, despite the larger trade elasticities implied by firm heterogeneity. As a consequence, the world-wide trade response, though …

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses …

A model for world crude oil and natural gas markets is estimated. It confirms low price and high income elasticities of …

estimates the effect of copper price shocks on mining, manufacturing, and construction-each embodying a sector type. The … empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the … spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the …