intermediaries. I investigate the magnitude of these effects in New York City's trade-waste market, where buyers can either search by …

produced in the two regions (adjusted by the trade elasticity). Using this approach, we provide sufficient conditions for … parameters: the trade elasticity, which regulates the strength of the dispersion force associated with the decline in the terms … of trade caused by migration into a region; trade costs, which weaken this dispersion force by limiting trade across …

of this paper offers a unified treatment of theory and empirical testing …

surface with (nearly) any geography. Combining the gravity structure of trade with labor mobility, we provide conditions for … estimate the topography of trade costs, productivities, amenities and the strength of spillovers in the United States. We find …

The theory of international trade has paid scant attention to market institutions. Neither neoclassical theory nor new … have developed a stylized but explicit model of intermediation in trade. In this short paper, we present a variant of this … trade models typically specify the process by which supply and demand meet. Yet in the real world, intermediaries play a …

This paper examines the factors that give rise to intermediaries in exporting and explores the implications for trade … underlying differences between direct and intermediary exporters have important consequences for trade flows. The ability of …