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Estimating the effects of nondiscriminatory trade policies within structural gravity models
Heid, Benedikt; Larch, Mario; Yotov, Yoto - 2017
.g. most favored nation tariffs) and on the exporter side (e.g. export subsidies), even in the presence of exporter and …-supply elasticity and of the import-demand elasticity. We demonstrate the effectiveness of our techniques in the case of MFN tariffs and …
Persistent link: https://www.econbiz.de/10011750135
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Return of the tariffs : the interwar trade collapse revisited
Adam, Marc Christopher - 2019
Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the collapse of the gold standard? Using recent advances in the estimation of gravity equations, I examine the partial and general equilibrium effects of bilateral distance,...
Persistent link: https://www.econbiz.de/10012023385
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Icebergs versus tariffs : a quantitative perspective on the gains from trade ; conference paper
Felbermayr, Gabriel; Jung, Benjamin; Larch, Mario - 2013
We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall … the analysis of Arkolakis, Costinot and Rodriguez-Clare (2012) to encompass revenue-generating import tariffs. Our formula … countries with relatively high status quo tariffs, our formula predicts 30-60\% larger gains from trade than the icebergs only …
Persistent link: https://www.econbiz.de/10010344632
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FDI, trade integration and the border effect : evidence from the European Union
Martínez-San Román, Valeriano; Bengoa, Marta; … - 2014
bias or border effect rather than by using other indicators such as the openness rate or the existence of tariffs and non …
Persistent link: https://www.econbiz.de/10010371905
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Spain, split and talk : quantifying regional independence
Adam, Hanna L.; Larch, Mario; Paniagua, Jordi - 2023
We quantify the economic impact of a potential secession of Catalonia from Spain. Using a novel dataset of trade flows between 17 Spanish sub-national regions and 142 countries, we estimate effects of different levels of borders on trade flows and uncover heterogeneity in country-to-country,...
Persistent link: https://www.econbiz.de/10014422586
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Cross-border trade and FDI in services
Fillat Castejón, Carmen; Francois, Joseph F.; Wörz, Julia - 2008
Working with a panel dataset of of OECD countries over the decade 1994-2004, we examine linkages between cross-border trade and FDI in the service sectors. We first develop a consistent analytical framework for the application of the gravity model jointly to services trade and commercial...
Persistent link: https://www.econbiz.de/10009239052
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Heterogeneous economic integration agreement effects
Baier, Scott L.; Bergstrand, Jeffrey H.; Clance, Matthew W. - 2015
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...
Persistent link: https://www.econbiz.de/10011309578
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Trade agreements and bilateral trade in sub-Saharan Africa : estimating the trade effects of the EU-ACP PTA and RTAs
Turkson, Festus Ebo - 2012
This paper on Trade Agreements within SSA, is an assessment of the ex post bilateral trade effect of the European Union-African Caribbean Pacific Preferential Trade Agreement (EU-ACP PTA) and sub-regional regional trade agreements (RTAs) on bilateral trade involving SSA countries. The main...
Persistent link: https://www.econbiz.de/10009614336
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Trade Flows, Multilateral Resistance, and Firm Heterogeneity
Behar, Alberto - 2013
We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity form, such that the extensive margin is also affected by...
Persistent link: https://www.econbiz.de/10013085999
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Gravity-Model Estimation with Time-Interval Data : Revisiting the Impact of Free Trade Agreements
Egger, Peter - 2020
We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing dynamic-adjustment effects. Our analysis reveals...
Persistent link: https://www.econbiz.de/10012822506