benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …-country inequality: the standard deviation of log capital per employee is 80% higher than it would be in a world without barriers to …

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

reduce world carbon emissions. We analyze the effects of carbon tariffs on trade, welfare and carbon emissions in a multi … countries. Most remarkably, world carbon emissions increase by 0.49 percent in the investigated counterfactual scenario, with a …

with the World Bank’s Global Bilateral Migration Database. Overall, our results suggest little evidence that natural …

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 …