and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal …

prioritize human capital accumulation and reduce barriers to trade. Other policy areas include improving quality of institutions … and developing the financial sector. For commodity exporters reducing barriers to trade is the most important driver of …

Over the last two decades, world trade and production have become increasingly organized around global value chains … evolution over time in order to contribute to this topic. We find that GVC-related trade, rather than conventional trade, has a … the standard gravity literature for GVC trade; highlighting the key role of institutional features such as contract …

general equilibrium (CGE) trade model calibrated to 165 countries. The first scenario estimates effects from potential U … to capture dynamic effects, such as those stemming from trade policy uncertainty. More generally, our results both …

disentangle effects from various channels that interact at the same time, such as flows of tourists, trade of goods, and changes …

This paper proposes an easy-to-follow approach to track merchandise trade using vessel data and applies it to Pacific … island countries. Pacific islands rely heavily on imports and maritime transport for trade. They are also highly vulnerable … data from the UN Global Platform, we construct daily indicators of port and trade activity for Pacific island countries …

gains from trade. Those gains are realized through exchange rate adjustments that cause a temporary reallocation of … containment policies that aim at optimizing global welfare further enhances the ability of countries to exploit trade …

, bilateral economic interactions like trade, FDI and portfolio investment, positively correlate with lending. Chinese banks …' lending to EMDEs also strongly correlates with trade, but not with FDI and, unlike other banks, it correlates negatively with …

This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … conditions and policies that help spread the gains from trade more evenly throughout the population. We exploit a large global … employment prospects in response to trade shocks. Finally, we find that firms experiencing greater import competition start with …

. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …