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/51Abstract:Distance effects in empirical gravity equations appear to be too high to be explained by transport costs alone. Moreover, despite the strong and ongoing reduction of transport costs, the estimated coefficients are rather ...
Title:Financial Crises and International Trade: The Long Way to Recovery Author(s):BERMAN, NicolasDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/23Abstract:Standard theoretical models would predict that a currency depreciation generates an increase in net exports. However, recent emerging market crises, accompanied by sharp exchange rate devaluations, have often been followed ...
Title:Towards a Theory of Trade Finance Author(s):SCHMIDT-EISENLOHR, TimDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/43Abstract:Cross border transactions are conducted using diffierent payment contracts, the usage of which varies across countries and over time. In this paper I build a model that can explain this observation and study implications ...
Title:Efficiency Gains from Trade Reform: Foreign Technology or Import Competition? Evidence from South Africa’s Manufacturing Sector Author(s):SHENDY, RihamDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/18Abstract:The empirical trade literature examining the effect of tariff reductions on
productivity commonly proxies the former with Nominal Tariff Rates (NTR)
and estimates the latter as the production function residual. In the ...
Title:The role of physical and financial constraints in export dynamics Author(s):CRESPO, Aranzazu
; MUÑOZ-SEPULVEDA, Jesus A.Date:2015Type:Working PaperSeries/Number:EUI MWP; 2015/17Abstract:How do firms' sales interact across markets? Recent empirical work has suggested that foreign and domestic sales are substitutes for firms facing financial and physical capacity constraints. Using a large Spanish firm-level ...

Title:Firm Heterogeneity and the Two Sources of Gains from Trade Author(s):AGUR, ItaiDate:2006Type:Working PaperSeries/Number:EUI ECO; 2006/38Abstract:Recent empirical work identies two main channels through which consumers benefit
from trade. Trade liberalization lowers prices, while it raises product variety. This paper
develops the first model that connects both ...