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Existing work examining the trade effect of commonwealth membership does not account for sample selection, unobserved heterogeneity and multilateral resistance in estimation, leading to biased estimates. Our analyses improve on all these fronts. Unlike earlier work, we also consider services...
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China’s “Belt and Road Initiative” (BRI) includes major infrastructure investment projects – roads, ports, railways – that aim to improve connectivity along a number of transport corridors spanning 71 countries. In this paper we find that notwithstanding the large scale of the...
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In their meta-analysis of estimates of the impact of technical barriers to trade, Li and Beghin (2012) note that studies using pesticides Maximum Residue Levels (MRLs) tend to find more trade impeding effects, but these studies do not directly address the problem of endogeneity in the...
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