From 1997-2006, U.S. state governors led more than ve hundred trade missions to foreign countries. Trade missions are potentially a form of public investment in export promotion. I create a theory of public investment by introducing government to a Melitz (2003)-Chaney (2008) trade model....

The pattern of U.S. state exports to foreign destination--which states export which goods to which destinations|has not been studied in detail despite the high profile of exports in the public consciousness. Currently there is not a clear description of facts characterizing exports for all...

After prolonged recessions, the Japanese economy finally recovered in the first half of the 2000s, and recorded sustained growth until summer 2007. The purpose of this paper is to examine, from both macro and micro perspectives, the role of international trade with China in the recovery of...