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A simple method to quantify the ex-ante effects of "deep" trade liberalization and "hard" trade protection

Larch, Mario; Tan, Shawn W.; Yotov, Yoto - 2021

the "hard" effects of protection with the empirical structural gravity model. Specifically, we argue that the difference …

Persistent link: https://www.econbiz.de/10012599928

The currency union effect : a PPML reassessment with high-dimensional fixed effects

Larch, Mario; Wanner, Joschka; Yotov, Yoto V.; Zylkin, … - 2017

Recent work on the effects of currency unions (CUs) on trade stresses the importance of using many countries and years in order to obtain reliable estimates. However, for large samples, computational issues limit choice of estimator, leaving an important methodological gap. To address this gap,...

Persistent link: https://www.econbiz.de/10011653596

A tale of (almost) 1001 coefficients : deep and heterogeneous effects of the EU-Turkey Customs Union

Larch, Mario; Schmeißer, Aiko F.; Wanner, Joschka - 2019

heterogeneity in the CUEUT effect is found across different industries as well as for each of its member countries and the direction …

Persistent link: https://www.econbiz.de/10011966895

Subnational income growth and international border effects

Adam, Hanna L.; Larch, Mario; Stadelmann, David - 2021

This paper analyses the effect of international borders and of trade agreements at international borders on subnational (i.e. regional) growth. We construct an extensive panel dataset covering 1,350 regions in 86 countries worldwide between 1950 and 2017. Our results show that international...

Persistent link: https://www.econbiz.de/10012533891

Estimating general equilibrium trade policy effects : GE PPML

Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015

We develop a simple estimation procedure for general equilibrium (GE) comparative static analysis of gravity models … equilibrium responses. The method works by fully exploiting the combined properties of structural gravity and PPML. Our procedures …

Persistent link: https://www.econbiz.de/10011384362

Gravity-model estimation with time-interval data : revisiting the impact of free trade agreements

Egger, Peter; Larch, Mario; Yotov, Yoto - 2020

We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic …

Persistent link: https://www.econbiz.de/10012287795

On the heterogeneous trade and welfare effects of GATT/WTO membership

Felbermayr, Gabriel; Larch, Mario; Yalçin, Erdal; … - 2020

We build on the latest developments in the structural gravity literature to quantify the partial and general …

Persistent link: https://www.econbiz.de/10012287974

Quantifying the impact of economic sanctions on international trade in the energy and mining sectors

Larch, Mario; Shikher, Serge; Syropoulos, Constantinos; … - 2021

Capitalizing on the latest developments in the gravity literature, we utilize two new datasets on sanctions and trade …. We demonstrate that the gravity equation is well suited to model bilateral trade in mining and find that sanctions have … on mining trade across mining industries and across sanction episodes/cases, depending on the sanctioning and sanctioned …

Persistent link: https://www.econbiz.de/10012428959

Estimating the effects of trade agreements : lessons from 60 years of methods and data

Larch, Mario; Yotov, Yoto - 2023

of RTAs, most researchers and policy analysts have relied on the workhorse model of trade-the gravity equation. Over the …

Persistent link: https://www.econbiz.de/10013540804

Spain, split and talk : quantifying regional independence

Adam, Hanna L.; Larch, Mario; Paniagua, Jordi - 2023

We quantify the economic impact of a potential secession of Catalonia from Spain. Using a novel dataset of trade flows between 17 Spanish sub-national regions and 142 countries, we estimate effects of different levels of borders on trade flows and uncover heterogeneity in country-to-country,...

Persistent link: https://www.econbiz.de/10014422586