with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa …In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments … we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the …

model, where the UK can commit to mobility, and the EU may constrain trade to dissuade future secession, or to punish the UK …. The model highlights the importance of whether the EU views trade and labor mobility as substitutes, in line with standard … trade theory, or as complements, as suggested by EU statements about inseparable freedoms. In the former case, the UK can …

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 put this trade policy initiative in its broader perspective. We argue …

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 model. We motivate our estimator by proving that the estimator developed in …

to fall according to the accession agreement. This paper evaluates this 2007-2014 trade liberalization by building an …

trade barriers fall, in addition to the well-known direct effects …

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and … natural disasters affect bilateral trade, and that this effect is conditioned by geographical variables such as distance to …

If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading …. We argue that the Canadian-US free trade agreement (CUSFTA) provides an ideal policy experiment to link this mechanism to …

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 …