Documentos e informes

The Trade-Growth Nexus: Evidence of Causality from Innovative Instruments for Trade (Inglés)

During the past decades, extensive literature has emphasized the role of both international trade and openness in fostering economic growth. Endogeneity bias is a nagging challenge for any empirical attempt...

Trading in Clusters and the Future of Small-Scale Trade in the Borderlands of the Great Lakes Region of Africa (Inglés)

This paper presents a coping strategy that small-scale cross-border traders adopted in response to the shock of the COVID-19 pandemic and examines its impact. Using a cross-sectional data set of 1,159...

The Macroeconomy After Tariffs (Inglés)

What does the macroeconomy look like in the aftermath of tariff changes? This paper estimates impulse response functions from local projections using a panel of annual data that spans 151 countries over...

The Trade Impact of AGOA : A Synthetic Control Approach (Inglés)

Since the introduction of the Generalized System of Preferences (GSP) in the 1970’s, there has been widespread interest in understanding the impact of non-reciprocal trade preferences provided to sub-Saharan...

Trade Facilitation Provisions in Preferential Trade Agreements : Impact on Peru’s Exporters (Inglés)

Trade facilitation measures that simplify, modernize, and harmonize export and import processes are particularly important in a world of global value chains where goods cross borders multiple times. At...

The Distributional Impacts of Trade : Empirical Innovations, Analytical Tools, and Policy Responses (Inglés)

Trade is a well-established driver of growth and poverty reduction. But changes in trade policy also have distributional impacts that create winners and losers. It is vital to understand and clearly communicate...

Containing Chinese State-Owned Enterprises? : The Role of Deep Trade Agreements (Inglés)

Regional trade agreements increasingly include provisions that regulate state-owned enterprises. This paper combines new information on the content of “deep” regional trade agreements and data on Chinese...

A General Equilibrium Assessment of the Economic Impact of Deep Trade Agreements (Inglés)

This paper explores the economic impacts of preferential trade agreements, focusing on the provisions they contain, beyond phasing out tariffs. Clustering 278 preferential trade agreements based on 906...

The Effectiveness of Environmental Provisions in Regional Trade Agreements (Inglés)

Trade liberalization can spur environmental degradation. Concerns over these adverse impacts have led to a debate over the need for environmental provisions in regional trade agreements (RTAs), however...

Taking Stock of Trade Policy Uncertainty : Evidence from China’s Pre-WTO Accession (Inglés)

This paper studies the effects on international trade from the annual tariff uncertainty about China’s Most Favored Nation (MFN) status renewal in the United States prior to joining the World Trade Organization...

Identification Properties for Estimating the Impact of Regulation on Markups and Productivity (Inglés)

This paper addresses several shortcomings in the productivity and markup estimation literature. Using Monte-Carlo simulations, the analysis shows that the methods in Ackerberg, Caves and Frazer (2015)...

Trade Policy and Market Power : Firm-Level Evidence (Inglés)

This paper identifies the effect of trade policy on market power through new data and a new identification strategy. It uses a large data set containing export values and quantities by product and destination...

Revisiting the Trade Impact of the African Growth and Opportunity Act : A Synthetic Control Approach (Inglés)

This study examines the impact of the African Growth and Opportunity Act using the synthetic control method, a quasi-experimental approach. The novelty in the approach is that it addresses problems of...

Is Automation Labor-Displacing in the Developing Countries, Too? : Robots, Polarization, and Jobs (Inglés)

Are Trade Preferences a Panacea ? The Export Impact of the African Growth (Inglés)

Does “infant industry” preferential access durably boost exports? Using country-product-year data for 1992–2017 and triple-differences regressions, we show that the African Growth and Opportunity Act (AGOA)...

Albania : Trade Impact of CEFTA (Inglés)

Regional free trade agreements (FTAs) have a sizable effect on exports and foster economic growth. While reducing tariffs in member countries, regional FTAs harmonize trade policy across regions and reduce...

Contractual Frictions and the Margins of Trade (Inglés)

A growing body of work has shown that the quality of national institutions that enforce written contracts plays an important role in shaping a country's comparative advantage. Using highly disaggregated...

The Intensive Margin in Trade (Inglés)

Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting firms (the extensive margin) or in the average size of an exporter (the intensive margin)?...

The Heterogeneous Effects of Trade Policy Uncertainty : How Much Do Trade Commitments Boost Trade ? (Inglés)

This paper studies the effects of trade policy uncertainty on the extensive and intensive margins of trade for a sample of 65 exporters at the Harmonized System six-digit level. The paper measures trade...

Effects of a Deeper Central European Free Trade Agreement (Inglés)

This paper studies the economic effects of ‘deepening’ the Central European Free Trade Agreement (CEFTA). It combines new information on the content of trade agreements with gravity model estimates of...