This study reviews the importance of the bilateral economic relationship between the EU and US. It integrates NTB estimates, based on gravity modeling and firm surveys, with computable general equilibrium (CGE)-based estimates for the economy-wide impact of reducing both tariff and non-tariff...

An in-depth discussion on the strategic future of the transatlantic market in trade and investment took place during the EU-US Summit on April 30, 2007. In December 2007 a Study on Non-Tariff Measures in EU-US Trade and Investment launched. The research consortium included IIDE (the Institute...

This is an update to the 2009 release of the trade in services database (TSD). The database provides a consolidated and reconciled version of multiple sources of bilateral trade data. Its advantages over the original source data are that it provides broader coverage based on mirror flows,...

We compare three theoretical explanations for the positive empirical relationship between importer income per capita and traded goods prices. A first explanation is that consumers with higher incomes demand higher quality goods with higher prices. A second explanation is that wealthier people...

We develop a model of trade and firm heterogeneity in an oligopolistic setting. This setting generates key differences in terms of modelling setup, modelling predictions and welfare implications with respect to the existing literature on trade and firm heterogeneity. In terms of modelling setup...

This paper builds upon an updated database of international trade and FDI in services (Trade in Services Database Ð TSD) to provide an overview of recent trends in volume and modes of trade in services. The database combines, through concordance to a common classification scheme, data from a...

We evaluate the effects of potential measures to liberalize trade between the EU and the CIS using a computable general equilibrium (CGE) model. We look at the CIS as an aggregate and we also present results for individual CIS countries. Our CGE model takes different underlying industry specific...

We analyze the effects of potential measures to liberalize trade between the European Union and ASEAN using a computable general equilibrium (CGE) model of world trade. The results on the whole point to positive effects for most of ASEAN under all scenarios, and small but positive effects over...

This technical report brings together two papers on the linear and non-linear versions of the multi-region trade simulation model known as GSIM. It outlines a modeling strategy for the partial equilibrium analysis of tariff and antidumping policy on a global level. The framework is scalable,...

This technical report brings together two papers on the linear and non-linear versions of the multi-region trade simulation model known as GSIM. It outlines a modeling strategy for the partial equilibrium analysis of tariff and antidumping policy on a global level. The framework is scalable,...