We identify the role of industrial composition on the elasticity of aggregate export volume with respect to the exchange rate. In an annual panel covering the time from 1972 to 2000, 865 sectors, and bilateral trade flows between 24 OECD economies, we estimate sectoral elasticities of export...

This paper explores the two competing hypotheses of self-selection and learning by exporting across different Italian manufacturing firms.Using matched sampling techniques that control for selection bias,we estimate whether new export-oriented firms aremore efficient compared to domestic firms...

In this paper I look at the size of Switzerland's gains from trade through the lens of the workhorse model of modern trade theory. The model finds that most of Switzerland's gains from trade originate from the EU and that realistic changes in the degree of trade integration with EU countries may...

This paper quantifies the impact of trade tensions between the United States and China. Using a general equilibrium Ricardian trade model, it provides a Swiss-centric analysis of two tariff escalation shocks. Counterfactual analysis shows that welfare and trade effects are broadly negative for...