The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the …

This study provides evidence that shocks to the supply of trade finance have a causal effect on U.S. exports. The … a U.S. bank’s share of the trade finance market in a country is, the larger should be the effect on exports to that …’s supply of letters of credit increases export growth, on average, by 1.5 percentage points. The effect is larger for exports …

-informed trade unions are output and welfare increasing. Trade between a country with trade unions (the North) and aunion …-free country (the South) can imply a reduction in work standards in the North. When trade unions are established in the South, the …

maquiladora program was to increase formal employment, we study how the rapid increase in maquiladora activity has affected labor …

In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality … use a 2-country model recently developed by Grossman & Rossi-Hansberg (2010b) that highlights trade in production task … premium as well as on international inequality measured in income per head. We compare these effects in a world where trade is …

in FDI decisions have been provided for goods manufacturing by utilizing physical distance-based measures of trade costs …

variation from an international trade theory perspective. In the model, banking across borders arises from differences in factor …