supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …

Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This …

Paper compares the integration of rice markets in China today and 270 years ago. In the 18th century, transport technology …How much of China’s recent economic performance can be attributed to market-oriented reforms introduced in the last two … pattern of interregional income in China is strongly linked to persistent geographic factors that were already apparent …

-specific quotas following China’s entry into the World Trade Organization. Chinese import competition had two effects: first, it led …

We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO … normal trade relationship status and thus ending the annual threat to revert to Smoot-Hawley tariff levels. We construct a …

regional trade agreements involving the US. We exploit the variation in the frequency with which the US has granted immediate … duty free access (IDA) to its Free Trade Area partners across tariff lines. A key finding is that the US has granted IDA … Uruguay Round (multilateral) ‘concessions’ have emulated subsequent (preferential) trade liberalisation. We conclude from this …

economic activity, especially international trade. Yet nothing is known empirically about these effects in large samples. We … study the effects of war on bilateral trade for almost all countries with available data extending back to 1870. Using the … gravity model, we estimate the contemporaneous and lagged effects of wars on the trade of belligerent nations and neutrals …

declining trade barriers, falling transport costs and overseas ‘discovery’ explains the boom. In contrast, this Paper reports …This Paper documents the size and timing of the world intercontinental trade boom following the great voyages in the … 1490s of Columbus, da Gama and their followers. Indeed, a trade boom followed over the next three centuries. But what was …

There are two contrasting views of pre-19th century trade and globalization. First there are the world history scholars …

We provide a novel set of stylized facts on firms engaging in international trade in services, using unique data on … only a fraction of UK firms engage in international trade in services, that trade participation varies widely across … these facts in the light of existing theories of international trade in services and goods. Our results demonstrate that …