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 …

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 …

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 …

The availability and composition of labor is fundamental for the structure of international trade. This points towards … the importance of demographic transitions that affect trade through, for example, changing capital-labor ratios … link long-run changes of the demographic dividend to changes in the level of world trade for the 21st century. All the …

What has been the overall global welfare impact of the accession to the World Trade Organization of a large country … simple user-friendly formula to calculate the global welfare impact of the simultaneous trade liberalization of a number of … countries? How sensitive is the answer to the assumption of the trade model? We find a striking answer to these questions. We …

Trade facilitation policy focuses on accelerated and transparent shipment processing to reduce trade costs. A common … economically relevant to determine import processing costs, predict who would benefits from trade facilitation, and interpret …

What has driven trade booms and trade busts in the past and present? We derive a micro-founded measure of trade … frictions from leading trade theories and use it to gauge the importance of bilateral trade costs in determining international … trade flows. We construct a new balanced sample of bilateral trade flows for 130 country pairs across the Americas, Asia …

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 …

Quantitative results from a large class of international trade models depend critically on the elasticity of trade with … respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate … price and trade-flow data using the Ricardian model. We motivate our estimator by proving that the estimator developed 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 …