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Bernard, Andrew B.; Jensen, J Bradford; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2009

Recent research in international trade emphasizes the importance of firms' extensive margins for understanding overall patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed U.S. trade statistics to provide a broad overview...

Persistent link: https://www.econbiz.de/10005124157

Wholesalers and Retailers in US Trade (Long Version)

Bernard, Andrew B.; Jensen, J Bradford; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2010

International trade models typically assume that producers in one country trade directly with final consumers in another. In the real world, of course, trade can involve long chains of potentially independent actors who move goods through wholesale and retail distribution networks. These...

Persistent link: https://www.econbiz.de/10008530369

Factor Price Equalization in the UK?

Bernard, Andrew B.; Redding, Stephen J.; Schott, Peter K.; … - C.E.P.R. Discussion Papers - 2002

This Paper develops a general test of factor price equalization that is robust to unobserved regional productivity differences, unobserved region-industry factor quality differences and variation in production technology across industries. We test relative factor price equalization across...

Persistent link: https://www.econbiz.de/10005123669

Geography and Export Performance: External Market Access and Internal Supply Capacity

Redding, Stephen J.; Venables, Anthony J - C.E.P.R. Discussion Papers - 2003

This Paper investigates the determinants of countries’ export performance looking in particular at the role of … decomposition, we move on to an econometric analysis of the determinants of export performance. Results include the finding that … to explaining Sub-Saharan Africa’s poor export performance. …

Persistent link: https://www.econbiz.de/10005067391

Economic Geography and International Inequality

Redding, Stephen J.; Venables, Anthony J - C.E.P.R. Discussion Papers - 2000

This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained by the geography of access to markets and to sources...

Persistent link: https://www.econbiz.de/10005504220

The Dynamics of International Specialization

Redding, Stephen J. - C.E.P.R. Discussion Papers - 1999

The theoretical literature on trade and growth suggests that comparative advantage is endogenous and evolves over time. However, most of the empirical analysis of international trade flows is essentially static in nature. This paper proposes an empirical model of the dynamics of international...

Persistent link: https://www.econbiz.de/10005504676

External Integration, Structural Transformation and Economic Development: Evidence from Argentina 1870-1914

Fajgelbaum, Pablo; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2014

This paper uses the natural experiment of Argentina's integration into world markets in the late-nineteenth century to provide evidence on the role of internal geography in shaping the effects of external integration. We develop a quantitative model of the distribution of economic activity...

Persistent link: https://www.econbiz.de/10011083840

Heterogeneous Firms and Trade

Melitz, Marc J; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2013

This paper reviews the new approach to international trade based on firm heterogeneity in differentiated product markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity of exporters relative to non-exporters, within-industry...

Persistent link: https://www.econbiz.de/10011084049

History and Industry Location: Evidence from German Airports

Redding, Stephen J.; Sturm, Daniel M; Wolf, Nikolaus - C.E.P.R. Discussion Papers - 2007

A central prediction of a large class of theoretical models is that industry location is not necessarily uniquely determined by fundamentals. In these models, historical accident or expectations determine which of several steady-state locations is selected. Despite the theoretical prominence of...

Persistent link: https://www.econbiz.de/10005792403

Relative Wage Variation and Industry Location

Bernard, Andrew B.; Redding, Stephen J.; Schott, Peter K.; … - C.E.P.R. Discussion Papers - 2004

Relative wages vary considerably across regions of the United Kingdom, with skill-abundant regions exhibiting lower skill premia than skill-scarce regions. This Paper shows that the location of economic activity is correlated with the variation in relative wages. UK regions with low skill premia...

Persistent link: https://www.econbiz.de/10005792410