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Economic integration agreements, border effects, and distance elasticities in the gravity equation

Bergstrand, Jeffrey H.; Larch, Mario; Yotov, Yoto V. - 2013

yields economically plausible and statistically significant estimates of the declining effect of “national borders” on world …

Persistent link: https://www.econbiz.de/10010212649

On the heterogeneous trade and welfare effects of GATT/WTO membership

Felbermayr, Gabriel; Larch, Mario; Yalçin, Erdal; … - 2020

equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … general equilibrium effects of GATT/WTO on welfare, which are sizable and heterogeneous across members, and relatively small …

Persistent link: https://www.econbiz.de/10012287974

Subnational income growth and international border effects

Adam, Hanna L.; Larch, Mario; Stadelmann, David - 2021

This paper analyses the effect of international borders and of trade agreements at international borders on subnational (i.e. regional) growth. We construct an extensive panel dataset covering 1,350 regions in 86 countries worldwide between 1950 and 2017. Our results show that international...

Persistent link: https://www.econbiz.de/10012533891

Deep trade agreements and FDI in partial and general equilibrium : a structural estimation framework

Larch, Mario; Yotov, Yoto - 2022

We quantify the relationships between deep trade liberalization and foreign direct investment (FDI). To this end, we focus on the effects of Deep Trade Agreements (DTAs), and we rely on a structural framework that simultaneously enables us to (i) estimate the direct impact of DTAs on FDI, (ii)...

Persistent link: https://www.econbiz.de/10013384905

Macroeconomic potentials of transatlantic free trade : a high resolution perspective for Europe and the world

Felbermayr, Gabriel; Heid, Benedikt; Larch, Mario; … - 2014

since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics … gains for Germany (+3.5%), Europe (3.9%), and the world (+1.6%), but that it could also harm third countries. …

Persistent link: https://www.econbiz.de/10010418142

Macroeconomic Potentials of Transatlantic Free Trade : A High Resolution Perspective for Europe and the World

Felbermayr, Gabriel J. - 2014

since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics … gains for Germany (3.5%), Europe (3.9%), and the world (1.6%), but that it could also harm third countries …

Persistent link: https://www.econbiz.de/10013044668

Economic determinants of regional trade agreements revisited using machine learning

Blöthner, Simon; Larch, Mario - 2021

While traditional empirical models using determinants like size and trade costs are able to predict RTA formation reasonably well, we demonstrate that allowing for machine detected non-linear patterns helps to improve the predictive power of RTA formation substantially. We employ machine...

Persistent link: https://www.econbiz.de/10012602123

Estimating the effects of trade agreements : lessons from 60 years of methods and data

Larch, Mario; Yotov, Yoto - 2023

Starting with Tinbergen (1962), quantifying the effects of regional trade agreements (RTAs) on international trade flows has always been among the most popular topics in the trade literature. Also not surprisingly, to estimate the effects of RTAs, most researchers and policy analysts have relied...

Persistent link: https://www.econbiz.de/10013540804

Economic Integration Agreements, Border Effects, and Distance Elasticities in the Gravity Equation

Bergstrand, Jeffrey H.; Larch, Mario; Yotov, Yoto V. - 2021

yields economically plausible and statistically significant estimates of the declining effect of “national borders” on world …

Persistent link: https://www.econbiz.de/10013315671

Growth and trade with frictions : a structural estimation framework

Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...

Persistent link: https://www.econbiz.de/10011298529