Showing 1 - 10 of 10,462
product margins of trade. We construct gravity equations for the two product margins motivated by Chaney (2008). The empirical … results show that standard gravity variables provide good explanatory power for bilateral trade on both margins. Importantly …
Persistent link: https://www.econbiz.de/10010730211
There isn't nearly as much trade as standard models suggest there should be. Formal trade barriers and transport costs are too low to account for the difference. The pattern of missing trade has interesting variation across country pairs. These clues suggest the need for theoretical and...
Persistent link: https://www.econbiz.de/10005074070
We use a new US-firm-level dataset covering all domestic and international sales made through eBay, an online …
Persistent link: https://www.econbiz.de/10010702784
used as regressors in a gravity equation of trade. Instead, the indirect approach infers the extent of trade impediments …
Persistent link: https://www.econbiz.de/10011083427
Barriers to international trade are known to be large but because of data limitations it is hard to measure them directly for a large number of countries over many years. To address this problem, I derive a micro-founded measure of bilateral trade costs that indirectly infers trade frictions...
Persistent link: https://www.econbiz.de/10011126479
Many studies have found that international borders represent large barriers to trade. But how do international borders compare to domestic border barriers? We investigate international and domestic border barriers in a unified framework. We consider a data set of exports from individual US...
Persistent link: https://www.econbiz.de/10011126481
gravity models. This measure accounts for cross-industry heterogeneity by incorporating substitution elasticities estimated at …
Persistent link: https://www.econbiz.de/10010574410
This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance. This trade integration measure is consistent with a...
Persistent link: https://www.econbiz.de/10010745337
Distance effects in empirical gravity equations appear to be too high to be explained by transport costs alone … existing empirical evidence. An empirical gravity equation is used to estimate the effect of exporter networks on distance …
Persistent link: https://www.econbiz.de/10005744261
Barriers to international trade are known to be large. But have they become smaller over time? Building on the gravity … directly from the model's gravity equation without imposing arbitrary trade cost functions. As an illustration, I show that U …
Persistent link: https://www.econbiz.de/10005747082