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Trade Costs, Market Access and Economic Geography : Why the Empirical Specification of Trade Costs Matters

Bosker, Erik Maarten; Garretsen, Harry - 2021

Trade costs are crucial in new economic geography (NEG) models. The unavailability of actual trade costs data requires the approximation of trade costs. Most NEG studies do not deal with the ramifications of the particular trade costs specification used. This paper shows that the specification...

Persistent link: https://www.econbiz.de/10013316892

Trade costs, trade balances and current accounts : an application of gravity to multilateral trade

Fazio, Giorgio; MacDonald, Ronald; Melitz, Jacques - 2005

explaining the so-called Feldstein-Horioka puzzle. Using a gravity framework in an intertemporal context, we provide strong …

Persistent link: https://www.econbiz.de/10010261322

International trade integration: a disaggregated approach

Chen, Natalie; Novy, Dennis - 2009

This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance. This trade integration measure is consistent with a...

Persistent link: https://www.econbiz.de/10010264596

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

Turkish delight for some, cold turkey for others?: The effects of the EU-Turkey Customs Union

Adam, Antonis; Moutos, Thomas - 2005

Following Turkey’s application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly covering trade in manufacturing goods and processed agricultural products, came into effect in 1995. In addition to a large agricultural sector, Turkey also specializes in the...

Persistent link: https://www.econbiz.de/10010261340

Import Processing and Trade Costs

Carballo, Jerónimo; Graziano, Alejandro; Schaur, Georg; … - 2021

Trade facilitation policy focuses on accelerated and transparent shipment processing to reduce trade costs. A common measure to evaluate processing frictions is the time it takes to import. In this paper we translate import processing times to costs. Our theory considers that shipment processing...

Persistent link: https://www.econbiz.de/10013219078

Gravity-Model Estimation with Time-Interval Data : Revisiting the Impact of Free Trade Agreements

Egger, Peter - 2020

We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic …

Persistent link: https://www.econbiz.de/10012822506

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

The language effect in international trade: A meta-analysis

Egger, Peter; Lassmann, Andrea - 2011

Gravity models of international trade have been frequently applied to estimate the impact of common (official or spoken …

Persistent link: https://www.econbiz.de/10010280634

Corporate tax systems, multinational enterprises, and economic integration

Kind, Hans Jarle; Midelfart, Karen Helene; Schjelderup, … - 2004

Multinational firms are known to shift profits and countries are known to compete over shifty profits. Two major principles for corporate taxation are Separate Accounting (SA) and Formula Apportionment (FA). These two principles have very different qualities when it comes to preventing profit...

Persistent link: https://www.econbiz.de/10010261230

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