We quantify the effect of container technology on transport costs and trade by estimating the modal choice between … containerization and breakbulk shipping using micro-level trade data. The model is motivated by novel facts that relate container usage … trade increase since its inception: a quantitative exercise suggests that Turkish and U.S. maritime exports would have been …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

increased bilateral trade and foreign direct investment flows and also from enhanced cohesion of negotiating positions in … international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil … the two countries has also significantly increased in recent years. Projections of future trade flows using current growth …

into the global economy through trade and FDI inflows, China is seen as primarily manufacturing-lead growth with India as … different comparative mode. That their bilateral closeness is deepening is evident in a number of areas. On the trade front …, India-China bilateral trade has increased by a factor of 33 between 1995 and 2007, and this growth has occurred at an …

Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium …

What causes U.S. trade with Mexico and Canada to continue growing faster, for up to a decade, relative to countries … with which the U.S. does not have a free trade agreement? Baier and Bergstrand (2007) suggest that tariff phase-out and … tariff cuts negotiated under the Canada-US Free Trade Agreement and the North American Free Trade Agreement (NAFTA) affected …

We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and … to 9% of world’s welfare and to 11% of world’s trade, unevenly distributed among winners and losers. Net exports of FDI …

critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …

The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …