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Then, we integrate the latest developments in the empirical gravity literature and we offer six recommendations to obtain reliable partial equilibrium estimates of the effects of bilateral and non-discriminatory trade policies within the same comprehensive, and theoretically-consistent...
Persistent link: https://www.econbiz.de/10011507643
The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
Persistent link: https://www.econbiz.de/10011509468
The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
Persistent link: https://www.econbiz.de/10011509085
The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
Persistent link: https://www.econbiz.de/10013315492
The gravity equation is the workhorse model for analysis of bilateral trade flows. Despite solid theoretical foundations and clear gains from theory-consistent policy analysis, there are still gaps between gravity theory and empirics. This paper focuses on domestic trade flows, and I argue that...
Persistent link: https://www.econbiz.de/10012510016
level of economic inequality, the institutional strength and law enforcement capacity of the state, and whether there are …
Persistent link: https://www.econbiz.de/10012800583
empirically tests the effects of trade on wage inequality in a differentiated panel framework where countries are classified … pure “trade”- effects, supporting the Heckscher-Ohlin predictions of the effects of trade on wage inequality once the …Since the expansion of world trade in the 1980s, measures of inequality have risen not only in developed countries, but …
Persistent link: https://www.econbiz.de/10011377041
A standard finding in the political economy of trade policy literature is that we should expect export-oriented industries to attract more assistance than import-competing industries. In reality, however, trade policy is heavily biased toward supporting import industries. This paper shows within...
Persistent link: https://www.econbiz.de/10013318371
This study analyzes the effect of trade liberalization on wage inequality through industry wage premiums in Indonesia … liberalization contributes to wider wage inequality through inter-industry wage difference. Therefore, a more selective measure … Force Survey), first, the study estimates industry wage premiums conditional on individual worker characteristics. In the …
Persistent link: https://www.econbiz.de/10013179701
industry. The more routine jobs are cut, the higher is the effect on wage inequality, especially on the dispersion of worker …-specific wages. Overall, trade explains up to 19% of the recent increase in wage inequality and slightly exceeds the technology …We use a large sample of German workers to analyze the effect of low-wage competition with China and Eastern Europe …
Persistent link: https://www.econbiz.de/10011572540