with a counterfactually high price elasticity of demand and trade elasticity. We conclude that successful market entry is …

This paper provides new insight into the firm-level employment impacts of trade cost changes at the industry level in … firm entry rates at the industry-region level complete the picture of total trade-induced net job creation. We implement … the trade cost measure introduced by Chen and Novy (2011) and base it on own estimates of industry specific substitution …

countries and 332 European regions. We find that two countries trade more with each other when they are more socially connected … and when they share social connections with a similar set of other countries. The social connections that determine trade … on trade declines substantially, and the effect of country borders disappears. Our findings suggest that social …

Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting … estimation and quantitative implications of the Melitz (2003) trade model? The benchmark Melitz model with Pareto …. We then study the implications of our findings for quantitative trade theory. Using likelihood methods and the EDD, we …

We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade … channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one …, greater trade openness brings with it a reduction in resources diverted to conflict and thus wasted, as well as the familiar …

We develop a network trade model with country-sector level input-output linkages. It includes (1) domestic and global …) to a final destination, (3) value added rather than gross trade flows. The model is solved analytically and we use the … Brexit due to their network centrality in Europe …