We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and … to 9% of world’s welfare and to 11% of world’s trade, unevenly distributed among winners and losers. Net exports of FDI …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …

equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …

We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and … measure of the change in bilateral trade costs in response to a hypothetical policy change. To demonstrate the effectiveness … of our methods, we focus on the integration between the countries from the Central European Free Trade Agreement (CEFTA …

We quantify the economic impact of a potential secession of Catalonia from Spain. Using a novel dataset of trade flows … between 17 Spanish sub-national regions and 142 countries, we estimate effects of different levels of borders on trade flows … associated political uncertainty. In counterfactual experiments, we impose new borders on Catalan trade, potentially within or …

We propose a simple method to identify the effects of unilateral and non-discriminatory trade policies on bilateral … trade within a theoretically-consistent empirical gravity model. Specifi-cally, we argue that structural gravity estimations … should be performed with data that include not only international trade flows but also intra-national trade flows. The use of …

Capitalizing on the latest developments in the gravity literature, we utilize two new datasets on sanctions and trade … to study the impact of economic sanctions on international trade in the mining sector, which includes oil and natural gas …. We demonstrate that the gravity equation is well suited to model bilateral trade in mining and find that sanctions have …

We propose a simple method to identify the effects of unilateral and non-discriminatory trade policies on bilateral … trade within a theoretically-consistent empirical gravity model. Specifically, we argue that structural gravity estimations … should be performed with data that include not only international trade flows but also intra-national trade flows. The use of …