Since July 2013, the EU and the US have been negotiating a preferential trade agreement (PTA), the Transatlantic Trade … and Investment Partnership (TTIP). We use a multi-country, multi-industry Ricardian trade model with national and … international input-output linkages to quantify its potential economic consequences. We structurally estimate the sectoral trade …

The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of … America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have … strong economic effects on Germany. In this paper, we put this trade policy initiative in its broader perspective. We argue …

To what extent has trade liberalization contributed to global production fragmentation and the formation of production … networks? We derive structural equations for value added trade flows, the domestic value added content of exports (DVA) and the … accession in 2001. We find that the associated trade cost changes spurred global production fragmentation, explaining about 6 …

regularities in international trade that have previously been studied incompletely and in isolation to one another. The literature … intersectorally and internationally, as in recent models of trade and growth …

to fall according to the accession agreement. This paper evaluates this 2007-2014 trade liberalization by building an …

Quantitative results from a large class of international trade models depend critically on the elasticity of trade with … respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate … price and trade-flow data using the Ricardian model. We motivate our estimator by proving that the estimator developed in …

past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify … ante trade frictions. The effects of new FTAs are similarly weaker for pairs with existing agreements already in place. In … addition, we are able to relate asymmetries in FTA effects to each country's ability to influence the other's terms of trade …

efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms … characterizing SOEs operations in a model of trade with firm heterogeneity and show that they can hinder the selection effects of … openness and tame the aggregate productivity gains from trade. We empirically test these predictions analyzing the response of …

The United States introduced Federal Trade Adjustment Assistance (TAA) as part of the 1962 Trade Expansion Act to … dampen the adverse impact of increased trade on workers. Applications to receive TAA require approval from the Department of …