predictions are borne out by our data and discuss their welfare implications in terms of gains from trade. …

America and the European Union. At the same time, trade and investment activities are increasingly geared to the Belt and Road …

hand, industry leaders emphasise the economic importance of China and warn against any kind of trade conflicts. Against …

on the effects of trade on welfare net of lower fiscal transfers to the EU. We use a standard quantitative static general … equilibrium trade model with multiple sectors, countries and intermediates, as in Costinot and Rodriguez-Clare (2013). Static …

on the effects of trade on welfare net of lower fiscal transfers to the EU. We use a standard quantitative static general … equilibrium trade model with multiple sectors, countries and intermediates, as in Costinot and Rodriguez-Clare (2013). Static …