regional trade agreements involving the US. We exploit the variation in the frequency with which the US has granted immediate … duty free access (IDA) to its Free Trade Area partners across tariff lines. A key finding is that the US has granted IDA … Uruguay Round (multilateral) ‘concessions’ have emulated subsequent (preferential) trade liberalisation. We conclude from this …

capital accumulation and TFP growth reflect convergence along two margins. One margin (between industry) is a massive …

neoclassical growth model. The short-run revenue loss after an income tax cut is partly - or, depending on parameter values, even … completely - offset by growth in the long-run, due to the resulting incentives to further accumulate capital. We study how the … dynamic response of government revenue to a tax cut changes if we allow a Ramsey economy to engage in international trade: the …

This paper proposes a new empirical framework for analyzing specialization dynamics. A country’s pattern of … specialization is viewed as a distribution across sectors, and statistical techniques for analyzing the evolution of this entire … find substantial mobility in patterns of specialization. Over time horizons of 5 years, this is largely explained by forces …

relevance for the assessment of trade policies. Estimation of models for the number of exporting sectors, however, poses a …

This paper examines the role of international trade in the reallocation of U.S. manufacturing activity within and … across industries from 1977 to 1997. It introduces a new measure of industry exposure to international trade, motivated by … that plant survival as well as output and employment growth are negatively associated with the share of industry imports …