Showing 1 - 10 of 27
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
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
Bilateral trade balances often play an important role in the international trade policy debate. Academic economists … understand that they are misleading indicators of competitiveness and of the gains from trade. However, they also recognize their … (2002) argue that the canonical gravity model of trade fails when confronted with bilateral trade balances data, dubbing …
Persistent link: https://www.econbiz.de/10012064371
We propose a simple method to identify the effects of unilateral and non-discriminatory trade policies on bilateral … trade within a theoretically-consistent empirical gravity model. Specifically, we argue that structural gravity estimations … should be performed with data that include not only international trade flows but also intra-national trade flows. The use of …
Persistent link: https://www.econbiz.de/10011750135
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
analysis we attempt to emphasize the links and importance of transportation costs for the trade literature and we outline … avenues where we believe interdisciplinary contributions between the international trade and transportation economics fields …
Persistent link: https://www.econbiz.de/10011611143
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