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The Elasticity of Trade: Estimates and Evidence
Simonovska, Ina; Waugh, Michael E. - CESifo - 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/10008853860
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Dialects, Cultural Identity, and Economic Exchange
Falck, Oliver; Heblich, Stephan; Lameli, Alfred; … - CESifo - 2010
a gravity analysis, we show that current cross-regional migration is positively affected by historical dialect …
Persistent link: https://www.econbiz.de/10008583636
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Transatlantic Free Trade: The View Point of Germany
Felbermayr, Gabriel J.; Aichele, Rahel - CESifo - 2014
The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have strong economic effects on Germany. In this paper, we...
Persistent link: https://www.econbiz.de/10011120476
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Same Same But Different: Dialects and Trade
Lameli, Alfred; Nitsch, Volker; Suedekum, Jens; Wolf, … - CESifo - 2013
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade significantly more with each other than countries using different languages, holding other factors constant. In this paper, we show that this trade-promoting effect of language...
Persistent link: https://www.econbiz.de/10010877639
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Education, Unemployment and Migration
Eggert, Wolfgang - 2009
This paper studies a two-region model in which unemployment, education decisions and interregional migration are endogenous. The poorer region exhibits both lower wages and higher unemployment rates, and migrants to the richer region are disproportionately skilled. The brain drain from the poor...
Persistent link: https://www.econbiz.de/10012766901
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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
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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
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Friends without Benefits? New EMU Members and the ‘Euro Effect’ on Trade
Mika, Alina - 2017
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/10012962673
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Where is the Value Added? Trade Liberalization and Production Networks
Aichele, Rahel - 2019
-sector gravity model with inter-sectoral linkages. We calibrate the model and perform a counterfactual analysis of China's WTO …
Persistent link: https://www.econbiz.de/10012902861
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The Dynamics of Comparative Advantage
Hanson, Gordon H. - 2015
This paper characterizes the dynamic empirical properties of country export capabilities in order to inform modelling of the long-run behavior of comparative advantage. The starting point for our analysis is two strong empirical regularities in international trade that have previously been...
Persistent link: https://www.econbiz.de/10013009768