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this paper, we investigate the sensitivity of standard gravity estimation to spatial aggregation. We build a model in which …. Even if no border frictions exist at the micro level, gravity estimation on aggregate data can still produce large border …
Persistent link: https://www.econbiz.de/10011458028
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 data set of exports from individual US...
Persistent link: https://www.econbiz.de/10009784680
We investigate whether greater microeconomic flexibility facilitates the process of creative destruction in the context of new trade models with heterogeneous firms (Bernard et al., 2003 and Melitz, 2003). In these models, freer trade increases aggregate productivity because high-efficiency...
Persistent link: https://www.econbiz.de/10011294495
Australia and the United States signed a bilateral trade agreement in 2004. This paper analyses the provisions of the agreement, compares the provisions with other bilateral and multilateral agreements and comments on the modelling that the Australian Government used to estimate the likely...
Persistent link: https://www.econbiz.de/10009363370
Persistent link: https://www.econbiz.de/10011695735
Persistent link: https://www.econbiz.de/10004998705
Das ifo Institut hat im Auftrag des Bundesministeriums für Wirtschaft und Technologie die vorliegende Evaluierungsstudie zu den Dimensionen und Auswirkungen eines Freihandelsabkommen zwischen der EU und den USA durchgeführt. Die Studie zeigt, dass ein tiefgreifendes...
Persistent link: https://www.econbiz.de/10010511685
A burning topic today is the freedom of international trade, namely the degree of intervention of the state in the economy. Like most of the developed countries, the U.S. got rich and promoted its young industries by applying tariffs and quotas. Protectionist measures proved to be beneficial in...
Persistent link: https://www.econbiz.de/10012180574
This paper finds that U.S. consumer prices fell substantially due to increased trade with China. With comprehensive price micro-data and two complementary identification strategies, we estimate that a 1pp increase in import penetration from China causes a 1.91% decline in consumer prices. This...
Persistent link: https://www.econbiz.de/10012182390
Antidumping (AD) is the most widely used contingent protection measure. In the United States, key decisions on AD are delegated to the International Trade Commission (ITC), an independent agency composed of six non-elected commissioners. Using a newly collected dataset, I study the determinants...
Persistent link: https://www.econbiz.de/10012010405