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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

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

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

Unemployment in an interdependent world

Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2009

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...

Persistent link: https://www.econbiz.de/10003887183

Cutting through the value chain : the long-run effects of decoupling the East from the West

Felbermayr, Gabriel; Mahlkow, Hendrik; Sandkamp, … - 2022

exports of the imposing country group from and to the rest of the world. The targeted country group increases exports to the … rest of the world and reduces imports. Welfare falls in all countries involved, suggesting that governments should strive …

Persistent link: https://www.econbiz.de/10013186412

Quantifying the EU-Japan economic partnership agreement

Felbermayr, Gabriel; Kimura, Fukunari; Okubo, Toshihiro; … - 2018

This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model, featuring multiple sectors, input-output linkages, services...

Persistent link: https://www.econbiz.de/10011903006

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

Felbermayr, Gabriel (contributor); … - 2007

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

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

Naturally negative : the growth effects of natural disasters

Felbermayr, Gabriel; Gröschl, Jasmin Katrin - 2013

Growth theory predicts that natural disasters should, on impact, lower GDP per capita. However, the empirical literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance companies. We argue that this may lead to estimation bias as...

Persistent link: https://www.econbiz.de/10010199740

Macroeconomic potentials of transatlantic free trade : a high resolution perspective for Europe and the world

Felbermayr, Gabriel; Heid, Benedikt; Larch, Mario; … - 2014

since the Uruguay Round (1986 to 1994). It would create a free trade zone covering 45% of world GDP. However, critics … gains for Germany (+3.5%), Europe (3.9%), and the world (+1.6%), but that it could also harm third countries. …

Persistent link: https://www.econbiz.de/10010418142