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The Tradability of Services : Geographic Concentration and Trade Costs

Gervais, Antoine - 2013

In this paper, we use a unique dataset on the distribution of output and demand across regions of the United States to estimate trade costs for 969 service and manufacturing industries. Our estimation method is a natural extension of the gravity model of trade and identifies trade costs in the...

Persistent link: https://www.econbiz.de/10013071505

Income Distribution, Product Quality, and International Trade

Fajgelbaum, Pablo D. - 2009

We develop a framework for studying trade in vertically and horizontally differentiated products. In our model, consumers with heterogeneous incomes and tastes purchase a homogeneous good as well as making a discrete choice of quality and variety of a differentiated product. The distribution of...

Persistent link: https://www.econbiz.de/10013156428

Global Trade and the Maritime Transport Revolution

Jacks, David S. - 2010

What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing ground for this question: freight rates fell on average by 50% while global trade increased 400% from 1870 to 1913. We estimate the first indices of bilateral freight rates for...

Persistent link: https://www.econbiz.de/10012759104

Distance, Time, and Specialization

Evans, Carolyn L.; Harrigan, James - 2021

Time is money, and distance matters. We model the interaction of these truisms, and show the implications for global specialization and trade: products where timely delivery is important will be produced near the source of final demand, where wages will be higher as a result. In the model,...

Persistent link: https://www.econbiz.de/10013217581

Trade Integration and Risk Sharing

Kraay, Aart; Ventura, Jaume - 2021

What are the effects of increased trade in goods and services on the trade balance? We study the effects of reducing transport costs in a Ricardian model with complete asset markets. Trade integration has three effects on the structure of the economy: a reduction in the home bias in consumption,...

Persistent link: https://www.econbiz.de/10013218506

Trade Costs in the First Wave of Globalization

Jacks, David S.; Meissner, Christopher M.; Novy, Dennis - 2021

What drives globalization today and in the past? We employ a new micro-founded measure of bilateral trade costs based on a standard model of trade in differentiated goods to address this question. These trade costs gauge the difference between observed bilateral trade and frictionless trade....

Persistent link: https://www.econbiz.de/10013224437

Trade Costs

Anderson, James E.; van Wincoop, Eric - 2021

This paper surveys the measurement of trade costs --- what we know, and what we don't know but may usefully attempt to find out. Partial and incomplete data on direct measures of costs go together with inference on implicit costs from trade flows and prices. Total trade costs in rich countries...

Persistent link: https://www.econbiz.de/10013246402

Misreporting Trade : Tariff Evasion, Corruption, and Auditing Standards

Kellenberg, Derek - 2016

, corruption, and trade agreements, suggesting that firms intentionally misreport trade data. These misreports have implications …

Persistent link: https://www.econbiz.de/10012983673

Deals Versus Rules : Policy Implementation Uncertainty and Why Firms Hate it

Hallward-Driemeier, Mary - 2010

Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that … often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be … uncorrelated with ex-post firm-level responses, further evidence that deals rather than rules prevail in Africa. Strikingly, the …

Persistent link: https://www.econbiz.de/10013143185

The African Growth Miracle

Young, Alwyn - 2012

Measures of real consumption based upon the ownership of durable goods, the quality of housing, the health and mortality of children, the education of youth and the allocation of female time in the household indicate that sub-Saharan living standards have, for the past two decades, been growing...

Persistent link: https://www.econbiz.de/10013098811

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