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International trade integration: a disaggregated approach
Chen, Natalie; Novy, Dennis - 2009
trade barriers for manufacturing industries in European Union countries between 1999 and 2003. We find a large degree of … trade cost heterogeneity across industries. The most important trade barriers are transportation costs and policy factors …
Persistent link: https://www.econbiz.de/10010264596
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Gravity redux: Measuring international trade costs with panel data
Novy, Dennis - 2011
Barriers to international trade are known to be large but due to data limitations it is hard to measure them directly for a large number of countries over many years. To address this problem I derive a micro-founded measure of bilateral trade costs that indirectly infers trade frictions from...
Persistent link: https://www.econbiz.de/10010278880
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Is the international border effect larger than the domestic border effect? : evidence from U.S. trade
Coughlin, Cletus C.; Novy, Dennis - 2009
Many studies have found that international borders represent large barriers to trade. But how do international borders compare to domestic border barriers? We investigate international and domestic border barriers in a unified framework. We consider a unique data set of exports from individual...
Persistent link: https://www.econbiz.de/10010272315
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Estimating Border Effects: The Impact of Spatial Aggregation
Coughlin, Cletus C.; Novy, Dennis - 2016
this paper, we investigate the sensitivity of standard gravity estimation to spatial aggregation. We build a model in which …. Even if no border frictions exist at the micro level, gravity estimation on aggregate data can still produce large border …
Persistent link: https://www.econbiz.de/10011480462
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Multimarket Linkages, Cartel Discipline and Trade Costs
Agnosteva, Delina; Syropoulos, Constantinos; Yotov, Yoto V. - 2017
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10011794168
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FDI, Trade Integration and the Border Effect: Evidence from the European Union
Martínez-San Román, Valeriano; Bengoa, Marta; … - 2014
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern -horizontal versus vertical- within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture trade...
Persistent link: https://www.econbiz.de/10010398609
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Currency Unions, Trade, and Heterogeneity
Chen, Natalie; Novy, Dennis - 2018
How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation …
Persistent link: https://www.econbiz.de/10011887383
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International trade and monopolistic competition without CES: Estimating translog gravity
Novy, Dennis - 2010
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity … to be zero. I test the translog gravity equation and find strong empirical support in its favor. In an application to the …
Persistent link: https://www.econbiz.de/10010270479
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Same Same But Different: Dialects and Trade
Lameli, Alfred; Nitsch, Volker; Suedekum, Jens; Wolf, … - 2013
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade significantly more with each other than countries using different languages, holding other factors constant. In this paper, we show that this trade-promoting effect of language...
Persistent link: https://www.econbiz.de/10010312852
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Consequences of FTA Withdrawal: Evidence from "Uxit"
Gnutzmann, Hinnerk; Gnutzmann-Mkrtchyan, Arevik; Korn, … - 2021
”). Based on the gravity model of international trade, we provide evidence from triple difference–in–differences as well as PPML …
Persistent link: https://www.econbiz.de/10012493005