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On the Effects of Sanctions on Trade and Welfare : New Evidence Based on Structural Gravity and a New Database

Felbermayr, Gabriel J. - 2019

Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade and welfare. We make use of the rich dimensionality of our data and of the latest developments in the structural gravity literature. Starting with a broad evaluation by sanction...

Persistent link: https://www.econbiz.de/10012866418

The Global Sanctions Data Base – Release 3 : COVID-19, Russia, and Multilateral Sanctions

Syropoulos, Constantinos; Felbermayr, Gabriel J.; … - 2022

This paper introduces the third update/release of the Global Sanctions Data Base (GSDB-R3). The GSDB-R3 extends the period of coverage from 1950-2019 to 1950-2022, which includes two special periods – COVID-19 and the war between Russia and Ukraine. The new update of the GSDB contains a total...

Persistent link: https://www.econbiz.de/10014241203

Decoupling Global Value Chains

Eppinger, Peter; Felbermayr, Gabriel J.; Krebs, Oliver; … - 2021

Recent disruptions to global value chains (GVCs) have raised an important question: Can decoupling from GVCs increase a country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs decoupling, defined as increased barriers to global...

Persistent link: https://www.econbiz.de/10013227605

Exploring the intensive and extensive margins of world trade

Felbermayr, Gabriel J.; Kohler, Wilhelm K. - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a ?cornersolutions- version? of the gravity model to …

Persistent link: https://www.econbiz.de/10010274453

Natural disasters and the effect of trade on income: A new panel IV approach

Felbermayr, Gabriel J.; Gröschl, Jasmin - 2011

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...

Persistent link: https://www.econbiz.de/10010277354