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The effect of WTO on the extensive and the intensive margins of trade
Dutt, Pushan; Mihov, Ilian; Van Zandt, Timothy - In: Journal of International Economics 91 (2013) 2, pp. 204-219
product margins of trade. We construct gravity equations for the two product margins motivated by Chaney (2008). The empirical … results show that standard gravity variables provide good explanatory power for bilateral trade on both margins. Importantly …
Persistent link: https://www.econbiz.de/10010730211
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Why Do Nations Trade (So Little)?
Anderson, James - Department of Economics, Boston College - 1999
There isn't nearly as much trade as standard models suggest there should be. Formal trade barriers and transport costs are too low to account for the difference. The pattern of missing trade has interesting variation across country pairs. These clues suggest the need for theoretical and...
Persistent link: https://www.econbiz.de/10005074070
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eBay’s anatomy
Lendle, Andreas; Olarrega, Marcelo; Schropp, Simon; … - In: Economics Letters 121 (2013) 1, pp. 115-120
We use a new US-firm-level dataset covering all domestic and international sales made through eBay, an online …
Persistent link: https://www.econbiz.de/10010702784
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The Geographic Space in International Trade: from Gravity to New Economic Geography
Cafiso, Gianluca - Volkswirtschaftliche Fakultät, … - 2007
in this kind of models. The theories discussed are the Gravity Approach and the New Economic Geography. We dedicate much … to the explanation of the micro-foundations of the gravity equation and to the solution of the Border Puzzle achieved in … Gravity and NEG relations, are discussed in order to show how much these two theories are used in empirical trade analysis. …
Persistent link: https://www.econbiz.de/10008545947
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International trade integration: a disaggregated approach
Chen, Natalie; Novy, Dennis - London School of Economics (LSE) - 2009
This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance. This trade integration measure is consistent with a...
Persistent link: https://www.econbiz.de/10010745337
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On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations
Chen, Natalie; Novy, Dennis - Centre for Economic Performance, LSE - 2012
used as regressors in a gravity equation of trade. Instead, the indirect approach infers the extent of trade impediments …
Persistent link: https://www.econbiz.de/10010570488
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Gravity, trade integration, and heterogeneity across industries
Chen, Natalie; Novy, Dennis - In: Journal of International Economics 85 (2011) 2, pp. 206-221
gravity models. This measure accounts for cross-industry heterogeneity by incorporating substitution elasticities estimated at …
Persistent link: https://www.econbiz.de/10010574410
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Gravity redux: measuring international trade costs with panel data
Novy, Dennis - London School of Economics (LSE) - 2013
Barriers to international trade are known to be large but because of data limitations it is hard to measure them directly for a large number of countries over many years. To address this problem, I derive a micro-founded measure of bilateral trade costs that indirectly infers trade frictions...
Persistent link: https://www.econbiz.de/10011126479
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Is the international border effect larger than the domestic border effect?: evidence from US trade
Coughlin, Cletus C.; Novy, Dennis - London School of Economics (LSE) - 2013
Many studies have found that international borders represent large barriers to trade. But how do international borders compare to domestic border barriers? We investigate international and domestic border barriers in a unified framework. We consider a data set of exports from individual US...
Persistent link: https://www.econbiz.de/10011126481
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On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations
Chen, Natalie; Novy, Dennis - C.E.P.R. Discussion Papers - 2012
used as regressors in a gravity equation of trade. Instead, the indirect approach infers the extent of trade impediments …
Persistent link: https://www.econbiz.de/10011083427