This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …

-EUT), we look back and analyse the ex post trade consequences of the CU-EUT. Employing up-to-date econometric best practices … for regional integration agreements, we quantify both total and heterogeneous trade effects of the CU-EUT. In contrast to … additional increase in EU-Turkey manufacturing trade by 55-65% compared to the previously active Ankara Agreement. We also …

-EUT), we look back and analyse the ex post trade consequences of the CU-EUT. Employing up-to-date econometric best practices … for regional integration agreements, we quantify both total and heterogeneous trade effects of the CU-EUT. In contrast to … additional increase in EU-Turkey manufacturing trade by 55-65% compared to the previously active Ankara Agreement. We also …

for Spain, Portugal and Italy providing evidence of the importance of sunk costs and hysteresis in international trade …

evidence of the importance of sunk costs and hysteresis in international trade in these EMU member countries. What is more, our …

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 …

. The scenario analyses rely on the multi-sector quantitative trade model by Larch and Wanner (2017) for trade and on the …