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Distance, globalization, and international trade

Borchert, Ingo; Yotov, Yoto V. - 2016

For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …

Persistent link: https://www.econbiz.de/10011586305

Quantifying the extensive margin(s) of trade : the case of uneven European integration

Anderson, James E.; Yotov, Yoto - 2022

and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific … effects of globalization and European integration. We find strong positive effects of globalization and also significant but …

Persistent link: https://www.econbiz.de/10013285497

Cross-border patenting, globalization, and development

LaBelle, Jesse; Martínez-Zarzoso, Inmaculada; … - 2023

We build a stylized model that captures the relationships between cross-border patenting, globalization, and … strong, positive impact of policy and globalization on cross-border patent flows, especially from North to South. A … gaining more than North post-2000, thus lowering real income inequality in the world. …

Persistent link: https://www.econbiz.de/10014444894

Growth and trade with frictions : a structural estimation framework

Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...

Persistent link: https://www.econbiz.de/10011298529

Unlocking new methods to estimate country-specific trade costs and trade elasticities

Freeman, Rebecca; Larch, Mario; Theodorakopoulos, Angelos; … - 2021

We propose new methods to identify the full impact of country-specific characteristics on bilateral trade flows within the framework of ‘the new quantitative trade model.' We complement theory with a simple two-stage estimating procedure, and offer a proof of concept by quantifying the impact...

Persistent link: https://www.econbiz.de/10012669805

Institutions, trade and development : a quantitative analysis

Beverelli, Cosimo; Keck, Alexander; Larch, Mario; … - 2018

We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...

Persistent link: https://www.econbiz.de/10011800710

On the widely differing effects of free trade agreements : lessons from twenty years of trade integration

Baier, Scott L.; Yotov, Yoto V.; Zylkin, Thomas - 2016

We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...

Persistent link: https://www.econbiz.de/10011560677

Economic integration agreements, border effects, and distance elasticities in the gravity equation

Bergstrand, Jeffrey H.; Larch, Mario; Yotov, Yoto V. - 2013

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

Persistent link: https://www.econbiz.de/10010212649

Arming in the global economy : the importance of trade with enemies and friends

Garfinkel, Michelle Robin; Syropoulos, Constantinos; … - 2019 - Current version: December 10, 2018

We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one's incentive to arm given the opponent's...

Persistent link: https://www.econbiz.de/10011966909

Staggered difference-in-differences in gravity settings : revisiting the effects of trade agreements

Nagengast, Arne J.; Yotov, Yoto - 2023

We nest an extended two-way fixed effect (ETWFE) estimator for staggered difference-in-differences within the structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest that RTA estimates in the current gravity literature may be...

Persistent link: https://www.econbiz.de/10014431432