An Advanced Guide to Trade Policy Analysis is a follow up to A Practical Guide to Trade Policy Analysis. The Advanced Guide provides the most recent tools for analysis of trade policy using structural gravity models. Written by experts who have contributed to the development of theoretical and...

This paper proposes a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and the "hard" effects of protection with the empirical structural gravity model. Specifically, the paper argues that the difference between the estimates of border...

This paper quantifies the relationships between deep trade liberalization and foreign direct investment. To this end, it focuses on the effects of deep trade agreements. The analysis relies on a structural framework that simultaneously enables (i) estimating the direct impact of deep trade...