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Staggered Difference-in-Differences in Gravity Settings: Revisiting the Effects of Trade Agreements
Journal article   Open access   Peer reviewed

Staggered Difference-in-Differences in Gravity Settings: Revisiting the Effects of Trade Agreements

Arne Nagengast and Yoto Yotov
American economic journal. Applied economics, v 17(1), pp 271-296
01 Jan 2025
url
https://doi.org/10.2139/ssrn.4646368View

Abstract

Economic Integration (F15) Empirical Studies of Trade (F14) Labor Standards: Labor Force Composition (J82) Selected Countries Single Equation Models, Single Variables: Panel Data Models, Spatio-temporal Models (C23) Trade and Labor Market Interactions (F16) Regression Trade
We nest an extended two-way fixed effect (ETWFE) estimator for staggered difference-in-differences within the structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest that RTA estimates in the current gravity literature may be biased downward (by more than 50 percent in our sample). Sensitivity analyses confirm the robustness of our main findings and demonstrate the applicability of our methods across settings. We expect the ETWFE methods to have significant implications for estimates of other policy variables in the trade literature and for gravity regressions on migration and foreign direct investment.

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7 citations in Scopus

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Domestic collaboration
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Web of Science research areas
Economics
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