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The sharp decline in trade volume and value during the current economic crisis has contributed to lower transportation costs and reduced waiting times at border crossings, reducing the urgency of progress on trade facilitation. Meanwhile, greater trade is expected to play a key role in recovery,...
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We derive a novel estimation approach to quantify three-party relocation effects in a dyadic framework. Applied to the … our estimation approach from the structural gravity model of international trade, translating the triadic relationship … between a conflict country and an exporter-importer pair into an estimable dyadic relationship. Our estimation approach can be …
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