Narrow search
Showing 1 - 10 of 683
Cover Image
Putting Quantitative Models to the Test: An Application to Trump's Trade War
Adão, Rodrigo; Costinot, Arnaud; Donaldson, Dave - 2023
The primary motivation behind quantitative modeling in international trade and many other fields is to shed light on the economic consequences of policy changes. To help assess and potentially strengthen the credibility of such quantitative predictions we introduce an IV-based goodness-of-fit...
Persistent link: https://www.econbiz.de/10014377458
Cover Image
Putting Quantitative Models to the Test : An Application to Trump's Trade War
Adao, Rodrigo; Costinot, Arnaud; Donaldson, Dave - 2023
The primary motivation behind quantitative modeling in international trade and many other fields is to shed light on the economic consequences of policy changes. To help assess and potentially strengthen the credibility of such quantitative predictions we introduce an IV-based goodness-of-fit...
Persistent link: https://www.econbiz.de/10014347992
Cover Image
Staggered Difference-in-Differences in Gravity Settings: Revisiting the Effects of Trade Agreements
Nagengast, Arne J.; Yotov, Yoto V. - 2023
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 biased downward (by more than 50% in our sample). Sensitivity … and for gravity regressions on migration and FDI flows. …
Persistent link: https://www.econbiz.de/10014469385
Cover Image
Trade blocs and trade wars during the interwar period
Jacks, David S.; Novy, Dennis - 2019
What precisely were the causes and consequences of the trade wars in the 1930s? Were there perhaps deeper forces at work in reorienting global trade prior to the outbreak of World War II? And what lessons may this particular historical episode provide for the present day? To answer these...
Persistent link: https://www.econbiz.de/10012052771
Cover Image
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
Cover Image
Borders and distance in knowledge spillovers: dying over time or dying with age? ; evidence from patent citations
Li, Yao - 2009
This paper uses a gravity framework to investigate the effects of distance as well as subnational and national borders …
Persistent link: https://www.econbiz.de/10010264618
Cover Image
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
Cover Image
The elasticity of trade: Estimates and evidence
Simonovska, Ina; Waugh, Michael E. - 2011
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
Cover Image
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
Cover Image
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