We use 6-digit bilateral trade data to document the effect of WTO/GATT membership on the extensive and intensive … product margins of trade. We construct gravity equations for the two product margins motivated by Chaney (2008). The empirical … results show that standard gravity variables provide good explanatory power for bilateral trade on both margins. Importantly …

Many trade models of monopolistic competition identify cost efficiency as the main determinant of firm performance in …

were also relevant for other trade shocks, such as exchange rates and specific tariffs. …

standard trade models cannot account for. …

talent as the new stakeholder in the firm. This paper examines the role of trade integration in the changing nature of the … corporation. International trade leads to a ‘war for talent’ which makes it more likely that an organizational equilibrium emerges … capital. Furthermore, trade integration is shown to lead to waves of decentralization and to convergence in corporate cultures …

This paper estimates a heterogeneous firms trade model using sector level data on export participation, trade flows … accounts for nearly half of variation in bilateral trade. …

substantially lower post-NAFTA trade barriers and a coincident increase in US demand for light trucks. In contrast to the typical …