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Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen; … - Centre for Economic Performance, LSE - 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/10005510410

Factor Price Equalization in the UK?

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K.; … - Centre for Economic Performance, LSE - 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/10005017180

Intermediaries in International Trade: Direct Versus Indirect Modes of Export

Bernard, Andrew B.; Grazzi, Marco; Tomasi, Chiara - Centre for Economic Performance, LSE - 2012

volumes. Export intermediaries such as wholesalers serve different markets and export different products than manufacturing … environment and product- specific factors play important roles in explaining the existence of export intermediaries. These … export intermediaries to overcome country and product fixed costs means that they can more easily respond along the extensive …

Persistent link: https://www.econbiz.de/10010535359

The Empirics of Firm Heterogeneity and International Trade

Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen J. - Centre for Economic Performance, LSE - 2011

multi-product firms, offshoring, intra-firm trade and firm export market dynamics. …

Persistent link: https://www.econbiz.de/10009352260

Survival of the Best Fit: Exposure to Low-Wage Countries and the (Uneven) Growth of U.S. Manufacturing Plants

Bernard, Andrew B.; Jensen, J. Bradford; Schott, Peter K. - Centre for Economic Performance, LSE - 2003

This paper examines the role of international trade in the reallocation of U.S. manufacturing activity within and across industries from 1977 to 1997. It introduces a new measure of industry exposure to international trade, motivated by the Heckscher-Ohlin model, which focuses on where imports...

Persistent link: https://www.econbiz.de/10005796125

Relative Wage Variation and Industry Location

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K.; … - Centre for Economic Performance, LSE - 2004

Relative wages vary considerably across regions of the United Kingdom, with skill-abundantregions exhibiting lower skill premia than skill-scarce regions. This paper shows that thelocation of economic activity is correlated with the variation in relative wages. U.K. regionswith low skill premia...

Persistent link: https://www.econbiz.de/10005796141

Wholesalers and Retailers in U.S. Trade (Long Version)

Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen; … - Centre for Economic Performance, LSE - 2010

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

Persistent link: https://www.econbiz.de/10008542761

Firms in International Trade

Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen; … - Centre for Economic Performance, LSE - 2007

Despite the fact that importing and exporting are extremely rare firm activities, economists generally devote little attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and non-trading firms, demonstrates how these differences...

Persistent link: https://www.econbiz.de/10005510456