Background Large vessels that call at European ports will have to pay for their CO2 emissions from transporting cargo that enters or goes from a European port since January 2024. The costs will increase with increasing global trade. This results in a higher pollution level, including greenhouse...

This paper quantifies the effects of a hypothetical $40 per ton of CO2 tax on maritime transport implemented worldwide. Calculations are based on trade data covering the 2012-2018 period for 185 countries and on a multisector structural gravity model designed to isolate seaborne trade and to...

Theory suggests that cultural similarity increases migration flows between countries. This paper brings best practices from the trade gravity literature to migration to test this prediction. In my preferred specification, I use lags of time-varying similarity variables in a panel of...

Theory suggests that cultural similarity of countries increases migration flows between them. This paper brings best practices from the trade gravity literature to migration and tests this prediction. In my preferred specification, I use lags of time-varying similarity variables in a panel of...

The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real income gains. To date, there is still very limited empirical evidence on the actual post-implementation impact of the TFA. This paper provides an assessment, combining econometric...

This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 to 2018. Our results suggest that an increase in...