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Time-varying trade cost (terms) and the distance puzzle

Frensch, Richard; Rindler, Michael - 2023

We present a novel two-stage gravity specification with period-varying bilateral trade cost terms. We test our …

Persistent link: https://www.econbiz.de/10014289335

Topography, borders, and trade across Europe

Frensch, Richard; Fidrmuc, Jarko; Rindler, Michael - 2021

The gravity literature has focused on distance, borders and contiguity to measure geography's impact on trade. We add … the impact of topography on trade across Europe by applying two-stage structural gravity estimations, identifying …

Persistent link: https://www.econbiz.de/10012668870

Topography, borders, and trade across Europe

Frensch, Richard; Fidrmuc, Jarko; Rindler, Michael - In: Journal of comparative economics : the journal of the … 51 (2023) 3, pp. 816-832

Persistent link: https://www.econbiz.de/10014469173

The Value of Reunification in Germany: An Analysis of Changes in Life Satisfaction

Frijters, Paul; Haisken-DeNew, John P.; Shields, Michael A. - 2002

We quantify the value of changes in life circumstances in Germany following reunification. To this end, we develop and implement a fixed-effect estimator for ordinal life satisfaction in the German Socio-Economic Panel. We find strong negative effects on life satisfaction from being recently...

Persistent link: https://www.econbiz.de/10010261522

The value of reunification in Germany : an analysis of changes in life satisfaction

Frijters, Paul; Haisken-DeNew, John P.; Shields, Michael - 2002

Persistent link: https://www.econbiz.de/10011405835

International trade and monopolistic competition without CES: Estimating translog gravity

Novy, Dennis - 2010

This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity … to be zero. I test the translog gravity equation and find strong empirical support in its favor. In an application to the …

Persistent link: https://www.econbiz.de/10010270479

Is the international border effect larger than the domestic border effect? : evidence from U.S. trade

Coughlin, Cletus C.; Novy, Dennis - 2009

Many studies have found that international borders represent large barriers to trade. But how do international borders compare to domestic border barriers? We investigate international and domestic border barriers in a unified framework. We consider a unique data set of exports from individual...

Persistent link: https://www.econbiz.de/10010272315

Do borders really slash trade? : a meta analysis

Havránek, Tomáš; Havránková, Zuzana - 2015

National borders reduce trade, but most estimates of the border effect seem puzzlingly large. We show that major methodological innovations of the last decade combine to shrink the border effect to a one-third reduction in international trade flows worldwide. The border effect varies across...

Persistent link: https://www.econbiz.de/10010485590

Turkish delight for some, cold turkey for others?: The effects of the EU-Turkey Customs Union

Adam, Antonis; Moutos, Thomas - 2005

Following Turkey’s application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly covering trade in manufacturing goods and processed agricultural products, came into effect in 1995. In addition to a large agricultural sector, Turkey also specializes in the...

Persistent link: https://www.econbiz.de/10010261340

Currency unions, trade, and heterogeneity

Chen, Natalie; Novy, Dennis - 2018

How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation …

Persistent link: https://www.econbiz.de/10011867116

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