Showing 71 - 80 of 1,318
Persistent link: https://www.econbiz.de/10012627764
, revealing that deepening existing agreements (the intensive margin of regional integration) could boost world trade by 5 percent … and world GDP by 1 percent. The expected gains from deepening agreements within or across regions vary depending on the …
Persistent link: https://www.econbiz.de/10012801551
We build on the latest developments in the structural gravity literature to quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the...
Persistent link: https://www.econbiz.de/10012287974
the world output loss that materialized during the great recession would have been 13% lower in absence of GFU shocks. We … after GFU shocks, the larger the world output contraction is. …
Persistent link: https://www.econbiz.de/10012431805
We propose a short-run model of the extensive margin of trade and deploy it to distinguish and quantify domestic and cross-border margins. Our empirical focus is on the domestic extensive margin of trade (domestic distribution of a product) and its importance for quantifying policy and...
Persistent link: https://www.econbiz.de/10012404546
Persistent link: https://www.econbiz.de/10012372872
Persistent link: https://www.econbiz.de/10012521039
Persistent link: https://www.econbiz.de/10012486341
benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …-country inequality: the standard deviation of log capital per employee is 80% higher than it would be in a world without barriers to …
Persistent link: https://www.econbiz.de/10012514947
the framework of ‘the new quantitative trade model.' We complement theory with a simple two-stage estimating procedure …
Persistent link: https://www.econbiz.de/10012669805