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Currency unions, trade, and heterogeneity

Chen, Natalie; Novy, Dennis - 2018

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

The effects of transit systems on international trade

Carballo, Jerónimo; Graziano, Alejandro G.; Schaur, Georg - 2021 - This version: October 2021

$ 3-to-1. The estimation results also suggest that existing frameworks that emphasize shipping frequency and the formation …

Persistent link: https://www.econbiz.de/10012643557

Subnational income growth and international border effects

Adam, Hanna L.; Larch, Mario; Stadelmann, David - 2021

This paper analyses the effect of international borders and of trade agreements at international borders on subnational (i.e. regional) growth. We construct an extensive panel dataset covering 1,350 regions in 86 countries worldwide between 1950 and 2017. Our results show that international...

Persistent link: https://www.econbiz.de/10012533891

Border effects without borders : what divides Japan's Internal Trade?

Wrona, Jens - 2018

This paper identifies a "border" effect in the absence of a border. The finding that trade between East- and West-Japan is 23.1 to 51.3 percent lower than trade within both country parts, is established despite the absence of an obvious east-west division due to historical borders, cultural...

Persistent link: https://www.econbiz.de/10011853219

Gravity estimation of the intensive and extensive margins of trade : an alternative procedure with alternative data

Flam, Harry; Nordström, Håkan - 2011

. By using data on the number of bilaterally traded products we improve on identification and allow estimation of the … heteroscedasticity bias is large and important. -- gravity estimation ; heteroscedasticity in data ; intensive and extensive margin …

Persistent link: https://www.econbiz.de/10009011147

Disentangling frictions across the world : markups versus trade costs

Heid, Benedikt; Stähler, Frank - 2024

in trade flows. We apply our method to trade data between 1990 and 2015 for the world’s 100 largest economies. We find …

Persistent link: https://www.econbiz.de/10015081337

The carbon footprint of global trade imbalances

Mahlkow, Hendrik; Wanner, Joschka - 2023

world of balanced international trade. Specifically, we build a Ricardian quantitative trade model including sectoral input … benefits in terms of lower global emissions. Globally, the simultaneous removal of all trade imbalances would lower world …

Persistent link: https://www.econbiz.de/10014414198

The trade impact of the Covid-19 pandemic

Liu, Xuepeng; Ornelas, Emanuel; Shi, Huimin - 2021

Using a gravity-like approach, we study how Covid-19 deaths and lockdown policies affected countries' imports from China during 2020. We find that a country's own Covid-19 deaths and lockdowns significantly reduced its imports from China, suggesting that the negative demand effects prevailed...

Persistent link: https://www.econbiz.de/10012533941

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

Trade in times of uncertainty

Matzner, Anna Hilda; Meyer, Birgit; Oberhofer, Harald - 2023

This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 to 2018. Our results suggest that an increase in...

Persistent link: https://www.econbiz.de/10013550200