the quantity of world trade carried by air to increase over time. Country pairs with relatively short air routes compared …Establishing a robust causal relationship between trade and income has been difficult. Frankel and Romer (1999) use a … geographic instrument to identify a positive effect of trade on income. Rodriguez and Rodrik (2000) show that these results are …

Although many modern studies find large and significant effects of prior colonial status on bilateral trade, there is … very little empirical research that has focused on the contemporaneous impact of empire on trade. We employ a new database … of over 21,000 bilateral trade observations during the Age of High Imperialism, 1870-1913, to quantitatively assess the …

This paper studies empirically the effects of financial crises on international trade. The major findings are that …

merchandise trade and investment. It does so by estimating gravity models of bilateral trade and investment. It finds that recent … explicitly for whether the trade and investment effects are significantly different after PTA formation than before accounts for … investment responds in beachhead' fashion to the trade provisions of PTAs, the trade carried out from those beachheads could …

Gravity-based cross-sectional evidence indicates that currency unions stimulate trade; cross-sectional evidence … indicates that trade stimulates output. This paper estimates the effect that currency union has, via trade, on output per capita …. We use economic and geographic data for over 200 countries to quantify the implications of currency unions for trade and …

Three sources of gains from trade under monopolistic competition are: (i) new import varieties available to consumers …

We analyze a two-country model of trade in both legitimate and counterfeit products. Domestic firms own trademarks and …

of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook … trade model shows that a welfare-enhancing move toward freer flows of ideas should be associated with a reduction in … conventional trade. The large quantitative effect from the flow of ideas is evident in the second half of the 20th century as the …

labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products … history analysis, we find that trade was also a pathway of diffusion. Market access served as an important instrument to … encourage a level playing field. The type of trade mattered as much as the volume. In the European core, states emulated the …