-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup … zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high … compile new data on global profit ownership. Our findings reveal that trade has greatly reshaped the global incidence of …

implications of membership in the World Trade Organization (WTO). Em-ploying robust difference-in-difference specifications as well … before trade liberalization commitments result in declining tariff revenues. …

tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was …

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 …. We find that, in this setting, monetary policy is more stabilizing for the economy than trade policy, except when the …

Import regulations are globally the most prevalent form of intervention in international trade. The regulations should … social benefit and producer protection. Inefficiency and distributional effects are consistent with producerprotecting trade …

integrate in world trade. The paper uses a combination of techniques, from an analysis of disaggregated trade flows by country … and sectors, to the calculation of trade intensity indices by country and sector, and value-added trade by sector. It … finds combined evidence of forward and backward trade increasing between several neighbouring Asian economies and China, in …

remaining share of the global trade slowdown, not explained by demand factors. Protectionism does not come up as statistically …Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre …) A debate has arisen as to whether this global trade slowdown, and related falling trade-to-income elasticity, was …

We analyze a two country-two good model of international trade in which citizens in each country differ by their … specific factor endowments. The trade policy in each country is set by the politician who has been elected by the citizens in a …

evidence suggests that wholesalers and retailers play an active role in international trade. We present a model of retailers …