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Lessons from U.S.-China Trade Relations
Caliendo, Lorenzo; Parro, Fernando - National Bureau of Economic Research - 2022
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
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The WTO Global Trade Model : technical documentation
Aguiar, Angel; Corong, Erwin L.; Van der Mensbrugghe, … - 2019 - Manuscript date: November 2019
Analysis (GTAP) and the World Trade Organization (WTO). The model can be used to generate global trade projections and to …
Persistent link: https://www.econbiz.de/10012126082
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Testing competing world trade models against the facts of world trade
Minford, Patrick; Xu, Yongdeng; Dong, Xue - 2021
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/10012602338
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Impact of implementation of digital trade facilitation on trade costs
Duval, Yann; Utoktham, Chorthip; Kravchenko, Alexey - 2018
different sets of measures are considered, from a basic set of measures to ensure compliance with the World Trade Organization …
Persistent link: https://www.econbiz.de/10011786720
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The determinants of trade costs : a random coefficients approach
Egger, Peter; Průša, Jan - 2014
This paper assesses whether the sensitivity of bilateral trade volumes to various trade cost factors is constant or varies across countries. It utilizes a random coeffcients model and analyses a cross-sectional sample of bilateral trade data for 96 countries in 2005. We expect the elasticity of...
Persistent link: https://www.econbiz.de/10010371278
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Trade Theory and Trade Facts
Bergoeing, Raphael - 2008
This paper quantitatively tests the quot;new trade theoryquot; based on product differentiation, increasing returns, and imperfect competition. We employ a standard model, which allows both changes in the distribution of income among industrialized countries, emphasized by Helpman and Krugman...
Persistent link: https://www.econbiz.de/10012770719
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Estimating foreign and national trade elasticities in the EU internal market using generalised transport costs
Zofío, José L.; Díaz-Lanchas, Jorge; Persyn, Damiaan; … - 2020
This paper undertakes the simultaneous estimation of import elasticities of substitution (trade elasticities) within European Union (EU) regions, differentiating between imports from regions belonging to the same country (national or interregional trade) and regions belonging to other EU...
Persistent link: https://www.econbiz.de/10012315562
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Are unit export values correct measures of the exports' qualtity?
Szczygielski, Krzysztof; Grabowski, Wojciech - 2009
It has become common to measure the quality of exports using their unit export value (UEV). Applications of this method include studies of intra-industry trade (IIT) and analyses of industrial "competitiveness". This literature seems to assume that export quality and export price (the most...
Persistent link: https://www.econbiz.de/10003887937
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Irrelevance of competitive advantage for the benefits of international trade
Siggel, Eckhard - In: The open economics journal 5 (2012), pp. 15-20
International competitiveness is often regarded as crucial for the attainment of gains from trade, which may lead policy makers to subsidize exports. This view is based on confusion between the concepts of competitive and comparative advantage. The paper argues that when comparative advantage is...
Persistent link: https://www.econbiz.de/10009703853
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United States versus rest of the world : trade advantages from 1968 to 2008
White, Roger; Buehler, David - In: Journal of economic integration 30 (2015) 3, pp. 429-466
Persistent link: https://www.econbiz.de/10011345977