Results 161 to 170 of about 6,283 (260)

The Surprising Bias of PPML Estimates of Structural Gravity Models With Two‐Way Fixed Effects

open access: yesReview of International Economics, EarlyView.
ABSTRACT The previous literature has shown that the Poisson Pseudo‐Maximum Likelihood (PPML) estimator provides consistent and asymptotically unbiased estimates of the parameters of structural gravity models with two‐way fixed effects, although their standard errors need correction.
Ben Shepherd, Tom Zylkin
wiley   +1 more source

Trade Liberalization and Labor Market Monopsony Power: Evidence From China

open access: yesReview of International Economics, EarlyView.
ABSTRACT We study the effect of trade liberalization on firms' monopsony power in the labor market. We estimate firm‐specific markdowns from production data in the manufacturing industry and document the trends in China between 1998 and 2007. Taking China's entry to the WTO as a policy shock, we use a difference‐in‐differences (DiD) approach combined ...
Pengzhan Qian, Dan Xie
wiley   +1 more source

Trade and Selection With Heterogeneous Firms and Perfect Competition

open access: yesReview of International Economics, EarlyView.
ABSTRACT This paper extends the Heckscher–Ohlin–Samuelson framework to allow for heterogeneous firms with capacity constraints. We show that the central theorems of the HOS model (as well as their standard generalizations via duality) carry over to our setting.
Xue Bai   +3 more
wiley   +1 more source

Reversal of economic integration: evidence from European Union enlargement

open access: yesThe Scandinavian Journal of Economics, EarlyView.
Abstract Empirical models of trade agreements implicitly assume that withdrawal from a trade agreement has an equal and opposite trade effect as accession (i.e., symmetry). With increasing opposition to international economic cooperation, it becomes urgent to test this assumption.
Hinnerk Gnutzmann   +2 more
wiley   +1 more source

From Expansion to Erosion: The Global Trajectory of Judicial Independence, 1960–2018

open access: yesSociological Forum, EarlyView.
ABSTRACT Judicial independence expanded globally throughout the twentieth century, but this trajectory has recently come under pressure. In recent years, governments around the world have increasingly challenged judicial autonomy. This study unpacks this global reversal by analyzing data from 156 states between 1960 and 2018.
Nir Rotem
wiley   +1 more source

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