) joint trade costs endogenous to bilateral volumes, (ii) long run gravity as a limiting case of efficient investment in … bilateral capacities, (iii) a structural ratio of short run to long run trade elasticities equal to a microfounded buyers …' incidence elasticity, and (iv) tractable short and long run models of the extensive margin. Application to manufacturing trade …

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 of GATT/WTO membership on international trade relative to domestic … results imply that, on average, joining GATT and/or WTO has increased trade between members by 171% and trade between member …

We propose a simple method to identify the effects of unilateral and non-discriminatory trade policies on bilateral … trade within a theoretically-consistent empirical gravity model. Specifically, we argue that structural gravity estimations … should be performed with data that include not only international trade flows but also intra-national trade flows. The use of …

) effects of trade policy using the structural gravity model. We try to achieve this objective in four steps. First, we focus on … make trade policy inferences. Second, we present and discuss a series of indexes that can be used to summarize the GE … effects of trade policy. Third, we summarize the standard procedures to perform counterfactual analysis with the gravity model …

structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest … expect the ETWFE methods to have significant implications for the estimates of other policy variables in the trade literature …

structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest … expect the ETWFE methods to have significant implications for the estimates of other policy variables in the trade literature …

We quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive … database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the average impact of GATT …/WTO membership on trade among member countries is large, positive, and significant. We contribute to the literature by estimating …

The gravity equation is the workhorse model for analysis of bilateral trade flows. Despite solid theoretical … paper focuses on domestic trade flows, and I argue that there are significant benefits from adhering to theory by estimating … gravity equations with domestic (in addition to international) trade flows. To this end, I review the contributions from the …

We propose a short-run theory of the extensive margins of trade, comprising the standard international extensive margin …

The WTO Trade Facilitation Agreement (TFA) has been predicted to bring about an expansion in trade flows and real … equilibrium modelling results. The main insight is that the TFA increased trade, in particular in agriculture, between developing … countries that made commitments. General equilibrium estimations indicate that agricultural trade increases by 5% worldwide …