Yoto Yotov, PhD

Candid photo of Yoto Yotov

Yoto V. Yotov is a Professor at the School of Economics of the LeBow College of Business, Drexel University, and a Research Professor at the ifo Institute, Munich. Yotov’s research is focused on international trade, and his work appears in the American Economic Review, the Journal of International Economics, the Economic Journal, the International Economic Review, and the European Economic Review, among others.

Yotov has done consulting, training, and advising projects for a number of international organizations (e.g., the World Trade Organization), national governments (e.g., the Department of Foreign Affairs and International Trade, Canada), research institutes (e.g., the Kiel Institute of the World Economy), and his research is funded by the International Growth Center at the London School of Economics, and the Centre for Corporate Reputation at the University of Oxford.

Yotov’s book “An Advanced Guide to Trade Policy Analysis: The Structural Gravity Model” (co-published by the United Nations and the World Trade Organization), together with the International Trade and Production Database (developed for the U.S. International Trade Commission), and the Global Sanctions Database are all free public goods and evidence of Yotov’s efforts to translate rigorous academic research methods and tools for sound policy making.

Yotov has taught at Princeton University, the University of Munich, the University of Tübingen, and Boston College, and he has held visiting positions at many universities around the world. Most recently, Yotov has been pursuing his passion for research and teaching under his “Gravity with Gravitas for Autism” initiative, with the goal to earn funds to establish a free-of-charge center for diagnostics and support of children with autism in his hometown in Bulgaria. Yotov has taught gravity modeling and trade policy analysis to students and researchers from more than 130 countries.

Areas of Expertise

  • International Trade
  • Trade Policy

Selected Works


Yotov, Yoto, Felbermayr, Gabriel, Kirilakha, Aleksandra, Syropoulos, Constantinos, and Yalcin, Erdal, The Global Sanctions Data Base. European Economic Review (Forthcoming)

Yotov, Yoto, Laincz, Christopher, and Matschke, Xenia, Policy and Politics: Trade Adjustment Assistance in the Crossfire. Canadian Journal of Economics (Forthcoming)

Yotov, Yoto, Borchert, Ingo, Larch, Mario, and Shikher, Serge, The International Trade and Production Database for Estimation (ITPD-E). International Economics (Forthcoming)

Yotov, Yoto, Heid, Benedikt, and Larch, Mario, Estimating the Effects of Non-discriminatory Trade Policies within Structural Gravity Models. Canadian Journal of Economics (Forthcoming)

Yotov, Yoto, and Anderson, James E., Short Run Gravity. Journal of International Economics 126 (Sep 2020):

Yotov, Yoto, Anderson, James E., and Larch, Mario, Transitional Growth and Trade with Frictions: A Structural Estimation Framework. Economic Journal 130 (Aug 2020): 1583-1607.

Yotov, Yoto, Syropoulos, Constantinos A., and Garfinkel, Michelle R., Arming in the Global Economy: The Importance of Trade with Enemies and Friends. Journal of International Economics 123 (Mar 2020):

Yotov, Yoto, Larch, Mario, and Anderson, James E., Trade and Investment in the Global economy: A multi-country dynamic analysis. European Economic Review 120 (Nov 2020):

Agnosteva, Delina, Anderson, James E., and Yotov, Yoto, Intra-national Trade Costs: Assaying Regional Frictions. European Economic Review 112(C) (Dec 2019): 32-50.

Baier, Scott, Yotov, Yoto, and Zylkin, Thomas, On the Widely Differing Effects of Free Trade Agreements: Lessons from Twenty Articles Years of Trade Integration. Journal of International Economics (Jan 2019):

Larch, Mario, Wanner, Joschka, Yotov, Yoto, and Zylkin, Thomas, PPML with High-Dimensional Fixed Effects: A Reassessment of the Currency Union Effects on Trade. Oxford Bulletin of Economics and Statistics (Nov 2018):

Larch, Mario, Wanner, Joschka, and Yotov, Yoto, On the Bi- and Uni-lateral Trade Effects of EMU Membership. Economics Letters (Oct 2018):

Anderson, James E., Larch, Mario, and Yotov, Yoto, Estimating General Equilibrium Trade Policy Effects: GE PPML. The World Economy (Oct 2018):

Anderson, James E., Borchert, Ingo, Mattoo, Aaditya, and Yotov, Yoto, Dark Costs, Missing Data: Shedding Some Light on Services Trade. European Economic Review (Jun 2018):

Borchert, Ingo, and Yotov, Yoto, Distance, Globalization, and International Trade. Economics Letters (May 2017):

Yotov, Yoto, Anderson, James E., and Vesselovsky, Mykyta, Gravity with Scale Economies. Journal of International Economics 174-193 (May 2016): 174-193.

Yotov, Yoto, and Anderson, James E., Terms of Trade and Global Efficiency Effects of Free Trade Agreements, 1990-2002. Journal of International Economics 99 (Mar 2016): 279-298.

Yotov, Yoto, Bergstrand, Jeffrey, and Larch, Mario, Economic Integration Agreements, Border Effects, and Distance Elasticities in the Gravity Equation. European Economic Review 78 (Jul 2015): 307-327.

Yotov, Yoto, Uysal, Pinar, and Zylkin, Thomas, Firm Heterogeneity and Trade-Induced Layoffs: An Empirical Investigation. European Economic Review 75 (Apr 2015): 80-97.

Anderson, James E., Milot, Catherine A., and Yotov, Yoto, How Much Does Geography Deflect Services Trade? Canadian Answers. International Economic Review 55 (Aug 2014): 791-818.

Dai, Mian, Yotov, Yoto, and Zylkin, Thomas, On the Trade-diversion Effects of Free Trade Agreements. Economics Letters (Feb 2014):

Yotov, Yoto, A Simple Solution to the Distance Puzzle in International Trade. Economics Letters 117 (Jul 2012):

Olivero, Maria P., and Yotov, Yoto, Dynamic Gravity: Theory and Empirical Implications. Canadian Journal of Economics 45 (Feb 2012):

Dinopoulos, Elias, Syropoulos, Constantinos A., Xu, Bin, and Yotov, Yoto, Intraindustry Trade and Wage-Income Inequality: Theory and Evidence. Journal of International Economics 84 (May 2011): 15-25.

Anderson, James E., and Yotov, Yoto, The Changing Incidence of Geography. The American Economic Review 100 (Dec 2010): 2157-86.

Yotov, Yoto, Trade-Induced Unemployment: How Much Do we Care?. Review of International Economics 18 (Nov 2010): 972-989.


Yotov, Yoto, Piermartini, Roberta, Monteiro, Jose Antonio, and Larch, Mario, An Advanced Guide to Trade Policy Analysis: The Structural Gravity Model. Geneva: United Nations and World Trade Organization, (Forthcoming)


Baier, Scott, Kerr, Amanda, and Yotov, Yoto, “Gravity, Distance, and International Trade.” Handbook of International Trade and Transportation, USA: Edward Elgar, (2018):

Larch, Mario, and Yotov, Yoto, “On the Economic Impact of FDI and Trade Liberalization in the Asia-Pacific Region: A Structural Quantitative Analysis.” Asia-Pacific Trade and Investment Report (APTIR), Asia: United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), (2017):

Editorial Board Service

Economics 21 – Member (2018 – Present)
Business Management – Member (2018 – Present)
Review of International Economics – Member (2018 – Present)
European Economic Review – Guest Editor (2018 – Present)
Economics 21 – Member (2017 – 2017)
Business Management – Member (2017 – 2017)


BA International Economics - Tsenov Academy of Economics, Bulgaria, 2000
BA BS Economics - Truman State University, Kirksville, MO 2002
MA Economics - Boston College, Boston, MA USA 2003
PhD Economics - Boston College, Boston, MA USA 2007


2020 Fulbright Specialist Roster (The Fulbright Scholar Program)
2019 Keynote Lecture (III Jornadas de Investigacoin en Internacionalizacion)
2019 Keynote Lecture at the Annual IATRC Meeting (The International Agricultural Trade Research Consortium (IATRC))
2019 The CES Lectures Programme (University of Munich)
2019 Distinguished Visiting Professor (University of Tbingen, Summer 2019, Germany)
2018 Keynote Lecture EGIT Conference (University of Vienna)
2017 Research Professor (Ifo Institute, Leibniz Institute for Economic Research, University of Munich)
2016 Provost Award for Outstanding Mid-career Scholarly Achievement (Drexel University)
2015 Research Fellow (CESifo Research Network)
2014 Deans Excellence in Service Award (LeBow College of Business, Drexel)
2013 Outstanding Faculty Mentor Award (Drexel University)
2010 Allen Rothwarf Award for Teaching Excellence (Drexel Univeristy)
2009 Excellence in Teaching Award (Drexel University, LeBow College of Business)
2009 Excellence in Research Award (LeBow College of Business)
2007 Donald and Helene White Prize for Best Dissertation in the Social Sciences (BC)
2006 Donald J. White Teaching Excellence Award (Boston College)