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Heterogeneous economic integration agreement effects
Baier, Scott L.; Bergstrand, Jeffrey H.; Clance, Matthew W. - 2015
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...
Persistent link: https://www.econbiz.de/10011309578
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The language effect in international trade : a meta-analysis
Egger, Peter; Lassmann, Andrea - 2011
Gravity models of international trade have been frequently applied to estimate the impact of common (official or spoken) language on bilateral trade. This study provides a meta-analysis based on 701 language effects collected from 81 academic articles. On average, a common (official or spoken)...
Persistent link: https://www.econbiz.de/10009412376
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The determinants of trade costs : a random coefficients approach
Egger, Peter; Průša, Jan - 2014
This paper assesses whether the sensitivity of bilateral trade volumes to various trade cost factors is constant or varies across countries. It utilizes a random coeffcients model and analyses a cross-sectional sample of bilateral trade data for 96 countries in 2005. We expect the elasticity of...
Persistent link: https://www.econbiz.de/10010371278
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On the widely differing effects of free trade agreements : lessons from twenty years of trade integration
Baier, Scott L.; Yotov, Yoto V.; Zylkin, Thomas - 2016
We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10011560677
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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
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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
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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
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Quantifying the extensive margin(s) of trade : the case of uneven European integration
Anderson, James E.; Yotov, Yoto - 2022
We propose a short-run theory of the extensive margins of trade, comprising the standard international extensive margin and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific policy effects not properly identified in previous...
Persistent link: https://www.econbiz.de/10013285497
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Economic integration agreements, border effects, and distance elasticities in the gravity equation
Bergstrand, Jeffrey H.; Larch, Mario; Yotov, Yoto V. - 2013
yields economically plausible and statistically significant estimates of the declining effect of “national borders” on world …
Persistent link: https://www.econbiz.de/10010212649
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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