explanation within a static Krugman (1980)-style model of international trade featuring differentiated tradable goods. Extended …

Production sharing and vertical specialization account for a significant share of trade between developed and …

Dynamic panel estimates show the negative relation between trade openness and inflation found by Romer (1993) but …

of their capital goods. We argue that international trade in capital goods has quantitatively important effects on … Ricardian model of trade into a neoclassical growth model. Barriers to trade result in a misallocation of factors both within … and across countries. We calibrate the model to bilateral trade flows, prices, and income per worker. Our model matches …

export prices denominated in the currency of the exporting country in response to a one percent change in the exchange rate …

Merchanting is goods trade that does not cross the border of the firm's resident country. Merchanting grew strongly in …