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Gold Standard Gravity
Anderson, James; Yotov, Yoto V. - Department of Economics, Boston College - 2012
This paper provides striking confirmation of the restrictions of the structural gravity model of trade. Structural … forces predicted by theory explain 95% of the variation of the fixed effects used to control for them in the recent gravity … sectoral activity and multilateral resistance variables by equating fixed effects with structural gravity counterparts. Our …
Persistent link: https://www.econbiz.de/10010575545
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The Trade Effects of Border Controls: Evidence from the European Schengen Agreement
Felbermayr, Gabriel; Gröschl, Jasmin; Steinwachs, Thomas - 2016
The Schengen agreement has guaranteed unchecked travel across internal EUborders since 1995. Has it also facilitated trade flows? Our econometric analysissuggests that Schengen has boosted trade by 3% on average (equivalent to a drop in tariffs by 0.7 percentage points). Goods trade is more...
Persistent link: https://www.econbiz.de/10011525573
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The trade effects of border controls : evidence from the European Schengen Agreement
Felbermayr, Gabriel; Gröschl, Jasmin Katrin; … - 2016
The Schengen Agreement has guaranteed unchecked travel across internal EU borders since 1995. Has it also facilitated trade flows? Our econometric analysis suggests that Schengen has boosted trade by 3% on average (equivalent to a drop in tariffs by 0.7 percentage points). Goods trade is more...
Persistent link: https://www.econbiz.de/10011455888
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The WTO Global Trade Costs Index and its determinants
Rubínová, Stela; Sebti, Mehdi - 2021
This study provides a decomposition of the WTO Global Trade Costs Index into five policy-relevant components: transport and travel costs; information and transaction costs; ICT connectedness; trade policy and regulatorydifferences; and governance quality. The WTO Global Trade CostsIndex is based...
Persistent link: https://www.econbiz.de/10012437513
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The WTO Global Trade Costs Index and its determinants
Rubínová, Stela; Sebti, Mehdi - 2021 - Manuscript date: 18 January 2021
This study provides a decomposition of the WTO Global Trade Costs Index into five policy-relevant components: transport and travel costs; information and transaction costs; ICT connectedness; trade policy and regulatorydifferences; and governance quality. The WTO Global Trade CostsIndex is based...
Persistent link: https://www.econbiz.de/10012431235
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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
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Estimating Border Effects: The Impact of Spatial Aggregation
Coughlin, Cletus C.; Novy, Dennis - 2016
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/10011480462
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Multimarket Linkages, Cartel Discipline and Trade Costs
Agnosteva, Delina; Syropoulos, Constantinos; Yotov, Yoto V. - 2017
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10011794168
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Estimating border effects : the impact of spatial aggregation
Coughlin, Cletus Charles; Novy, Dennis - 2016
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
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Multimarket linkages, cartel discipline and trade costs
Agnosteva, Delina; Syropoulos, Constantinos; Yotov, Yoto V. - 2017
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10011781965