Showing 1 - 10 of 838
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
LMU Munich in February 2019. It consists of four selfcontained chapters that empirically investigate different trade … dampening phenomena using gravity analysis. The first two chapters examine the effects of anti-dumping duties on trade …, addressing endogeneity concerns linked to trade policy. In particular, Chapter 1 exploits the EU enlargement of 2004 as a natural …
Persistent link: https://www.econbiz.de/10012484009
The conventional immigration and trade literature regards immigrants as mediators for informal barriers such as … investigates the ways in which international student migration relates to trade. Unlike other immigrants, international students … countries and 172 origin countries between 2000 and 2018, I employ a gravity-type trade model to examine this relationship. I …
Persistent link: https://www.econbiz.de/10013427620
Within a standard gravity framework I explore the impact of country size and trade liberalisation on extensive and … trade literature, i.e., vertical integration versus trade in technology goods. First, there is evidence in favour of a … unilateral complement to Yi's (2003) claim that vertical integration magnifies the trade effect of multilateral trade …
Persistent link: https://www.econbiz.de/10003838642
Helpman, Melitz and Rubinstein (2008) derive gravity equations to estimate effects of trade barriers on the intensive … and extensive margins of trade. They exploit the frequency of zeros in aggregate bilateral trade data to identify effects … extensive margin when data contain only positive trade flows. We also control for the pervasive presence of heteroscedasticity …
Persistent link: https://www.econbiz.de/10009011147
Over the last 20 years the trade literature repeatedly documented the trade-reducing effects of inter- and intra … underlying political borders. However, when observed border effects are not caused by political trade barriers, why should their … "border effect" in the absence of a border. Thereby, the finding that trade between East- and West-Japan is 23.1% - 51 …
Persistent link: https://www.econbiz.de/10010520759
Trade policy has well documented effects on trade volumes. Reaching beyond volumes, I explore the impact of European … emerging economies' recent institutional trade liberalisation on extensive (i.e., the set of imported goods) versus intensive … support new models of heterogeneous firms and trade, which predict that extensive import margin effects of a country …
Persistent link: https://www.econbiz.de/10011373505
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 welfare effects of trade-cost changes. This paper addresses theoretically …
Persistent link: https://www.econbiz.de/10011309578
The paper applies the gravity model of international trade in its analysis of German exports. The added value of our … conclusion of our model is that German exporters are more prone to expand the trade to countries that are more distant from their … exports would not be impacted very much if the Euro appreciated in real terms. The position of the Euro in German trade seems …
Persistent link: https://www.econbiz.de/10010358344
trade and derives implications for the gravity equation. The model predicts that the effect of fixed costs on exports and on … aggregate trade data and firm-level data to estimate gravity equations and find strong evidence for a dampening effect of … vertical differentiation on the fixed costs elasticity in international trade. Moreover, we estimate the parameters of our …
Persistent link: https://www.econbiz.de/10011536262