Showing 1 - 10 of 10
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … only directly but also indirectly through discipline. Using extensive data on international cartels, we find that trade …
Persistent link: https://www.econbiz.de/10011794168
We propose a simple and flexible econometric approach to quantify ex-ante the "deep" impact of trade liberalization and … measure of the change in bilateral trade costs in response to a hypothetical policy change. To demonstrate the effectiveness … of our methods, we focus on the integration between the countries from the Central European Free Trade Agreement (CEFTA …
Persistent link: https://www.econbiz.de/10012657930
1697 goods originating in 112 countries, to analyse the impact on Canadian imports of interwar Canadian trade policy …, including the 1932 Ottawa trade agreements. Rather than use a dummy variable approach, we compute the impact of individual … tariffs which varied substantially across goods, trade partners, and time. We develop a novel method of controlling for …
Persistent link: https://www.econbiz.de/10014377394
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … only directly but also indirectly through discipline. Using extensive data on international cartels, we find that trade …
Persistent link: https://www.econbiz.de/10011781965
-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing …-biased effect estimates due to the distribution of trade-policy events during an event window as well as due to anticipation (pre …
Persistent link: https://www.econbiz.de/10012314840
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 …
Persistent link: https://www.econbiz.de/10012582120
-discriminatory trade policies within the same comprehensive, and theoretically-consistent econometric specification. Our recommendations …
Persistent link: https://www.econbiz.de/10011522509
) 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 …
Persistent link: https://www.econbiz.de/10011522520
-discriminatory trade policies within the same comprehensive, and theoretically-consistent econometric specification. Our recommendations …
Persistent link: https://www.econbiz.de/10011509468
) 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 …
Persistent link: https://www.econbiz.de/10011515400