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International Trade Integration: A Disaggregated Approach

Chen, Natalie; Novy, Dennis - Centre for Economic Performance, LSE - 2009

trade barriers for manufacturing industries in European Union countries between 1999 and 2003. We find a large degree of … trade cost heterogeneity across industries. The most important trade barriers are transportation costs and policy factors …

Persistent link: https://www.econbiz.de/10005796096

Gravity Redux: Measuring International Trade Costs with Panel Data

Novy, Dennis - Centre for Economic Performance, LSE - 2012

Barriers to international trade are known to be large but due to data limitations it is hard to measure them directly for a large number of countries over many years. To address this problem I derive a micro-founded measure of bilateral trade costs that indirectly infers trade frictions from...

Persistent link: https://www.econbiz.de/10009416223

Is the International Border Effect Larger than the Domestic Border Effect? Evidence from U.S. Trade

Coughlin, Cletus C.; Novy, Dennis - Centre for Economic Performance, LSE - 2012

Many studies have found that international borders represent large barriers to trade. But how do international borders compare to domestic border barriers? We investigate international and domestic border barriers in a unified framework. We consider a data set of exports from individual U.S....

Persistent link: https://www.econbiz.de/10010569799

On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations

Chen, Natalie; Novy, Dennis - Centre for Economic Performance, LSE - 2012

used as regressors in a gravity equation of trade. Instead, the indirect approach infers the extent of trade impediments …

Persistent link: https://www.econbiz.de/10010570488

International Trade Without CES: Estimating Translog Gravity

Novy, Dennis - Centre for Economic Performance, LSE - 2010

This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations …. I test the translog gravity equation and find strong empirical support in its favor. …

Persistent link: https://www.econbiz.de/10009643556