We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall …. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize …. We show analytically that an analysis based on iceberg costs necessarily underestimates the welfare gains from trade …

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …

We develop and test a theory of efficient international trade. Efficiency gains arise through lower trade costs faced … by ‘trade specialists’, whose superiority over ‘common traders’ manifests itself through lower trade costs. To test our …, the trade costs for the ‘trade specialists’ are about four times lower than for non-specialists. The corresponding welfare …

We develop and test a theory of efficient international trade. Efficiency gains arise through lower trade costs faced … by 'trade specialists', whose superiority over 'common traders' manifests itself through lower trade costs. To test our …, the trade costs for the 'trade specialists' are about four times lower than for non-specialists. The corresponding welfare …

. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …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 …

Using a three factor knowledge-capital model of trade and multinational activity, we consider a set of policy … experiments to assess the welfare effects of trade and investment liberalization in general equilibrium. Specifically, we address … the question of whether and under which circumstances a single versus a combined trade/investment liberalization strategy …

zeigt, dass ein tiefgreifendes Handelsabkommen (Transatlantic Trade and Investment Partnership, TTIP), welches auch nicht …