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We nest an extended two-way fixed effect (ETWFE) estimator for staggered difference-in-differences within the structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest that RTA estimates in the current gravity literature may be...
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Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the …
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