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estimation of trade elasticities. The elasticities we compute depend directly on the specialization of trade across sectors … elasticities for North Macedonia - i.e. trade elasticities relevant to policy - and ultimately to calibration choices. …
Persistent link: https://www.econbiz.de/10014553714
challenge the view that greater openness to trade automatically leads to improved firm entry institutions. My model enables … calculating business entry impediments whereas lobbying game produces structural estimates of the counterfactual levels of trade … extensive margin and asymmetries in technology and trade costs. Importantly, the model demonstrates that startling differences …
Persistent link: https://www.econbiz.de/10010323834
tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a) productivity gains via exports … that the incentive to manipulate the terms of trade strategically vanishes, (c) the welfare gain that can be achieved via a … trade-induced productivity gains into account. The USA are the only model region that gains from European optimal tariff …
Persistent link: https://www.econbiz.de/10010327238
This paper uses Chinese customs data to investigate the trade effects of anti-dumping (AD) policies. Merging firm … larger ones, suggesting important within-industry reallocation effects. Moreover, we find evidence for trade deflection as AD …
Persistent link: https://www.econbiz.de/10011931958
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …. One of these, the 'classical' model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which … countries trade homogeneous products in world markets and produce according to their comparative advantage as determined by …
Persistent link: https://www.econbiz.de/10012876029
LMU Munich in February 2019. It consists of four selfcontained chapters that empirically investigate different trade … dampening phenomena using gravity analysis. The first two chapters examine the effects of anti-dumping duties on trade …, addressing endogeneity concerns linked to trade policy. In particular, Chapter 1 exploits the EU enlargement of 2004 as a natural …
Persistent link: https://www.econbiz.de/10012484752
The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …
Persistent link: https://www.econbiz.de/10012599211
-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup … zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high … compile new data on global profit ownership. Our findings reveal that trade has greatly reshaped the global incidence of …
Persistent link: https://www.econbiz.de/10015047228
order to model the trade between Turkey and the EU, we employ a time series analysis, namely cointegration method with error …
Persistent link: https://www.econbiz.de/10010322097
The new trade theory explains several features of the current development of EU's trade with CEECs better than the … Heckscher-Ohlin model. In 1997, CEECs participated in the European economy with levels of intraindustry trade comparable to … the previous decades. The development of intraindustry trade is positively related to the growth of wages and negatively …
Persistent link: https://www.econbiz.de/10010291909