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multinationals? operations. We use firm-level data on the trade and sales of US multinationals to confirm the model?s predictions …
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The Bagwell and Staiger (1990) theory of cooperative trade agreements predicts new tariffs (i) increase with imports …
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trade. We find that when our model is parameterized to match salient features of the data on international trade and market … international trade costs and various features of market structure. (JEL F12, F14, F31) …
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We evaluate two alternative models of international trade in differentiated products. An increasing returns model where …
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