What has been the overall global welfare impact of the accession to the World Trade Organization of a large country … simple user-friendly formula to calculate the global welfare impact of the simultaneous trade liberalization of a number of … countries? How sensitive is the answer to the assumption of the trade model? We find a striking answer to these questions. We …

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 their gains from trade equation. Our formula permits easy …

of the freeness-of-trade variable is ambiguous. Because the latter is an indicator for integration in the world markets …, we conclude that more integration may neutralize the negative interregional distribution effects of trade …We study the effect of international trade and freeness of trade (openness) on interregional inequality within …

This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit …. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy … analysis and allows to obtain estimates and confidence intervals which are consistent with structural trade theory. Assuming …

to sizable errors in the estimates of the gains from trade in models featuring firm selection. I propose using a mixed …

We use a quantitative model to study the implications of European integration for welfare and migration flows across 1 …,318 regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 1-2 percent on … average, depending on the presumed trade elasticity. However, remote regions may face initial welfare losses of up to 4 …

Trade data are typically reported at the level of regions or countries and are therefore aggregates across space. In … on border effects in domestic and international trade. Our theory shows that larger countries are systematically … effects. We test our theory on domestic and international trade flows at the level of U.S. states. Our results confirm the …