Review of International Economics, 2023, 31, (5), S.1571-1893
Leading theories suggest that amongst continuing exporters, lower variable trade costs should boost exports of smaller firms
by the same or greater percentage rate than larger firms. However, investigating the impact of the deep EU-South Korea FTA
with French customs data, we find robust evidence to the contrary. Applying a triple-difference framework, we report that
the FTA increased sales in the top quartile of continuous exporters by 71.5 percent points more than in the bottom quartile.
More than 90 percent of that growth premium is driven by reductions in NTBs. These findings suggest an additional channel
driving the distributional effects of FTAs.
Constantinos Syropoulos, Gabriel Felbermayr, Aleksandra Kirilakha, Erdal Yalcin, Yoto V. Yotov
This paper introduces the third update or release of the Global Sanctions Data Base (GSDB-R3). The GSDB-R3 extends the period
of coverage from 1950-2019 to 1950-2022, which includes two special periods – COVID-19 and the new sanctions against Russia.
This update of the GSDB contains a total of 1,325 cases. In response to multiple inquiries and requests, the GSDB-R3 has been
amended with a new variable that distinguishes between unilateral and multilateral sanctions. As before, the GSDB comes in
two versions, case-specific and dyadic, which are freely available upon request at GSDB@drexel.edu. To highlight one of the
new features of the GSDB, we estimate the heterogeneous effects of unilateral and multilateral sanctions on trade. We also
obtain estimates of the effects on trade of the 2014 sanctions on Russia.