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Where is the value added? : trade liberalization and production networks

Aichele, Rahel; Heiland, Inga - 2016

theory-based measures for production networks from a multi-sector gravity model with inter-sectoral linkages to analyze the …, calibrate it to the year 2000 using the World Input-Output Database, and perform a counterfactual analysis of China’s WTO … and for about 7% of the decline in this figure on the world level as observed between 2000 and 2007. Furthermore, our …

Persistent link: https://www.econbiz.de/10011517926

Going deep : the trade and welfare effects of TTIP

Aichele, Rahel; Felbermayr, Gabriel J.; Heiland, Inga - 2014

rest of the world relative to the status quo. However, there is substantial heterogeneity across the 134 geographical …

Persistent link: https://www.econbiz.de/10010469287

Government size, trade openness, and output volatility : a case of fully integrated economies

Fujii, Eiji - 2015 - This version: October 2015

Government is often considered the safe sector of an open economy that provides households with insurance against external risk exposure. Among highly integrated economies, however, households should be able to exploit common financial markets to insure themselves. In this paper we examine the...

Persistent link: https://www.econbiz.de/10011350143

Reconsidering the price-income relationship across countries

Fujii, Eiji - 2013 - This version: February 2013

This study reconsiders the well-known cross-country positive association between prices and income by focusing on heterogeneity between the inter-developed-country and inter-developing-country relationships. Empirical results reveal not only that developed and developing countries differ in...

Persistent link: https://www.econbiz.de/10009707555

Transatlantic free trade : the view point of Germany

Felbermayr, Gabriel; Aichele, Rahel - 2014

America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have …

Persistent link: https://www.econbiz.de/10010469280

Exchange rate misalingment estimates : sources of differences

Cheung, Yin-Wong; Fujii, Eiji - 2011

We study the differences of currency misalignment estimates obtained from alternative datasets derived from two International Comparison Program (ICP) surveys. A decomposition exercise reveals that the year 2005 misalignment estimates are substantially affected by the ICP price revision....

Persistent link: https://www.econbiz.de/10009272286

Kyoto and carbon leakage : an empirical analysis of the carbon content of bilateral trade

Aichele, Rahel; Felbermayr, Gabriel - 2011

Has the Kyoto Protocol induced carbon leakage? We conduct the first empirical ex-post evaluation of the Protocol. We derive a theoretical gravity equation for the CO2 content of trade, which accounts for intermediate inputs, both domestic and imported. The structure of our new panel database of...

Persistent link: https://www.econbiz.de/10009383458

What does trade openness measure?

Fujii, Eiji - 2017 - This version: September 7, 2017

segmented diverse countries around the world. The information it conveys is better characterized as the extent of the economic …

Persistent link: https://www.econbiz.de/10011721716

Currency portfolio of external debt, exchange rate cyclicality, and consumption volatility

Fujii, Eiji - 2020

Even though external debt can play a buffer role against adverse shocks to assist consumption smoothing, it may also exert a volatility amplifying effect, depending on the currency of denomination and the cyclicality of the borrower’s exchange rate. We empirically investigate the nexus between...

Persistent link: https://www.econbiz.de/10012218984