linkages, trade in intermediate goods and sectoral heterogeneity in production. We use our model to quantify the welfare effect …

Entrepôts are hubs that facilitate trade between various origins and destinations. We study the role these hubs, and … the networks they form, play in international trade. Using novel data, we trace the paths of containerized goods entering … the United States. We show that the majority of trade is indirect and sent through a small number of entrepôts, resulting …

Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has … featured prominently in the policy debate over Brexit. We first review the facts, noting the overwhelming evidence that trade … general-equilibrium system. Next, we point out some anomalies with the theory: mounting evidence against constant trade …

Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre …) A debate has arisen as to whether this global trade slowdown, and related falling trade-to-income elasticity, was … the prominent role of aggregate demand, notably when weighted by its trade component. Our paper goes in this latter …

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 …

international trade data, we explore how alternative linkages relate to the take-off and acceleration of export industries …

This paper introduces a framework to study the impact of trade liberalization on wage inequality and welfare in the … trade …

What precisely were the causes and consequences of the trade wars in the 1930s? Were there perhaps deeper forces at … work in reorienting global trade prior to the outbreak of World War II? And what lessons may this particular historical … from 1920 to 1939 related to the formation of trade blocs (in particular, the British Commonwealth) and short …