International trade patterns at the product level are surprisingly dynamic. The majority of trade relationships exist … characteristics, product type and market structure. Specifically, I show that the duration of exporting a product to Germany is longer … market and are characterized by two-way trade …

across three continents, allowing for unobserved taste and cost variation at the car model and market levels. While trade and … foreign production costs as well as taste heterogeneity matter for market outcomes, we find that preference for domestic …In the automobile industry, as in many tradable goods markets, firms earn their highest market share within their …

With the availability of international value added trade data it has become evident that gross export data and value … added data do not provide the same information. Although gross exports crosses national borders and is the target of trade … policy, value added data tell us what fragment in the production chain is internationally competitive in a particular country …

Using annual data for the period 1992-2012, this paper examines trade flows between China and its main trade partners … in Asia, North America and Europe, and whether increasing trade has led to industrial structural adjustment and changes … in China's trade patterns. The analysis is based on both economic indicators and the estimation of a gravity model, and …

The debate on trade wars and currency wars has re-emerged since the Great recession of 2009. We study the two forms of … non-cooperative policies within a single framework. First, we compare the elasticity of trade flows to import tariffs and … to the real exchange rate, based on product level data for 110 countries over the 1989-2013 period. We find that a 1 …

This paper identifies a “border” effect in the absence of a border. The finding that trade between East- and West …-Japan is 23.1 to 51.3 percent lower than trade within both country parts, is established despite the absence of an obvious east …-lasting historical shocks, are identified as an explanation for the east-west bias in intra-Japanese trade …

For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization … affects manufacturing trade over the period 1986-2006 and show that, on average, the effect of distance has fallen whereas the … effects of proximity and regional trade agreements have increased over time. We also document substantial cross …

examine the evidence for cross-border price spillovers among economies participating in the pan-Asian cross-border production … closely together between those Asian economies that trade more with one another, ie that share a higher degree of trade …

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 …

between wages and profits, and for production and trade patterns in a two-country world … normative aspects of international trade. Assuming “continuum-Pollak” preferences, the model allows for consistent aggregation … continuum-quadratic preferences, I explore the model's implications for the gains from trade, for the distribution of income …