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Growth and trade with frictions : a structural estimation framework

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

. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

Persistent link: https://www.econbiz.de/10011298529

Estimating the effects of nondiscriminatory trade policies within structural gravity models

Heid, Benedikt; Larch, Mario; Yotov, Yoto V. - 2017

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/10011750135

Institutions, trade and development : a quantitative analysis

Beverelli, Cosimo; Keck, Alexander; Larch, Mario; … - 2018

We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...

Persistent link: https://www.econbiz.de/10011800710

Exploring the intensive and extensive margins of world trade : presented at Venice Summer Institute, Workshop on Dissecting Globalization, July 2004

Felbermayr, Gabriel; Kohler, Wilhelm - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a "cornersolutions- version"of the gravity model to …

Persistent link: https://www.econbiz.de/10011450770

Distance, globalization, and international trade

Borchert, Ingo; Yotov, Yoto V. - 2016

For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization affects manufacturing trade over the period 1986-2006 and show that, on average, the effect of distance has fallen whereas the effects of proximity and regional trade agreements...

Persistent link: https://www.econbiz.de/10011586305

Skill policies for Scotland

Heckman, James J. (contributor); … - 2005

This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. Targeted early...

Persistent link: https://www.econbiz.de/10002576887

Natural disasters and the effect of trade on income : a new panel IV approach

Felbermayr, Gabriel; Gröschl, Jasmin - 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/10009240715

Does WTO membership make a difference at the extensive margin of world trade?

Felbermayr, Gabriel (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003463001

Econometric mixture models and more general models for unobservables in duration analysis

Heckman, James J.; Taber, Christopher - 1994

Persistent link: https://www.econbiz.de/10000913801

Simulation and estimation of hedonic models

Heckman, James J. - 2003

Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...

Persistent link: https://www.econbiz.de/10011509388