We undertake a trade-growth accounting exercise by decomposing data on changes in bilateral international trade flows … into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect … deep drivers of trade by extending standard new trade models to include endogenous factor accumulation, R&D driven …

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 …

The pre-eminence of trade and investment in the economic prosperity of developed and developing countries cannot be … overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional …

Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental …, where exporter fixed effects are regressed on proxies for technology and wages. Within the same Ricardian model of trade …, the trade share provides an alternative source of identication for the elasticity of trade. Following Santos Silva and …

Quantitative results from a large class of international trade models depend critically on the elasticity of trade with … respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate … price and trade-flow data using the Ricardian model. We motivate our estimator by proving that the estimator developed in …

Quantitative results from a large class of international trade models depend critically on the elasticity of trade with … respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate … price and trade-flow data using the Ricardian model. We motivate our estimator by proving that the estimator developed in …

Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental …, where exporter fixed effects are regressed on proxies for technology and wages. Within the same Ricardian model of trade …, the trade share provides an alternative source of identification for the elasticity of trade. Following Santos Silva and …

linkages, trade in intermediate goods and sectoral heterogeneity in production. We use our model to quantify the welfare effect …

Quantitative results from a large class of structural gravity models of international trade depend critically on the … elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this … elasticity from disaggregate price and trade-flow data and we use it within Eaton and Kortum's (2002) Ricardian model. We apply …

. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize …We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall …. We show analytically that an analysis based on iceberg costs necessarily underestimates the welfare gains from trade …