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Structural Estimation of Gravity Models with Path-dependent Market Entry

Egger, Peter; Pfaffermayr, Michael - C.E.P.R. Discussion Papers - 2011

This paper develops a structural empirical general equilibrium model of aggregate bilateral trade with path dependence of country-pair level exporter status. Such path dependence is motivated through informational costs about serving a foreign market for first-time entry of (firms in) an export...

Persistent link: https://www.econbiz.de/10009144727

Commercial Policy Variability, Bindings and Market Access

Francois, Joseph; Martin, Will - C.E.P.R. Discussion Papers - 2002

Protection unconstrained by rules often varies substantially over time. Rules-based disciplines, such as WTO tariff bindings and bindings on market access in services, constrain this variability. We examine the theoretical effects of such constraints on the expected cost of protection and offer...

Persistent link: https://www.econbiz.de/10005661815

International Trade and Child Labour: Cross-Country Evidence

Edmonds, Eric V; Pavcnik, Nina - C.E.P.R. Discussion Papers - 2004

for the endogeneity of trade and for cross-country income differences, the openness elasticity of child labour at cross …

Persistent link: https://www.econbiz.de/10005067495

Endogeneity of Currency Areas and Trade Blocs: Evidence from the Inter-war Period

Ritschl, Albrecht; Wolf, Nikolaus - C.E.P.R. Discussion Papers - 2003

members was already high. In OLS estimation, this would cause endogeneity bias. The present Paper employs both fixed …-effects and binary choice methods to trace endogeneity in the formation of historical currency arrangements. Studying the … formation of currency blocs in the 1930s, we find strong evidence of endogeneity. We work with country-group fixed effects and …

Persistent link: https://www.econbiz.de/10005504501

Commercial Links Between Western Europe and East Asia: Retrospect and Prospects

Anderson, Kym; Francois, Joseph - C.E.P.R. Discussion Papers - 1997

East Asia has rapidly become the third centre of gravity for global economic activity. North America is relatively well integrated with East Asia, but Europe is not. This paper explores the extent to which economic growth and trade policy developments over the next decade or so will strengthen...

Persistent link: https://www.econbiz.de/10005123497

The Challenge of Reducing Subsidies and Trade Barriers

Anderson, Kym - C.E.P.R. Discussion Papers - 2004

This is one of ten studies for the Copenhagen Consensus Project that sought to evaluate the most feasible opportunities to improve welfare globally and alleviate poverty in developing countries. It argues that phasing out distortionary government subsidies and barriers to international trade...

Persistent link: https://www.econbiz.de/10005123786

Estimates of Bilateral Trade Elasticities and Their Implications for the Modelling of `1992'

Brenton, Paul; Winters, L. Alan - C.E.P.R. Discussion Papers - 1992

In this paper we use detailed trade and production data and a theoretically consistent model of demand - the Almost Ideal Demand System - to estimate bilateral trade elasticities, the key parameters required for quantification of the effects of the `1992' programme. Initial results for 70 West...

Persistent link: https://www.econbiz.de/10005123957

The Uruguay Round and Trade in Manufactures and Services. General Equilibrium Simulations of Production, Trade and Welfare Effects of Liberalization

Haaland, Jan I. - C.E.P.R. Discussion Papers - 1994

Using a numerical general equilibrium model we examine the possible production, trade and welfare effects of successful implementation of the Uruguay Round results. The model includes trade in manufactures and (some) services among industrial regions and countries; there is imperfect competition...

Persistent link: https://www.econbiz.de/10005124490

European Trade and Welfare after `1992'

Winters, L. Alan - C.E.P.R. Discussion Papers - 1992

This paper reviews estimates of the effects of `1992' on international trade and welfare, and the policy implications of those estimates. It surveys earlier research starting with the Cecchini Report of 1988 and then summarizes some new results based on general equilibrium modelling with...

Persistent link: https://www.econbiz.de/10005136688

Trade, wages, and productivity

Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - C.E.P.R. Discussion Papers - 2009

We develop a new general equilibrium model of monopolistic competition with heterogeneous firms, variable demand elasticity and multiple asymmetric regions, in which trade integration induces wage and productivity changes. Using Canada-US interregional trade data, we structurally estimate a...

Persistent link: https://www.econbiz.de/10005061476

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