This paper studies the effects of trade policy uncertainty on the extensive and the intensive margins of trade for a … sample of 149 exporters at the HS6 digit level. We measure trade policy uncertainty as the gap between binding tariff … commitments under trade agreements (multilateral and regional agreements) and applied tariffs- what is also known as tariffs …

A growing share of modern trade policy instruments is shaped by non-tariff barriers (NTBs). Based on a structural … gravity equation and the recently updated Global Trade Alert database, we empirically investigate the effect of NTBs on … imports. Our analysis reveals that the implementation of NTBs reduces imports of affected products by up to 12%. Their trade …

multilateral and preferential trade agreements. We consider models that explain this type of flexibility based on economic … efficiency, political economy shocks, and self-enforcement concerns, with an emphasis on the recent literature that views trade …

A growing share of modern trade policy instruments is shaped by non-tariff barriers (NTBs). Based on a structural … gravity equation and the recently updated Global Trade Alert database, we empirically investigate the effect of NTBs on … imports. Our analysis reveals that the implementation of NTBs reduces imports of affected products by up to 12%. Their trade …

The goal of the paper is to develop the method for measuring barriers to trade in services and apply it to determine … results of removing the barriers. The paper reviews the literature on barriers to trade in services and how they are measured …

Modern regional trade agreements focus on promoting bilateral exchange mostly by lowering non-tariff barriers to trade …. But do existing regional trade agreements actually deliver what they promise? This paper argues that existing results in … regional trade agreements boost services trade but not goods trade. Estimating separate non-tariff barrier effects for each …

declared by its trading partners in official trade statistics for the period 1994-2021 and discusses it in the context of the … larger. We construct a panel dataset to estimate a gravity model of the gap including market size, extent of trade, level of …

-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup … zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high … compile new data on global profit ownership. Our findings reveal that trade has greatly reshaped the global incidence of …

transformation. The standard trade theory postulates that trade openness contributes to poverty alleviation directly by changing … the trade-to-grossdomestic-product ratio to measure openness often fail to find a direct effect of openness on poverty over … effectiveness of the factor proportion channel may be due to limitations of the commonly used measure of trade openness: the trade …

accumulation to estimate the effects of the African Continental Free Trade Agreement (AfCFTA) on intra-African trade flows. The … empirical results show that the AfCFTA could raise intra-African trade by 24% in the short term and slightly more in the long … run. However, the potential trade and welfare gains associated with the continental trade integration reform are expected …