Showing 1 - 10 of 75
In this paper, we study if exposure to the institutions of trade partners changes individuals' attitudes towards … trade. Relying on within-country variation across cohorts, we find that individuals who grew up when their country was more …
Persistent link: https://www.econbiz.de/10013210083
We use the new dataset of trade flows across 269 European regions in 24 countries constructed in Santamaría et al …. (2020) to systematically explore for the first time trade patterns within and across country borders. We focus on the … differences between home trade, country trade and foreign trade. We document the following facts: (i) European regional trade has …
Persistent link: https://www.econbiz.de/10014247958
. Participation of emerging economies in world trade and longer-distance trade between countries contribute to this usage increase …
Persistent link: https://www.econbiz.de/10014250184
Perceptions of global supply chains (GSCs) have shifted in recent years from a positive to a more cautious view. Standard GSC measures have mostly not adapted to this change as they focus on participation in, rather than exposure to, foreign supply chains. This paper presents the tools necessary...
Persistent link: https://www.econbiz.de/10013388881
We estimate the impact of trade policy uncertainty (TPU) on CES import price indices, focusing on the implications of …
Persistent link: https://www.econbiz.de/10014337833
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …
Persistent link: https://www.econbiz.de/10013361989
empirically. We develop a two-sector model of regional trade with endogenous firm entry that highlights two opposing forces …. \textit{Ceteris paribus} lower trade costs in non-agriculture lead to fewer firms, but cheaper agricultural imports releases …
Persistent link: https://www.econbiz.de/10014544726
irrelevant, there is no need for trade agreements - free trade is the optimal policy for each country. But under even minimal … deviations from that benchmark, trade agreements matter. We focus on environments in which there are market failures, technology … domestic contracts and a key determinant of the feasibility and consequences of agreements. With endogenous technology, trade …
Persistent link: https://www.econbiz.de/10014576561
Yes. We state closed-form expressions for steady state gains from trade that apply in a class of dynamic trade models …. The gains are a function of the domestic trade share and the long-run elasticity of trade with respect to iceberg trade … long-run elasticity cannot be estimated in one step by relying on tariff variation as shifters of trade costs. We show …
Persistent link: https://www.econbiz.de/10014576594
Using textual analysis of earnings conference calls, we quantify firms' supply chain risk and its sources. Our proxy for supply chain risk exhibits large cross-sectional and time-series variation that aligns with reasonable priors and is unprecedently high during the Covid-19 pandemic. In...
Persistent link: https://www.econbiz.de/10014250152