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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
of partial US sanctions decreases trade by 16 percent. When complete export and import sanctions are implemented, US …, respectively. In contrast, the application of partial export and import sanctions leads to a decrease in trade by 13 percent and 17 …
Persistent link: https://www.econbiz.de/10014464169
Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … well as inventory and per shipments costs. Using a cross section of monthly firm-product-destination level French export … uncertainty by reducing their sales and, for a given export volume, by reducing their number of shipments and increasing their …
Persistent link: https://www.econbiz.de/10010338670
In this paper we revisit the evidence on the effects of time spent on border-crossing procedures for international trade using a theory-consistent structural gravity model. We exploit a rich panel data set including domestic trade flows and employ a recent econometric estimator that exhibits...
Persistent link: https://www.econbiz.de/10011952072
The analysis of Baltic trade statistics and gravity estimates reveal that Estonia, Latvia and Lithuania have rapidly integrated into the international division of labour with a distinct EU focus. The Baltic States have taken a road towards the EU common market which pays particular attention to...
Persistent link: https://www.econbiz.de/10010273120
Helpman, Melitz and Rubinstein (2008) derive gravity equations to estimate effects of trade barriers on the intensive and extensive margins of trade. They exploit the frequency of zeros in aggregate bilateral trade data to identify effects on the extensive margin and to obtain controls for firm...
Persistent link: https://www.econbiz.de/10009011147
Recent empirical studies have been searching for evidence on and driving forces for offshoring. Frequently, this has been done by analyzing gross trade flows related to offshore activities using gravity equations augmented by ad hoc measures of supply-side country differences. This paper...
Persistent link: https://www.econbiz.de/10009535108
A structural gravity model is used to estimate barriers to services trade across many sectors, countries and time. Since the disaggregated output data needed to flexibly infer border barriers are often missing for services, we derive a novel methodology for projecting output data. The empirical...
Persistent link: https://www.econbiz.de/10011375675
and empirically the influence of variable and fixed export costs in explaining the likely heterogeneity in the trade … motivate theoretically the roles of variable trade costs and of fixed and variable export costs, respectively, for explaining … variables, capturing variable and fixed export costs. Fourth, we show that such estimated heterogeneous effects can predict 83 …
Persistent link: https://www.econbiz.de/10011309578
Carbon tariffs are one prominently discussed environmental policy. The proponents stress the carbon tariffs' ability to mitigate the potential negative effect of environmental-friendly production on competitiveness, to avoid carbon leakage and to reduce world carbon emissions. We analyze the...
Persistent link: https://www.econbiz.de/10010235843