Yoto Yotov, PhD

Fontagne, Lionel, and Yotov, Yoto, Reassessing the impact of the Single Market and its ability to help build strategic autonomy. European Economic Review (Forthcoming).

Jacks, David, O’Rourke, Kevin, Taylor, Alan, and Yotov, Yoto, Distance, Empire, and British Exports Over Two Centuries. Journal of Economic History (Forthcoming).

Campos, Rodolfo, Larch, Mario, Timini, Jacopo, Vidal, Elena, and Yotov, Yoto, Does the WTO Promote Trade? A Meta-analysis. IMF Economic Review (Forthcoming).

Felbermayr, Gabriel, Kwon, Ohyun, Syropoulos, Constantinos A., and Yotov, Yoto, When Trade Sanctions Increase the Target’s Trade. Voxeu.org (Aug 2026).

Kwon, Ohyun, Nagengast, Arne J., Yotov, Yoto, and Yoon, Jangsu, How trade sanctions affect bilateral trade while they are in force and after they are lifted. Research Briefs, Deutsche Bundesbank (Jul 2026).

Bradley, Sebastien, Florez-Mendoza, Javier, Larch, Mario, and Yotov, Yoto, The Granular Trade and Production Activities (GRANTPA) Database. World Trade Review (Jul 2026).

Felbermayr, Gabriel, Kariem, Heider, and Yotov, Yoto, Finanzsanktionen im Fokus: Stilisierte Fakten und Determinanten der Sanktionsverhangung. Perspektiven der Wirtschaftspolitik (May 2026).

Fontagne, Lionel, and Yotov, Yoto, On the Impact and Resilience of the European Union. i-MIP policy briefs (Mar 2026).

Felbermayr, Gabriel, Ghodsi, Mahdi, Kariem, Heider, Stehrer, Robert, and Yotov, Yoto, Economic implications for Europe of a potential re-integration of Iran into the world economy. Policy briefs, Initiative Neue Soziale Marktwirtschaft (Jan 2026).

Anderson, James E., and Yotov, Yoto, Tariff reciprocity and the True Cost of Protection Index. Voxeu.org, CEPR (Jan 2026).

Bradley, Sebastien, Carril-Caccia, Federico, and Yotov, Yoto, Reassessing the Effects of Corporate Income Taxes on Mergers and Acquisitions Using Empirical Advances in the Gravity Literature. National Tax Journal (Dec 2025).

Nagengast, Arne J., Rios-Avila, Fernando, and Yotov, Yoto, How much has the EU Single Market boosted trade? New insights from cutting-edge econometric methods. SUERF Policy Brief (Dec 2025).

Nagengast, Arne J., Rios-Avila, Fernando, and Yotov, Yoto, The European Single Market and Intra-EU Trade: An Assessment with Heterogeneity-Robust Difference-in-Differences Methods. Economica (Nov 2025).

Stefanova, Stefani, Bandarkar, Sophie, and Yotov, Yoto, A Reassessment of the Impact of the Organization for Economic Co-operation and Development on International Trade. Applied Economics (Oct 2025).

Kwon, Ohyun, Yoon, Jangsu, and Yotov, Yoto, A Generalized Poisson-Pseudo Maximum Likelihood Estimator. Journal of Business and Economic Statistics (Oct 2025).

Felbermayr, Gabriel, Morgan, Clifton T., Syropoulos, Constantinos, and Yotov, Yoto, Economic Sanctions: Stylized Facts and Quantitative Evidence. Annual Review of Economics (Aug 2025).

Herman, Peter, Gurevich, Tamara, Toubal, Farid, and Yotov, Yoto, Linguistic fractionalization, trade, and welfare. Economic Inquiry (Jul 2025).

Larch, Mario, Shikher, Serge, and Yotov, Yoto, Estimating Gravity Equations: Theory Implications, Econometric Developments, and Practical Recommendations. Review of International Economics (Jun 2025).

Syropoulos, Constantinos, Felbermayr, Gabriel, Kirilakha, Aleksandra, Kariem, Heider, Kwon, Ohyun, Yalcin, Erdal, and Yotov, Yoto, The Global Sanctions Data Base - Release 4: The Heterogeneous Effects of the Sanctions on Russia. World Economy (Jun 2025).

Freeman, Rebecca, Theodorakopoulos, Angelos, Larch, Mario, and Yotov, Yoto, Unlocking New Methods to Estimate Country-specific Trade Costs and Trade Elasticities. Journal of Applied Econometrics (May 2025).

Gibson, Ruth, Bradley, Sebastien, Yotov, Yoto, Syropoulos, Constantinos, Barry, Michele, Bendavid, Eran, Darmstadt, Gary, Kirilakha, Aleksandra, Dieleman, Joseph, and Wise, Paul H., The impact of aid sanctions on maternal and child mortality, 1990-2019: a panel analysis. The Lancet Global Health (May 2025).

Gurevich, Tamara, Herman, Peter, Toubal, Farid, and Yotov, Yoto, A Dataset on Linguistic Connectivity Across and Within Countries. Nature, Scientific Data (Mar 2025).

Felbermayr, Gabriel, Kirilakha, Aleksandra, Kariem, Heider, Kwon, Ohyun, Syropoulos, Constantinos A., Yalcin, Erdal, and Yotov, Yoto, On the effectiveness of the sanctions on Russia: New data and new evidence. Voxeu.org (Mar 2025).

Anderson, James E., and Yotov, Yoto, Gravity in Transition. Review of International Economics (Mar 2025).

Nenov, P., Nilsen, J., Stefanova, S, and Yotov, Yoto, OECD accession and the Bulgarian economy. Bulgarian Council for Economic Analysis (Feb 2025).

Gurevich, Tamara, Herman, Peter, Toubal, Farid, and Yotov, Yoto, One language, one nation: Language policy and economic integration. Voxeu.org (Feb 2025).

Larch, Mario, Monteiro, Jose Antonio, Piermartini, Roberta, and Yotov, Yoto, On the effects of GATT/WTO membership on trade: They are positive and large after all. Canadian Journal of Economics (Feb 2025).

Lampe, Markus, O’Rourke, Kevin, Reiter, Lorenz, and Yotov, Yoto, The Empire Project: Trade Policy in Interwar Canada. Journal of International Economics (Jan 2025).

Nagengast, Arne J., and Yotov, Yoto, Estimating Gravity in Staggered Difference-in-Differences Settings. American Economic Journal - Applied Economics 17 (Jan 2025).

Felbermayr, Gabriel, Syropoulos, Constantinos A., Yalcin, Erdal, and Yotov, Yoto, On the Heterogeneous Effects of Sanctions on Trade and Welfare: Evidence from the Sanctions on Iran and a New Database (Winner of the Harry Johnson Prize for Best Paper in 2025). Canadian Journal of Economics (Jan 2025).

Larch, Mario, and Yotov, Yoto, The Evolution of Estimates and The Heterogeneity of the Effects of Trade Agreements. Research Center for International Economics (Dec 2024).

Kwon, Ohyun, Syropoulos, Constantinos A., and Yotov, Yoto, The Extraterritorial Effects of Sanctions. European Economic Review 170 (Nov 2024).

Tsankova, Teodora, and Yotov, Yoto, Trade Openness and Educational Choices in Bulgaria. Bulgarian Council for Economic Analysis (Nov 2024).

Larch, Mario, and Yotov, Yoto, Deep Trade Agreements and FDI in Partial and General Equilibrium: A Structural Estimation Framework. World Bank Economic Review (Nov 2024).

LaBelle, J., Santacreu, A.M., Martinez-Zarzoso, I., and Yotov, Yoto, Determinants and impact of cross-border patents: Evidence from a new dataset. Voxeu.org (Oct 2024).

Agnosteva, Delina, Syropoulos, Constantinos A., and Yotov, Yoto, Preferential trade liberalization with endogenous cartel discipline: Implications for trade and welfare. Canadian Journal of Economics 57 (Oct 2024):1109-1136.

Yotov, Yoto, The Evolution of Structural Gravity: The Workhorse Model of Trade. Contemporary Economic Policy (Aug 2024).

Larch, Mario, Luckstead, Jeff, and Yotov, Yoto, Economic Sanctions and Agricultural Trade. American Journal of Agricultural Economics (May 2024).

Beverelli, Cosimo, Keck, Alexander, Larch, Mario, and Yotov, Yoto, Institutions, Trade, and Development: Identifying the Impact of Country-specific Characteristics on International Trade. Oxford Economic Papers (Apr 2024).

Larch, Mario, and Yotov, Yoto, Estimating the Effects of Trade Agreements: Lessons From 60 Years of Methods and Data (Winner of the “Max Corden Prize” for most significant policy evaluation). World Economy (Mar 2024).

Syropoulos, Constantinos A., Felbermayr, Gabriel, Kirilakha, Aleksandra, Yalcin, Erdal, and Yotov, Yoto, The Global Sanctions Data Base - Release 3: COVID-19, Russia, and Multilateral Sanctions. Review of International Economics 32 (Feb 2024):12-48.

Egger, Peter, Syropoulos, Constantinos A., and Yotov, Yoto, Analyzing the Effects of Economic Sanctions: Recent Theory, Data, and Quantification. Review of International Economics 32 (Feb 2024):1-11.

Felbermayr, Gabriel, Larch, Mario, Yalcin, Erdal, and Yotov, Yoto, On the Heterogeneous Trade and Welfare Effects of GATT/WTO Membership. Weltwirtschaftliches Archiv (Review of World Economics) (Jan 2024).

Larch, Mario, Tan, Shawn, and Yotov, Yoto, A simple method to quantify the ex-ante effects of deep trade liberalization and hard trade protection. Journal of Comparative Economics (Dec 2023).

Nenov, P., Nilsen, J., Wolff, Guntram, and Yotov, Yoto, Economic Effects of Bulgaria’s Eurozone Accession. Bulgarian Council for Economic Analysis (Dec 2023).

Syropoulos, Constantinos A., and Yotov, Yoto, Reflections on the Impact of Economic Sanctions. EconPol (Apr 2023).

Anderson, James E., and Yotov, Yoto, European Integration and the Extensive Margins of Trade. Voxeu.org (Mar 2023).

Morgan, Clifton T., Syropoulos, Constantinos, and Yotov, Yoto, Economic Sanctions: Evolution, Consequences, and Challenges. Journal of Economic Perspectives (Feb 2023).

Kwon, Ohyun, Syropoulos, Constantinos A., and Yotov, Yoto, Extraterritorial sanctions: A stick and a carrot. Voxeu.org (Mar 2022).

Larch, Mario, Shikher, Serge, Syropoulos, Constantinos A., and Yotov, Yoto, Quantifying the Impact of Economic Sanctions on International Trade in the Energy and Mining Sectors. Economic Inquiry 60 (Mar 2022):1038-1063.

Larch, Mario, Yalcin, Erdal, and Yotov, Yoto, Valuing the impact of the World Trade Organization. UK department of International Trade (Mar 2022).

Ghosh, Ishan, Larch, Mario, Murtazashvili, Irina, and Yotov, Yoto, Negative Trade Shocks and Gender Inequality: Evidence from the USA. Economica 89 (Year 2022):564-591.

Yotov, Yoto, On the Role of Domestic Trade Flows for Estimating the Gravity Model of Trade (Winner of the CEP Best Paper Award for 2022). Contemporary Economic Policy 40 (Feb 2022):526- 540.

Yotov, Yoto, Gravity at 60: A Celebration of the Workhorse Model of Trade. Voxeu.org (Jan 2022).

Freeman, Rebecca, Larch, Mario, Theodorakopoulos, Angelos, and Yotov, Yoto, Quantifying the full impact of country-specific policies on trade flows. Voxeu.org (Dec 2021).

Egger, Peter, Larch, Mario, and Yotov, Yoto, Gravity Estimations with Interval Data: Revisiting the Impact of Free Trade Agreements. Economica (Oct 2021).

Felbermayr, Gabriel, and Yotov, Yoto, From theory to policy with gravitas: A solution to the mystery of the excess trade balances. European Economic Review (Aug 2021).

Egger, Peter, Larch, Mario, Nigai, Sergei, and Yotov, Yoto, Trade Costs in the Global Economy: Measurement, Aggregation and Decomposition. World Trade Organizations’ WTO Trade Cost Index (Jul 2021).

Felbermayr, Gabriel, Morgan, Cliff, Syropoulos, Constantinos A., and Yotov, Yoto, Understanding Economic Sanctions: Interdisciplinary Perspectives on Theory and Evidence. European Economic Review 135 (Jun 2021).

Laincz, Christopher, Matschke, Xenia, and Yotov, Yoto, Policy and Politics: Trade Adjustment Assistance in the Crossfire. Canadian Journal of Economics (Jun 2021).

Felbermayr, Gabriel, and Yotov, Yoto, A Solution to the Mystery of the Excess Trade Balances. Voxeu.org (May 2021).

Heid, Benedikt, Larch, Mario, and Yotov, Yoto, Estimating the Effects of Non-discriminatory Trade Policies within Structural Gravity Models. Canadian Journal of Economics (Mar 2021).

Borchert, Ingo, Larch, Mario, Shikher, Serge, and Yotov, Yoto, Disaggregated Gravity: Benchmark Estimates and Stylized Facts from a New Database. Review of International Economics (Mar 2021).

Kirilakha, Aleksandra, Felbermayr, Gabriel, Syropoulos, Constantinos A., Yalcin, Erdal, and Yotov, Yoto, The Global Sanctions Data Base: Mapping international sanction policies from 1950-2019. Voxeu.org (Mar 2021).

Anderson, James E., and Yotov, Yoto, Where Was Globalization Hiding? And How Far Might It Go?. Voxeu.org (Nov 2020).

Felbermayr, Gabriel, Kirilakha, Aleksandra, Syropoulos, Constantinos, Yalcin, Erdal, and Yotov, Yoto, The Global Sanctions Data Base. European Economic Review (Oct 2020).

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

Borchert, Ingo, Larch, Mario, Shikher, Serge, and Yotov, Yoto, The International Trade and Production Database for Estimation (ITPD-E). International Economics (Aug 2020).

Braml, Martin, Flach, Lisandra, Gröschl, Jasmin, Larch, Mario, Schneider, Georg, Steininger, Marina, Teti, Feodora, and Yotov, Yoto, Die volkswirtschaftlichen Kosten der Sanktionen in Bezug auf Russland. ifo report (Aug 2020).

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

Felbermayr, Gabriel, Kirilakha, Aleksandra, Syropoulos, Constantinos A., Yalcin, Erdal, and Yotov, Yoto, The Global Sanctions Data Base. Voxeu.org (Jun 2020).

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

Yotov, Yoto, The World Trade Organization at 25: Assessing the Economic Value of the Rules Based Global Trading System. Bertelsmann Stiftung (Dec 2019).

Anderson, James E., Larch, Mario, and Yotov, Yoto, Trade and Investment in the Global economy: A multi-country dynamic analysis. European Economic Review 120 (Nov 2019).

Larch, Mario, Monteiro, Jose Antonio, Piermartini, Roberta, and Yotov, Yoto, Trade effects of WTO: They are real and they are spectacular. Voxeu.org (Oct 2019).

Anderson, James E., Larch, Mario, and Yotov, Yoto, Trade and Investment in the Global Economy. Voxeu.org (Jul 2019).

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

Felbermayr, Gabriel, Braml, Martin, Larch, Mario, Nam, Chang, Steininger, Marina, and Yotov, Yoto, Evaluation of the implementation of the free trade agreement between the EU and its Member States and the Republic of Korea. European Commission’s Policy Reports (May 2018).

Baier, Scott, Yotov, Yoto, and Zylkin, Thomas, One Size Does Not Fit All: On the Heterogeneous Impact of Free Trade Agreements. Voxeu.org (Jun 2017).

Korschun, Daniel, Dimitrova, Boryana V., and Yotov, Yoto, America’s worsening global reputation could put billions in US exports at risk. The Conversation / Salon / International Business Times (May 2017).

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

Larch, Mario, and Yotov, Yoto, On the Impact of TTIP in Southeastern and Eastern Europe: A Quantitative Analysis. Economic Thought (Mar 2017).

Iliev, Dragomir, Stefanov, Galin, and Yotov, Yoto, Estimating Bulgaria’s Trade Borders with the EU: An Application of the Empirical Gravity Model of Trade. Business Management (Nov 2016).

Dimitrova, Boryana, Korschun, Daniel, and Yotov, Yoto, When and How Country Reputation Stimulates Export Volume. International Marketing Review (Sep 2016).

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

Anderson, James E., Borchert, Ingo, Mattoo, Aaditya, and Yotov, Yoto, Shedding Some Light on Dark Matter: Trade Costs in Services. Voxeu.org (Apr 2016).

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

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

Uysal, Pinar, Yotov, Yoto, 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, Trade Adjustment, Political Pressure, and Trade Protection Patterns. Economic Inquiry (Jul 2013).

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: Endogenous Country Size and Asset Accumulation. Canadian Journal of Economics 45 (Feb 2012).

Anderson, James E., and Yotov, Yoto, Good News on Free Trade Agreements. Voxeu.org (May 2011).

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

Yotov, Yoto, Agricultural Policy, Gravity and Welfare. GIC Policy Briefs (Jan 2011).

Anderson, James E., and Yotov, Yoto, The Changing Incidence of Geography. 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).

Mulabdic, Alen, and Yotov, Yoto, “The trade cost of geopolitical risks.” The State of Globalisation, CEPR Books and Reports: CEPR, (2025): .

Larch, Mario, and Yotov, Yoto, “Deep Trade Agreements and Foreign Direct Investment.” Beyond Trade: How deep trade agreements shape non-trade outcomes, Ed. Fernandes, Rocha, and Ruta. CEPR/Vox eBook: CEPR/Vox eBook, (2023): .

Kirilakha, Aleksandra, Felbermayr, Gabriel, Kariem, Heider, Kwon, Ohyun, Syropoulos, Constantinos A., Yalcin, Erdal, and Yotov, Yoto, “The Global Sanctions Data Base: Mapping international sanction policies from 1950-2019.” Consequences of the War Debate, eBook : VoxEU/CEPR eBook , (2022): .

Dai, Mian, Felbermayr, Gabriel, Kirilakha, Aleksandra, Syropoulos, Constantinos A., Yalcin, Erdal, and Yotov, Yoto, “Timing the Impact of Sanctions on Trade.” Research Handbook on Economic Sanctions, Ed. Peter A.G. van Bergeijk. Cheltenham, UK: Edward Elgar, (2022): .

Kirilakha, Aleksandra, Felbermayr, Gabriel, Syropoulos, Constantinos A., Yalcin, Erdal, and Yotov, Yoto, “The Global Sanctions Data Base: An Update that Includes the Years of the Trump Presidency.” Research Handbook on Economic Sanctions, Ed. Peter A.G. van Bergeijk. Cheltenham, UK: Edward Elgar, (2022): .

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): .

Yotov, Yoto, Gravity for Undergrads (Translated in nine languages), CGPA WP Series: CGPA WP, (Dec 2025):