– horizontal versus vertical – within the European Union and the relevance of trade integration as a potential determinant of … investment flows over the period 1995-2009. We capture trade integration by estimating the magnitude and evolution of the home … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …

Many studies have found that international borders represent large barriers to trade. But how do international borders … consider a unique data set of exports from individual U.S. states to foreign countries and combine it with trade flows within … and between U.S. states. After controlling for distance and country size, we find that relative to state-to-state trade …

significantly deviates from the evolution of world GDP. Finally, using exogenous variation in trade-related distances to world …. Empirically, we collect a large dataset on aggregate and bilateral trade flows as well as output for 51 countries. We find that … market potential exhibits an upward trend across all regions of the world from the early 1930s and that this trend …

In a seminal paper, Rose (2004) found that the assumed positive impact of the WTO on international trade was … and separating the WTO from other forms of trade agreements. A key characteristic of this literature is the rather … simplistic way in which trade agreements are treated whereby all trade agreements are lumped together. Trade agreements come …

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 …

to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …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 …

on border effects in domestic and international trade. Our theory shows that larger countries are systematically … effects. We test our theory on domestic and international trade flows at the level of U.S. states. Our results confirm the …Trade data are typically reported at the level of regions or countries and are therefore aggregates across space. In …

Helpman, Melitz and Rubinstein (2008) derive gravity equations to estimate effects of trade barriers on the intensive … and extensive margins of trade. They exploit the frequency of zeros in aggregate bilateral trade data to identify effects … extensive margin when data contain only positive trade flows. We also control for the pervasive presence of heteroscedasticity …

derive a theoretical gravity equation for the CO2 content of trade, which accounts for intermediate inputs, both domestic and … imported. The structure of our new panel database of the carbon content of sectoral bilateral trade flows allows controlling …

. I also explore trade policy implications and compare offshoring to migration …