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Epidemiological models assume gravity-like interactions of individuals across space without microfoundations. We … of people across space obey a structural gravity equation. By means of an application to data from Great Britain we show … that our structural-gravity framework: provides a rationale for quarantines; offers a clear mapping from observed geography …
Persistent link: https://www.econbiz.de/10012833717
and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 …-sectional gravity approach, we show that an uncertainty shock directly reduces cross-border trade flows. The paper illustrates the …
Persistent link: https://www.econbiz.de/10014290194
countries which adopted the common currency since 2002. Based on “state of the art” gravity estimations for the period 1992 …-2013, we reach three main conclusions. First, estimates from an appropriately specified and estimated gravity equation provide … global average during the 2002-2013 period. Using the functional form of a theory-consistent gravity equation, we perform …
Persistent link: https://www.econbiz.de/10011615863
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...
Persistent link: https://www.econbiz.de/10010274793
”). 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
a gravity analysis, we show that current cross-regional migration is positively affected by historical dialect …
Persistent link: https://www.econbiz.de/10010266077
The extensive literature on university graduates' regional mobility highlights the importance of early mobility but is primarily descriptive. We contribute the identification of the effect of mobility upon high-school graduation on subsequent mobility across labour market regions. The data...
Persistent link: https://www.econbiz.de/10013427708
In early 2020, the disease Covid-19 caused a drastic lockdown of the Chinese economy. We use a quantitative trade model with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through international trade and global value chains (GVCs). We find...
Persistent link: https://www.econbiz.de/10012314859
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/10012582142
In early 2020, the disease Covid-19 caused a drastic lockdown of the Chinese economy. We use a quantitative trade model with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through international trade and global value chains (GVCs). We find...
Persistent link: https://www.econbiz.de/10013315297