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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
Bilateral trade imbalances are determined by aggregate trade imbalances, production and expenditure patterns, and trade barriers. We calibrate a dynamic many-sector trade model to match the recent sectoral trade and production shares of 40 economies and the rest of the world. Through a variance...
Persistent link: https://www.econbiz.de/10012141024
Bilateral trade imbalances are determined by aggregate trade imbalances, production and expenditure patterns, and trade barriers. We calibrate a dynamic many-sector trade model to match the recent sectoral trade and production shares of 40 economies and the rest of the world. Through a variance...
Persistent link: https://www.econbiz.de/10012064397
investigated. We attempt to fill this gap by applying a gravity regression analysis to four major services sectors …
Persistent link: https://www.econbiz.de/10008476378
a Gravity regression analysis. We find that (i) RTAs in general create trade among members and divert trade from …
Persistent link: https://www.econbiz.de/10005617036
with a modified gravity framework in which we interact foreign natural disasters with geography. Predicting the exogenous … openness of a country. Controlling for constant determinants of income (history, geography) by means of fixed effects, we find …
Persistent link: https://www.econbiz.de/10011048553
In this paper, we provide evidence based on New Economic Geography Models and estimate the statistical effects of …
Persistent link: https://www.econbiz.de/10010547669
foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the …
Persistent link: https://www.econbiz.de/10010333388
foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the …
Persistent link: https://www.econbiz.de/10010250043
foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the …
Persistent link: https://www.econbiz.de/10013056833