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naive reduced-form estimating equation and apply it without guidance from theory, while others are skeptical about its … usefulness for counterfactual projections. The objective of this paper is to offer a historical overview of its evolution from an …
Persistent link: https://www.econbiz.de/10012818511
Exploiting changes in the geography of economic integration in Europe, this paper uses detailed bilateral trade data for 50 sectors to carry out an econometric ex post evaluation of the trade cost effects of the United Kingdom's various arrangements with the European Union. The analysis reveals...
Persistent link: https://www.econbiz.de/10011933707
We employ theory-grounded sectoral gravity models to estimate the effects of various steps of European product market …
Persistent link: https://www.econbiz.de/10011794042
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, and we outline recent methods to obtain theory-consistent GE effects of trade policy with a simple estimation procedure …
Persistent link: https://www.econbiz.de/10011515400
procedures to perform counterfactual analysis with the gravity model, and we outline recent methods to obtain theory …-consistent GE effects of trade policy with a simple estimation procedure that can be performed in any statistical software package …
Persistent link: https://www.econbiz.de/10011507632
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This paper explores the economic impacts of preferential trade agreements, conditional on their level of ambition. We cluster 278 agreements, encompassing 910 provisions over 18 policy areas and estimate the trade elasticity for the different clusters. We then use these elasticities in a series...
Persistent link: https://www.econbiz.de/10012801551
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