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Distance, formal and informal institutions in international trade

Lanz, Rainer; Lee, Woori; Stolzenburg, Victor - 2019 - Manuscript date: 24 January 2019

This paper brings together three strands of literature on the determinants of international trade − distance, formal … model, we find that the importance of formal institutions (rule of law) for bilateral trade increases with distance … substitution effect does not decrease with distance. Our findings contribute to explaining the persistent negative effect of …

Persistent link: https://www.econbiz.de/10011992777

How do natural disasters affect services trade?

Xu, Ankai; Kouwoaye, Amèvi Rocard - 2019 - Manuscript date: 6 December 2019

This paper is the first in the literature to examine the impact of natural disasters on trade in services. We measure the magnitude of natural disasters using two distinct sets of variables and quantify the effect of natural disasters on trade in services using a structural gravity model. We...

Persistent link: https://www.econbiz.de/10012132746

On the effects of GATT/WTO membership on trade : they are positive and large after all

Larch, Mario; Monteiro, José-Antonio; Piermartini, Roberta - 2019 - Manuscript date: 28 May 2019

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/10012025569

Better together: how digital connectivity and regulation reduce trade costs

Bellucci, Chiara; Rubínová, Stela; Piermartini, Roberta - 2023 - Manuscript date: 14 November 2023

In this paper we study the impact of digitalization on trade costs in 58 economies over the period 2014 - 2018. Improvements in digital connectivity can reduce trade costs through multiple channels, including better access to information, lower transaction costs, the reduced need for business...

Persistent link: https://www.econbiz.de/10014432117

Infrastructure and trade

Nordås, Hildegunn Kyvik; Piermartini, Roberta - 2004 - Manuscript date: August 2004

This paper explores the role that quality of infrastructure has on a country's trade performance, estimating a gravity model that incorporates bilateral tariffs and a number of indicators for the quality of infrastructure. The paper looks at the impact of the quality of infrastructure (road,...

Persistent link: https://www.econbiz.de/10010205559

The WTO Global Trade Costs Index and its determinants

Rubínová, Stela; Sebti, Mehdi - 2021 - Manuscript date: 18 January 2021

This study provides a decomposition of the WTO Global Trade Costs Index into five policy-relevant components: transport and travel costs; information and transaction costs; ICT connectedness; trade policy and regulatorydifferences; and governance quality. The WTO Global Trade CostsIndex is based...

Persistent link: https://www.econbiz.de/10012431235

Trade and welfare effects of the WTO Trade Facilitation Agreement

Beverelli, Cosimo; Gourevich, Isabella; Heiland, Inga; … - 2023 - Manuscript date: 28 February 2023

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...

Persistent link: https://www.econbiz.de/10014225999

Institutions, trade policy and trade flows

Jansen, Marion; Nordås, Hildegunn Kyvik - 2004 - Manuscript date: April 2004

This paper analyses to which extent domestic institutions affect trade flows. We use two complementary approaches, one focusing on the size of total trade flows and one focusing on bilateral trade patterns (gravity equation). Besides, we control for two other domestic policy variables: trade...

Persistent link: https://www.econbiz.de/10010205557

The layers of the IT Agreement's trade impact

Henn, Christian; Gnutzmann-Mkrtchyan, Arevik - 2015 - Manuscript date: February 2015

The WTO's plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper presents a comprehensive study of its trade impacts by incorporating recent insights from both the global value chain (GVC) and time in trade literatures. Inserting tariffs...

Persistent link: https://www.econbiz.de/10010482005

The impact of disasters on international trade

Gassebner, Martin - 2006

In this paper we examine the impact of major disasters on international trade flows using a gravity model. Our panel data consists of more than 170 countries for the years 1962-2004 yielding approximately 300,000 observations. We find that the driving forces determining the impact of such events...

Persistent link: https://www.econbiz.de/10003302292