Showing 1 - 10 of 1,294
With the availability of international value added trade data it has become evident that gross export data and value …
Persistent link: https://www.econbiz.de/10010515478
empirical model which takes into account both that preferential trade agreement membership is endogenous and that the world …
Persistent link: https://www.econbiz.de/10008732241
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
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
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
Persistent link: https://www.econbiz.de/10003630682
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
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
We capitalize on the latest developments in the empirical structural gravity literature to revisit the question of whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non-discriminatory nature of GATT/WTO commitments by measuring the effects...
Persistent link: https://www.econbiz.de/10012030680
How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to the effect of currency unions on international trade. While we...
Persistent link: https://www.econbiz.de/10011867116