We estimate the effects of reductions in trade costs between the four original members of Souther Common Market (Mercado Común del Sur - Mercosur) on regional trade and on the Brazilian labor market, using the model developed by Caliendo, Dvorkin e Parro (2019), which features elements such as...

This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...

This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...

We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy. In particular, we apply the most recent data and trade elasticity estimates to the Ricardian model of Caliendo...

The impact of globalization in terms of bilateral trade is a renowned theoretical underpinning in the literature. Nevertheless, testing a trade integration model of bilateral trade is not sufficiently well estimated with the Bayesian approach to provide pragmatic evidence of trade integration...

The impact of globalization in terms of bilateral trade is a renowned theoretical underpinning in the literature. Nevertheless, testing a trade integration model of bilateral trade is not sufficiently well estimated with the Bayesian approach to provide pragmatic evidence of trade integration...

We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy. In particular, we apply the most recent data and trade elasticity estimates to the Ricardian model of Caliendo...

In recent decades, the international division of labor expanded rapidly in course of globalization. In this context, highly developed countries specialized on (human) capital intensively manufactured goods and increasingly sourced parts and components from lowwage countries. Since this should be...

Three features of China's trade patterns suggest that elements beyond factor abundance explain its export performance. The high penetration in world markets of labourintensive products has been accompanied by: (i) a high share in exports of productivityadvanced foreign-owned enterprises (FIEs),...

This paper performs a historical analysis of Mexico's insertion into Global Value Chains (GVCs) and links it to the notion of competition underlying traditional theoretical models of international trade. In contrast with existing studies, it uses both new analytical tools pertaining to the GVC...