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We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The major component of trade barriers is explicitly modeled through the introduction of...
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gravity model estimation and G2PM for log-linear gravity model estimation. Exemplarily the estimators are applied to intra …
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The deepening of the Barcelona Agreement and the discussions of the creation of a Mediterranean Union has awakened the interest of the non-EU Mediterranean countries to expand their exports to the European markets. This study analyses the factors that influence the German imports of olive oil by...
Persistent link: https://www.econbiz.de/10011143145
This paper demonstrates that the appropriate econometric technique of testing for the effect of regional integration on bilateral trade is to augment the standard gravity model with country specific dummies instead of regional integration dummies. Using data on bilateral trade between Tanzania...
Persistent link: https://www.econbiz.de/10011213142
In a recent notable paper, Rose (2004a) finds no evidence that membership in the GATT/WTO increases trade. However, to evaluate accurately the role of the trade organization on trade promotion, only trade in commodities and sectors that are actually under the influence of that organization...
Persistent link: https://www.econbiz.de/10008691598
specification a la Feenstra (2002) with three emerging estimation methods: the standard Heckman correction for selection bias, to … goals: First it provides estimates of the elasticity of substitution obtained using the four estimation techniques; Second …
Persistent link: https://www.econbiz.de/10004979703