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Cherniwchan, Jevan - 2018

the hypothesis that the introduction of maize increased population density and Trans-Atlantic slave exports in precolonial … Africa. We find robust empirical support for these predictions. We also find little evidence to suggest maize increased … economic growth or reduced conflict. Our results suggest that rather than stimulating development, the introduction of maize …

Persistent link: https://www.econbiz.de/10012916354

The Elasticity of Trade : Estimates and Evidence

Simonovska, Ina - 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/10013129252

Reducing Tariffs According to WTO Accession Rules : The Case of Vietnam

Fosse, Henrik Barslund - 2011

When Vietnam entered WTO in 2007 it was granted an accession period up to 2014. During this period tariffs would have to fall according to the accession agreement. This paper evaluates this 2007-2014 trade liberalization by building an applied general equilibrium model and calibrating it to the...

Persistent link: https://www.econbiz.de/10013118678

Economic Integration and the Optimal Corporate Tax Structure with Heterogeneous Firms

Bauer, Christian - 2011

We study the optimal combination of corporate tax rate and tax base in a model of a small open economy with heterogeneous firms. We show that it is optimal for the small country's government to effectively subsidize capital inputs by granting a tax allowance in excess of the true costs of...

Persistent link: https://www.econbiz.de/10013120658

Natural Disasters and the Effect of Trade on Income : A New Panel IV Approach

Felbermayr, Gabriel J. - 2011

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...

Persistent link: https://www.econbiz.de/10013121825

Preferences, Rent Destruction and Multilateral Liberalisation : The Building Block Effect of CUSFTA

Ketterer, Tobias - 2012

If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can...

Persistent link: https://www.econbiz.de/10013098332

Global Gains from Trade Liberalization

Fan, Haichao - 2012

What has been the overall global welfare impact of the accession to the World Trade Organization of a large country like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a simple user-friendly formula to calculate the global...

Persistent link: https://www.econbiz.de/10013108084

Icebergs Versus Tariffs : A Quantitative Perspective on the Gains from Trade

Felbermayr, Gabriel J. - 2013

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize...

Persistent link: https://www.econbiz.de/10013083872

Free Trade Agreements and the Consolidation of Democracy

Liu, Xuepeng - 2013

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This...

Persistent link: https://www.econbiz.de/10013086606

Trade Openness, Market Competition, and Inflation : Some Sectoral Evidence from OECD Countries

Binici, Mahir - 2013

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical studies often fail to account...

Persistent link: https://www.econbiz.de/10013091833