In this paper, we investigate the scale of the drop in American imports after it imposed punitive tariffs on Chinese goods. Our analysis spans the whole period of Donald Trump's presidency (January 2017 - January 2021). In contrast to existing studies, which are mainly devoted to the impact of...

This paper analyzes the effects of the current trade conflict on developing Asia using the Asian Development Bank's Multiregional Input - Output Table (MRIOT), allowing us to calculate the impact on individual countries and on sectors within countries. The analysis estimates the direct impact on...

International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of global value chains (GVCs). This paper studies how two factors contributed to this rise since 1970: (i) declining "border effects" that are arguably related to the ICT revolution...

This paper studies the role of reduced barriers to international trade from two dimensions: (i) the implementation of Free Trade Agreements and (ii) declining "border effects". Our empirical estimates suggest that diminished border effects accounts for the bulk of the increase in international...

In this paper, I estimate the impact of heterogeneity in non-tariff-measures (NTMs) policies on countries' global value chains (GVCs)-related trade and its backward and forward components. I firstly build a regulatory distance (RD) index, which measures the degree of dissimilarity in NTMs...

The study uses network measures and visualisation to show alternative ways of exploring international trade and its structure. We specifically focus on trade networks in the largest export categories of the Czech Republic. Our results show the rising importance of the Czech Republic in the...

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...

Die deutsch-russischen Wirtschaftsbeziehungen haben sich seit den 1990er Jahren fast unbemerkt von der (medialen) Öffentlichkeit positiv weiterentwickelt. Russland wurde zwar als G8-Mitglied und eines der wichtigen Schwellenländer der BRIC-Gruppe wahrgenommen, mehr Aufmerksamkeit genoss...

The study examines the effect of financial crises on international trade with a gravity approach and a large data set covering almost 70 importing and 200 exporting countries from 1950 to 2009. Thus it is possible to put the "Great Trade Collapse" witnessed during the financial crisis 2008/2009,...

We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...