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Volatility, Financial Development and the Natural Resource Curse
Poelhekke, Steven; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2007
investment share, initial human capital, trade openness, the national income share of natural resource exports and population …
Persistent link: https://www.econbiz.de/10005123919
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Structural Gravity with Dummies Only
Egger, Peter; Nigai, Sergey - C.E.P.R. Discussion Papers - 2015
The measurement of trade costs and their effects on outcome is at the heart of a large quantitative literature in international economics. The majority of the recent significant contributions on the matter assumes that trade consists of a product of exporter-time-specific factors,...
Persistent link: https://www.econbiz.de/10011168900
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Does WTO Matter for the Extensive and the Intensive Margins of Trade?
Dutt, Pushan; Mihov, Ilian; Van Zandt, Timothy - C.E.P.R. Discussion Papers - 2011
product margins of trade. We construct gravity equations for the two product margins where the specifications of these gravity …). Incidentally, we also document that standard gravity variables provide good explanatory power for bilateral trade on both margins. …
Persistent link: https://www.econbiz.de/10008861909
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International Trade without CES: Estimating Translog Gravity
Novy, Dennis - C.E.P.R. Discussion Papers - 2012
This paper derives a micro-founded gravity equation based on a translog demand system that allows for flexible … substitution patterns across goods. In contrast to the standard CES-based gravity equation, translog gravity generates an … trade flows predicted to be zero. I test the translog gravity equation and find empirical evidence that is in many ways …
Persistent link: https://www.econbiz.de/10011083929
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On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations
Chen, Natalie; Novy, Dennis - C.E.P.R. Discussion Papers - 2012
used as regressors in a gravity equation of trade. Instead, the indirect approach infers the extent of trade impediments …
Persistent link: https://www.econbiz.de/10011083427
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Evaluating Aid for Trade: A Survey of Recent Studies
Cadot, Olivier; de Melo, Jaime; Fernandes, Ana; … - C.E.P.R. Discussion Papers - 2013
The demand for accountability in “Aid-for-Trade” (AFT) is increasing but monitoring has focused on case-studies and impressionistic narratives. The paper reviews recent evidence from a wide range of studies, recognizing that a multiplicity of approaches is needed to learn what works and what...
Persistent link: https://www.econbiz.de/10011083462
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Can Business and Social Networks Explain the Border Effect Puzzle?
Combes, Pierre-Philippe; Lafourcade, Miren; Mayer, Thierry - C.E.P.R. Discussion Papers - 2003
McCallum (1995) shows in an influential contribution that, even when controlling for the impact of bilateral distance and region size, borders sharply reduce trade volumes between countries. We use in this Paper data on bilateral trade flows between 94 French regions, for 10 industries and two...
Persistent link: https://www.econbiz.de/10005791835
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Market Potential and Development
Mayer, Thierry - C.E.P.R. Discussion Papers - 2008
This paper provides evidence on the long-term impact of market potential on economic development. It derives from the New Economic Geography literature a structural estimation where the level of factors' income of a country is related to its export capacity, labelled Market Access (MA) by...
Persistent link: https://www.econbiz.de/10005791989
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International Trade Integration: A Disaggregated Approach
Chen, Natalie; Novy, Dennis - C.E.P.R. Discussion Papers - 2008
This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance. This trade integration measure is consistent with a...
Persistent link: https://www.econbiz.de/10005792535
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Do We Really Know that the WTO Increases Trade?
Rose, Andrew K - C.E.P.R. Discussion Papers - 2002
(GSP) extended from rich countries to developing countries. I use a standard ‘gravity’ model of bilateral merchandise trade …
Persistent link: https://www.econbiz.de/10005124331