Felbermayr, Gabriel; Mahlkow, Hendrik; Sandkamp, Alexander - In: Empirica 50 (2023) 1, pp. 75-108
computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of such … a decoupling–implemented by doubling non-tariff barriers–between the two blocks on trade and welfare. Imposing import … to cooperate rather than turn away from each other. By imposing a trade war on Russia, the political West could inflict …