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 for trade flows is one of the most successful empirical models in
economics and has long played a central role in the trade literature (Anderson, 2011) …

Barriers to international trade are known to be large but because of data limitations it is hard
to measure them directly for a large number of countries over many years. To address this …

The measurement of trade costs and their effects on outcome is at the heart of a large
quantitative literature in international economics. The majority of the recent significant …

We present an empirical implementation of a general-equilibrium model of international
trade with heterogeneous manufacturing firms. The theory underlying our model is …

The international trade of waste products is large and has grown substantially in the past
decade. While a sizeable literature has flourished around the notion of international …

Gravity as both fact and theory is one of the great success stories of recent research on
international trade, and has featured prominently in the policy debate over Brexit. We first …

Cross-border mergers and acquisitions activities (M&As) sharply increased over the last two
decades, partly as a result of financial liberalization policies, government policies and …

Computable general equilibrium (CGE) models of international trade typically rely on
econometrically estimated trade elasticities as model inputs. These elasticities vary by as …

We derive a quantity‐based structural gravity equation system in which both trade flows and
error terms are cross‐sectionally correlated. This system can be estimated using techniques …