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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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Going deep : the trade and welfare effects of TTIP
Aichele, Rahel; Felbermayr, Gabriel J.; Heiland, Inga - 2014
rest of the world relative to the status quo. However, there is substantial heterogeneity across the 134 geographical …
Persistent link: https://www.econbiz.de/10010469287
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The falling elasticity of global trade to economic activity : testing the demand channel
Auboin, Marc; Borino, Floriana - 2018
Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre-crisis, in both absolute terms (growth rates) and relative terms (relative to GDP, from 2:1 in the great 1990's to 1:1 since 2012) A debate has arisen as to whether this global trade...
Persistent link: https://www.econbiz.de/10011900772
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The (Structural) Gravity of Epidemics
Cuñat, Alejandro; Zymek, Robert - 2020
Epidemiological models assume gravity-like interactions of individuals across space without microfoundations. We combine a simple epidemiological frame-work with a dynamic model of individual location choice. The model predicts that flows of people across space obey a structural gravity...
Persistent link: https://www.econbiz.de/10012219352
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Gravity without apology : the science of elasticities, distance, and trade
Carrère, Céline; Mrázová, Monika; Neary, J. Peter - 2020
Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has featured prominently in the policy debate over Brexit. We first review the facts, noting the overwhelming evidence that trade tends to fall with distance. We then introduce some...
Persistent link: https://www.econbiz.de/10012177012
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Product-level trade elasticities : worth weighting for
Fontagné, Lionel; Guimbard, Houssein; Orefice, Gianluca - 2020
Trade elasticity is a crucial parameter in evaluating the welfare impacts of changes in trade frictions. The value of this parameter varies widely across product categories, however, which is especially important for developing countries' evaluation of the welfare gains from trade. We estimate,...
Persistent link: https://www.econbiz.de/10012260974
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Batman forever? : the role of trademarks for reuse in the US comics industry
Kaiser, Franziska; Cuntz, Alexander; Peukert, Christian - 2023
We study how trademarks affect reuse of creative works in the comics industry. As a creative industry, the comics industry systematically relies on copyrights. But trademark protection can also be exploited to generate income from the reuse of comic characters or to strategically exclude others...
Persistent link: https://www.econbiz.de/10014252405
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The dynamics of comparative advantage
Hanson, Gordon H.; Lind, Nelson; Muendler, Marc-Andreas - 2015
This paper characterizes the dynamic empirical properties of country export capabilities in order to inform modelling … heavy-tailed distribution of industry export capabilities that is approximately log normal and whose shape is stable across … productivities. We establish that mean reversion in export capability, rather than indicative of convergence in productivities or …
Persistent link: https://www.econbiz.de/10011392498
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Food prices and the multiplier effect of export policy
Giordani, Paolo E.; Rocha, Nadia; Ruta, Michele - 2012
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss … complementarity between the price of food in international markets and export policy. Specifically, unilateral actions by exporting …, governments respond by imposing export restrictions (subsidies), thus exacerbating the initial shock and soliciting further export …
Persistent link: https://www.econbiz.de/10009522310
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Price equalization does not imply free trade
Mutreja, Piyusha; Ravikumar, B.; Riezman, Raymond Glenn; … - 2013
In this paper we show that price equalization alone is not sufficient to determine the barriers to international trade. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of trade. We demonstrate this first theoretically in a...
Persistent link: https://www.econbiz.de/10009700288