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Macroeconomic Potentials of Transatlantic Free Trade : A High Resolution Perspective for Europe and the World

Felbermayr, Gabriel J. - 2014

since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics … gains for Germany (3.5%), Europe (3.9%), and the world (1.6%), but that it could also harm third countries …

Persistent link: https://www.econbiz.de/10013044668

Economic Integration Agreements, Border Effects, and Distance Elasticities in the Gravity Equation

Bergstrand, Jeffrey H.; Larch, Mario; Yotov, Yoto V. - 2021

yields economically plausible and statistically significant estimates of the declining effect of “national borders” on world …

Persistent link: https://www.econbiz.de/10013315671

Trade and welfare effects of the WTO Trade Facilitation Agreement

Beverelli, Cosimo; Gourevich, Isabella; Heiland, Inga; … - 2023 - Manuscript date: 28 February 2023

The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real …

Persistent link: https://www.econbiz.de/10014225999

On the effects of GATT/WTO membership on trade : they are positive and large after all

Larch, Mario; Monteiro, José-Antonio; Piermartini, Roberta - 2019 - Manuscript date: 28 May 2019

whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non …-discriminatory nature of GATT/WTO commitments by measuring the effects of GATT/WTO membership on international trade relative to domestic … sales. These unilateral effects of GATT/WTO membership are found to be large, positive, and statistically significant. We …

Persistent link: https://www.econbiz.de/10012025569

Spatial Exporters

Defever, Fabrice; Heid, Benedikt; Larch, Mario - 2021

In this paper, we provide evidence that expanding firms tend to serve new markets which are geographically close and culturally related to their prior export destinations. We quantify the impact of this spatial pattern using a Chinese firm-level data set. To ensure an exogenous set of potential...

Persistent link: https://www.econbiz.de/10013315943

Trade and Investment in the Global Economy

Anderson, James E. - 2017

actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …

Persistent link: https://www.econbiz.de/10012947623

International Trade and Unemployment : A Quantitative Framework

Heid, Benedikt; Larch, Mario - 2021

Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...

Persistent link: https://www.econbiz.de/10013315832

Trade costs in the global economy : measurement, aggregation and decomposition

Egger, Peter; Larch, Mario; Nigai, Sergey; Yotov, Yoto - 2021 - Manuscript date: 10 May 2018

Proper measurement and aggregation of trade costs is of paramount importance for sound academic and policy analysis of the determinants - particularly those of policy - of economic outcomes. The international trade profession has witnessed significant new developments, both on the theoretical...

Persistent link: https://www.econbiz.de/10012419247

Icebergs Versus Tariffs : A Quantitative Perspective on the Gains from Trade

Felbermayr, Gabriel J. - 2013

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize...

Persistent link: https://www.econbiz.de/10013083872

Unemployment in an Interdependent World

Felbermayr, Gabriel J. - 2010

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...

Persistent link: https://www.econbiz.de/10013150804