consumers has inspired the development of a new brand of tradetheory, the theory of heterogeneous firms and trade. The … bring out key lessons of this recentresearch. We address the gains from trade, country asymmetries involving … technologypotentials, market sizes, trade openness and various business conditions as well as theinternational repercussions that emerge …

unit. Weimplement panel data econometric techniques to characterize bilateral trade flows betweenheterogeneous economies... …

explores the links between countries' business conditions and international trade embedment and the default risk at the country … derive sharp predictions concerning how key factors which shape a country's business and trade environment impact on the …

competing nation abandons free trade and also engages in unilateral outsourcing policies. Finally, we extend the basic model to …

We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into … advantage in trade. Countries tend to over-invest due to this strategic motive. There are thus welfare gains from coordinating …

This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our … analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which …, symmetric trade liberalization is immiserizing for a trading partner whose business conditions are inferior. Third, there are …

consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The … framework to bring out key lessons of this recent research. We address the gains from trade, country asymmetries involving … technology potentials, market sizes, trade openness and various business conditions as well as the international repercussions …

This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from …. Our estimation results indicate a positive and significant impact of EA on trade flows. However, there is an asymmetric … impact of the agreement variable on the trade balance, exports and imports being affected in different ways, which results in …

While there is a large literature analyzing the distributional impacts of trade reforms across the income or skill … distribution, very little is known about the gender effects of trade reforms. This paper seeks to fill this gap and investigates … the impact of Brazil's 1987-1994 trade liberalization on labor force participation of women. To identify the causal effect …