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This paper examines the early months of trade in goods between the United Kingdom and European Union in the aftermath of Brexit. Controlling for product-time and partner country effects across all European bilateral trade flows, we isolate the contribution of Brexit on trade in the first half of...
Persistent link: https://www.econbiz.de/10012796105
This paper examines the early months of post-Brexit trade flows in goods between Ireland and the United Kingdom. Controlling for product-level time effects across all global trade partners, we isolate the contribution of Brexit to trade in the first eight months of 2021 from other potential...
Persistent link: https://www.econbiz.de/10012796167
This paper estimates how Brexit has affected goods trade between the United Kingdom and European Union. Using product-level trade flows between the EU and all other countries in the world as a comparison group, we find a sharp decline in trade from the UK to the EU and significant but smaller...
Persistent link: https://www.econbiz.de/10013438748
This article investigates by means of an augmented gravity model, the impact of EMU on financial market integration across time by assessing its effect on capital (equities and bonds) holdings. We contribute to the respective literature by investigating this effect from a global perspective and...
Persistent link: https://www.econbiz.de/10014030226
We develop a simple estimation procedure for general equilibrium (GE) comparative static analysis of gravity models. Non-linear solvers of estimated models are replaced by (constrained) regressions. Applied economists can more readily generate results, with more intuition about the working of...
Persistent link: https://www.econbiz.de/10011384362
Using newly panel data on visa restrictions for the years 2000 and 2010 in a theory-grounded gravity model, we find a robust, causal negative impact of visa restrictions on international tourist flows. By destination, the detrimental impact of this type of barrier is observed for tourists going...
Persistent link: https://www.econbiz.de/10011572762
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/10012866418