Do tariffs inhibit trade flows by limiting the entry of exporting firms (extensive margin') or by restricting the average volume exported by each firm (intensive margin')? Using a gravity equation approach, we analyze how the decrease in tariffs promoted during the 1990s by the Uruguay Round...

In this paper, we apply the surplus accounting methodology to analyze the distribution of the fruits of growth between production factors over the period 1950-2008. Three production factors are distinguished: paid employment, self-employment and capital. The surplus distributed to capital is nil...

The goal of this paper is to gauge the impact of the expected oil price increase on the potential output growth of the French economy in the long run. This potential output exercise is conducted using CES (Constant Elasticity of Substitution) production functions featuring three factors:...

Mesange is a medium-size quarterly macro-econometric model of the French economy (about 500 equations, three sectors). The model describes short-term Keynesian dynamics and its long-term equilibrium is driven by supply-side determinants. Its reestimation on data from the national accounts base...

We estimate the reaction of French firms to the drop in tariffs that has occurred in the late 1990s, mainly as a consequence of the Uruguay Round Agreement. To perform this estimation, we use data from the French customs and tariff rates provided by the TRAINS data base. Like in Buono and...