markups over time. With minimal assumptions, we can disentangle aggregate markup and trade cost changes from observed changes … that across all country pairs, on average, bilateral aggregate markups have increased by 2.8% per year. As bilateral trade … changes. Markups have increased less in high-income countries than in other countries. …

We investigate theoretically and empirically how exporters adjust their markups across destinations depending on … unit, our model predicts that markups rise with distance and fall with tariffs, but these effects are heterogeneous and are …

sellers charge markups over production costs and financial intermediation is costly, then buyer-seller pairs can save on their … overall financing costs by utilizing trade credit. We derive a model of trade credit and markups that captures this mechanism … this effect is stronger for complex products. Using Chilean data at the firm-level to estimate markups and at the trade …

through ; China ; inflation ; markups …

class of homothetic preferences - that generate variable markups, display a simple behavior of their elasticity of … substitution, and nest the ces as a limiting case - we show that trade liberalization: (i) reduces domestic markups and increases … imported markups in the traded sector; (ii) increases markups in the non-traded sector; and (iii) increases firm sizes in both …