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Gravity Estimation of the Intensive and Extensive Margins of Trade : An Alternative Procedure with Alternative Data
Flam, Harry - 2011
. By using data on the number of bilaterally traded products we improve on identification and allow estimation of the …
Persistent link: https://www.econbiz.de/10013128040
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Gravity, Distance, and International Trade
Baier, Scott L. - 2017
We review and interpret the main theoretical developments in the gravity literature from its very early, a-theoretical applications to the latest structural contributions. We also discuss challenges and implement methods to estimate empirical gravity equations. We finish with a presentation and...
Persistent link: https://www.econbiz.de/10012960473
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Panel Data Gravity Models of International Trade
Baltagi, Badi H. - 2014
One of the oldest and largest literatures in empirical economics is concerned with the estimation of demand and supply … structure of the data. This chapter is concerned with a host of issues that arise with the estimation of such models, respecting … their panel econometric generic structure. The issues covered range from the estimation of double-indexed versus higher …
Persistent link: https://www.econbiz.de/10013058498
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Is the International Border Effect Larger than the Domestic Border Effect? Evidence from U.S. Trade
Coughlin, Cletus C. - 2013
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/10013095339
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Kyoto and Carbon Leakage : An Empirical Analysis of the Carbon Content of Bilateral Trade
Aichele, Rahel; Felbermayr, Gabriel J. - 2021
Has the Kyoto Protocol induced carbon leakage? We conduct the first empirical ex-post evaluation of the Protocol. We derive a theoretical gravity equation for the CO2 content of trade, which accounts for intermediate inputs, both domestic and imported. The structure of our new panel database of...
Persistent link: https://www.econbiz.de/10013315947
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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 … phase-ins of agreements, lagged terms-of-trade effects, reverse causality, various estimation techniques, disaggregation …
Persistent link: https://www.econbiz.de/10013315671
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Estimating the Effects of Non-Discriminatory Trade Policies within Structural Gravity Models
Heid, Benedikt - 2019
We propose a simple method to identify the effects of unilateral and non-discriminatory trade policies on bilateral trade within a theoretically-consistent empirical gravity model. Specifically, we argue that structural gravity estimations should be performed with data that include not only...
Persistent link: https://www.econbiz.de/10012900279
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Estimating Trade Policy Effects with Structural Gravity
Piermartini, Roberta; Yotov, Yoto V. - 2021
The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
Persistent link: https://www.econbiz.de/10013315492
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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
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Does WTO Membership Make a Difference at the Extensive Margin of World Trade?
Felbermayr, Gabriel J. - 2007
estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose's results seem to indicate …
Persistent link: https://www.econbiz.de/10012777730