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How does geographic distance affect the impact of trade agreements on bilateral exports, and through what channels? This paper examines this questions in a gravity model context for different types of goods for 185 countries over the period 1965-2010. Three stylized facts emerge. First, although...
Persistent link: https://www.econbiz.de/10012968195
This paper analyzes the impacts of selected trade facilitation measures on international trade flows. A gravity model is used to estimate four equations: a pooled cross-section model; a fixed-effects model; a random effects model; and a Poisson maximum likelihood estimator. The contribution of...
Persistent link: https://www.econbiz.de/10012971414
with frequencies of zero frequently observed in real-world data, and that Poisson Pseudo-Maximum-Likelihood models can be … provide the best results. Testing on real-world data for total trade throws up additional puzzles with truncated Poisson … of very small predicted trade flows in real-world data reconciles these findings and leads to specific recommendations …
Persistent link: https://www.econbiz.de/10012971597
This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … percent on average. Escalating export restrictions would multiply the initial shock by a factor of 3, with world food prices …
Persistent link: https://www.econbiz.de/10012833536
The spread of global value chains (GVCs) has given rise to new statistical tools, the Inter-Country Input-Output tables and new analytical frameworks aimed at properly identifying production linkages between and within economies. However, several important questions remain unaddressed. This...
Persistent link: https://www.econbiz.de/10012889215
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses …
Persistent link: https://www.econbiz.de/10012937557
countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as …
Persistent link: https://www.econbiz.de/10012972945
This paper analyzes theoretically and empirically the impact of comparative advantage in international trade on fertility. It builds a model in which industries differ in the extent to which they use female relative to male labor and countries are characterized by Ricardian comparative advantage...
Persistent link: https://www.econbiz.de/10012973099
oilseed prices compared with a fuel tax exemption. Jumps in world crude oil prices have differential impacts on commodity …
Persistent link: https://www.econbiz.de/10012974387
, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple …
Persistent link: https://www.econbiz.de/10012975999