With increasing sophistication, economists have been estimating gravity equations for five
decades. Robust evidence shows that borders and distance impede trade by much more …

The Gravity database gathers a set of variables useful to researchers or practitioners
estimating gravity equations. Each observation corresponds to a combination of an …

Trade elasticity which varies widely across products is a crucial parameter in evaluating the
welfare impacts of changes in trade frictions. We estimate trade elasticities at the product …

An Advanced Guide to Trade Policy Analysis is a follow up to A Practical Guide to Trade
Policy Analysis. The Advanced Guide provides the most recent tools for analysis of trade …

The gravity equation is the workhorse model of trade. Despite solid theoretical foundations
and clear gains from theory‐consistent policy analysis, there are still gaps between gravity …

This paper examines the impact of COVID-19 on bilateral trade flows using a state-of-the-art
gravity model of trade. Using the monthly trade data of 68 countries exporting across 222 …

Geo‐political tensions and disruptions to global value chains have led policymakers to re‐
evaluate their approach to globalisation. Many countries are considering friendshoring …

This chapter focuses on the estimation and interpretation of gravity equations for bilateral
trade. This necessarily involves a careful consideration of the theoretical underpinnings …

Science is increasingly global. The number of internationally co-authored papers is growing
rapidly. However, there is a paucity of analysis of the globalization of science from the …

Renewable energy markets have recently emerged in countries participating in the Belt and
Road Initiative (BRI). Despite having abundant renewable energy resources, these countries …