Do better trade logistics reduce trade costs, raising a country´s exports? Yes, but the magnitude of the effectdepends on country size. Applying a new gravity model to a comprehensive logistics index, we …nd that anaverage-sized country would raise exports by about 46% after a one-standard...

For over a decade, The Wall Street Journal and The Heritage Foundation, Washington's preeminent think tank, have tracked the march of economic freedom around the world with the influential Index of Economic Freedom. Since 1995, the Index has brought Smith's theories about liberty, prosperity and...

This paper develops a trade model with firm-specific quality heterogeneity, limit pric-ing, and an endogenous distribution of markups. Exposure to trade induces only thefirms producing high-quality (high-price) products to enter the export markets, whereasfirms producing low-quality (low-price)...

We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selectioninto trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting…firms takes a gravity form: the extensive margin is also accected by...

Dieser Artikel analysiert die auch im Vergleich zu anderen (europäischen) Ländern restriktiveImportpolitik der Schweiz für patentgeschützte Güter (nationale Erschöpfung)aus aussenhandelstheoretischer Sicht.Obwohl dieAussenhandelstheorie auf der Basis derTheorie des Zweitbesten (Theory of...

The 2003 reforms of the Common Agricultural policy of the European Unionintroduced decoupled income transfers as the most prominent policy instrument.However, member states were given substantial discretion over the degree and timingof the reform implementation. As a result, different...

This paper considers labor market adjustments following a large import shock in the Germanclothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using theGerman shoe industry as a control group and administrative data, we study adjustments onthe individual and firm level...

A meta-analysis explains the variation in estimated trade effects of technical barriersto trade broadly defined, using available estimates from the empirical international tradeliterature, and accounting for data sampling and methodology differences. Agriculture and foodindustries tend to be...

This paper develops a new open-economy endogenous growth modelwhere technology diffusion allows for a stable and non-degenerate world incomedistribution. In accordance with the empirical literature, I find that country characteristicssuch as the social infrastructure, the degree of openness, the...