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tools are rooted in the structural gravity literature. The first tool estimates the impact of tariff changes on bilateral …
Persistent link: https://www.econbiz.de/10012820833
"). Based on the gravity model of international trade, we provide evidence from triple difference-in-differences as well as PPML …
Persistent link: https://www.econbiz.de/10012421152
countries which adopted the common currency since 2002. Based on "state of the art" gravity estimations for the period 1992 …-2013, we reach three main conclusions. First, estimates from an appropriately specified and estimated gravity equation provide … global average during the 2002-2013 period. Using the functional form of a theory-consistent gravity equation, we perform …
Persistent link: https://www.econbiz.de/10011597238
'). Based on the gravity model of international trade, we provide evidence from triple difference-in-differences as well as PPML …
Persistent link: https://www.econbiz.de/10012423918
In recent decades, the international division of labor expanded rapidly in course of globalization. In this context, highly developed countries specialized on (human) capital intensively manufactured goods and increasingly sourced parts and components from lowwage countries. Since this should be...
Persistent link: https://www.econbiz.de/10009126526
This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...
Persistent link: https://www.econbiz.de/10011742945
With ever-increasing political tensions between China and Russia on one side and the EU and the USA on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with...
Persistent link: https://www.econbiz.de/10013162407
With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with the...
Persistent link: https://www.econbiz.de/10013186412
With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with the...
Persistent link: https://www.econbiz.de/10012888028
Overall, decoupling from certain countries may be both politically necessary and economically feasible, at least in the long run. However, a general shift of production back to Europe would be accompanied by significant losses in real income.
Persistent link: https://www.econbiz.de/10013475415