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ECONIS (ZBW)
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1
Aggregation and the Gravity Equation
Redding, Stephen J.
-
2019
. We use this result to decompose the effect of
distance
on bilateral trade in the aggregate gravity equation into the … quantitatively relevant contribution towards the aggregate effect of
distance
, particularly for more disaggregated definitions of …
Persistent link: https://www.econbiz.de/10012479420
Saved in:
2
Latent Exports : Almost Ideal Gravity and Zeros
Anderson, James E.
-
2020
Almost Ideal gravity associates zero trade flows with variable and fixed trade cost variation in a flexible demand system. Latent trade shares between non-partners are inferred from the Tobit estimator applied to trade among 75 countries and 25 sectors in 2006. Latent Trade Bias (LTB) is the...
Persistent link: https://www.econbiz.de/10012482496
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3
Geography, Income, and Trade in the 21st Century
Liu, Dan
-
2017
We investigate the relationship between GDP per capita, trade costs, demand, and income inequality between 1996 and 2011. Specifically we apply the aggregate AIDS-based gravity model as developed in Fajgelbaum and Khandelwal (2016) to a panel of 40 countries to generate a new measure of market...
Persistent link: https://www.econbiz.de/10012453593
Saved in:
4
Slicing the Pie : Quantifying the Aggregate and Distributional Effects of Trade
Galle, Simon
-
2017
We develop a multi-sector gravity model with heterogeneous workers to quantify the aggregate and group-level welfare effects of trade. We estimate the model using the structural relationship between China-shock driven changes in manufacturing employment and average earnings across US groups...
Persistent link: https://www.econbiz.de/10012453974
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5
Market Potential and Global Growth over the Long Twentieth Century
Jacks, David S.
-
2016
We examine the evolution of market potential and its role in driving economic growth over the long twentieth century. Theoretically, we exploit a structural gravity model to derive a closed-form solution for a widely-used measure of market potential. We are thus able to express market potential...
Persistent link: https://www.econbiz.de/10012455944
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6
Currency Unions and Trade : A Post-EMU Mea Culpa
Glick, Reuven
-
2015
In our European Economic Review (2002) paper, we used pre-1998 data on countries participating in and leaving currency unions to estimate the effect of currency unions on trade using (then-) conventional gravity models. In this paper, we use a variety of empirical gravity models to estimate the...
Persistent link: https://www.econbiz.de/10012457134
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7
One Money, One Market : Estimating the Effect of Common Currencies on Trade
Rose, Andrew K.
-
1999
A gravity model is used to assess the separate effects of exchange rate volatility and currency unions on international trade. The panel data set used includes bilateral observations for five years spanning 1970 through 1990 for 186 countries. In this data set, there are over one hundred...
Persistent link: https://www.econbiz.de/10012471350
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8
Barriers to Global Capital Allocation
Pellegrino, Bruno
;
Spolaore, Enrico
;
Wacziarg, Romain
-
National Bureau of Economic Research
-
2021
four barriers (geographic
distance
, cultural
distance
, foreign investment taxation, and political risk) accounts for a …
Persistent link: https://www.econbiz.de/10012510572
Saved in:
9
Telemigration and Development : On the Offshorability of Teleworkable Jobs
Baldwin, Richard E.
;
Dingel, Jonathan I.
-
National Bureau of Economic Research
-
2021
The Covid-19 pandemic has introduced huge numbers of employers and employees to remote work. How many of these newly remote jobs will go overseas? We offer a rough quantification based on two observations: 1) offshore work is trade in services, and 2) the number of telemigrants is the volume of...
Persistent link: https://www.econbiz.de/10012660065
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10
Exchange Rates as Trade Frictions : Estimates and Implications for Policy
Anderson, James E.
;
Saini, Praveen
-
National Bureau of Economic Research
-
2021
This paper improves on current treatment of exchange rate variation in quantitative trade models. Exchange rate changes with heterogeneous passthrough to buyers are embedded in the structural gravity model. Quantification on two digit annual bilateral trade data reveals real effects of exchange...
Persistent link: https://www.econbiz.de/10012660105
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