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in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan … of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and … sources of overestimated aggregate border effects of knowledge spillovers. While self-citations are only 11% of total …
Persistent link: https://www.econbiz.de/10003833339
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a "cornersolutions- version"of the gravity model to …
Persistent link: https://www.econbiz.de/10011450770
economies and the rest of the world. Through a variance decomposition and counterfactuals, the model allows us to assess the …
Persistent link: https://www.econbiz.de/10012064397
We construct the world's centers of gravity for human population, GDP and CO2 emissions by taking the best out of five …th century, after World War I for CO2 emissions, after World War II for GDP. Since then, both centers are moving eastward …
Persistent link: https://www.econbiz.de/10011987041
We capitalize on the latest developments in the empirical structural gravity literature to revisit the question of whether and how much does GATT/WTO membership affect international trade. We are the first to capture the non-discriminatory nature of GATT/WTO commitments by measuring the effects...
Persistent link: https://www.econbiz.de/10012030680
Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade and welfare. We make use of the rich dimensionality of our data and of the latest developments in the structural gravity literature. Starting with a broad evaluation by sanction...
Persistent link: https://www.econbiz.de/10012031035
We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10011560677
Short run gravity is a geometric weighted average of long run gravity and bilateral capacity. The model features (i) joint trade costs endogenous to bilateral volumes, (ii) long run gravity as a limiting case of effcient investment in bilateral capacities, (iii) a structural ratio of short run...
Persistent link: https://www.econbiz.de/10011659435
with the World Bank’s Global Bilateral Migration Database. Overall, our results suggest little evidence that natural …
Persistent link: https://www.econbiz.de/10011551039
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization affects manufacturing trade over the period 1986-2006 and show that, on average, the effect of distance has fallen whereas the effects of proximity and regional trade agreements...
Persistent link: https://www.econbiz.de/10011586305