international product market linkages. We begin with a novel decomposition of the growth in countries' exports into the contribution …

nonhomogeneous but nonmonotonic as well. We use the model as a basis for estimating Japanese and U.S. exports and DFI positions … around the world. Consistent with the theory we find that the importance of DFI relative to exports grows with population …, although, contrary to our theory, the elasticity of DFI, as well as exports, with respect to population is less than one. We …

We study the instability of hyper-specialization of exports. We have two main findings. (1) Specializations are … emphasis on the nations where the exports originate. The high share of idiosyncratic variance (residual at the source …

fairly fast' Latin America growth during so much of the belle ‚poque. While booming relative prices of exports certainly …

its success in manufacturing exports, natural resource imports and RMB internationalization. Using micro-level project …