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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
We propose new methods to identify the full impact of country-specific characteristics on bilateral trade flows within the framework of ‘the new quantitative trade model’. We complement theory with a simple two-stage estimating procedure, and offer a proof of concept by quantifying the...
Persistent link: https://www.econbiz.de/10013311138
We propose new methods to identify the full impact of country-specific characteristics on bilateral trade flows within the framework of ‘the new quantitative trade model.’ We complement theory with a simple two-stage estimating procedure, and offer a proof of concept by quantifying the...
Persistent link: https://www.econbiz.de/10013312849
Persistent link: https://www.econbiz.de/10012229057
Persistent link: https://www.econbiz.de/10012318837
This paper endogenizes the spatial distribution of infrastructure investment and transportation costs. Transportation … costs between two addresses depend on cumulative infrastructure investment. In a continuous space setting with several … variation. The distribution of infrastructure is skewed towards central regions, rationalizing the non-linear trade …
Persistent link: https://www.econbiz.de/10010487751
Persistent link: https://www.econbiz.de/10013500545
This paper compares various estimation methods often used in the estimation of gravity models of international trade. The authors first discuss different structural and consistent estimation techniques, their underlying assumptions and their impact on estimated coefficients. They then estimate...
Persistent link: https://www.econbiz.de/10011502657