This paper uses all Value Added Tax (VAT) changes across all EU Member States from 1988 to 2016 to estimate the effect of VATs on trade flows. We find small elasticities of trade flows with respect to VATs, in spite of some of the VAT changes being substantial. We estimate substantially smaller...

This paper uses all Value Added Tax (VAT) changes across all EU Member States from 1988 to 2016 to estimate the effect of VATs on trade flows. We find small elasticities of trade flows with respect to VATs, in spite of some of the VAT changes being substantial. We estimate substantially smaller...

This paper uses all Value Added Tax (VAT) changes across all EU Member States from 1988 to 2016 to estimate the effect of VATs on trade flows. We find small elasticities of trade flows with respect to VATs, in spite of some of the VAT changes being substantial. We estimate substantially smaller...

Die Globalisierung stellt Europa und die Weltwirtschaft vor große Herausforderungen. In den elf Aufsätzen dieser Festschrift werden Aspekte der Globalisierung aus theoretischer, empirischer und wirtschaftspolitischer Sicht analysiert. Die Themen reichen von Außenhandel, Europäische...

Die Globalisierung stellt Europa und die Weltwirtschaft vor große Herausforderungen. In den elf Aufsätzen dieser Festschrift werden Aspekte der Globalisierung aus theoretischer, empirischer und wirtschaftspolitischer Sicht analysiert. Die Themen reichen von Außenhandel, Europäische...

We estimate CO2 implicitly contained in traded commodities based on the GTAP 7 data: While net carbon imports into the industrialized countries amount to 15% of their total emissions, net carbon exports of the developing countries amount to 12% of their total emissions, and net carbon exports of...