trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained …

education and economic development. Firms in remote locations pay greater trade costs on both exports and intermediate imports … trade costs, more pervasive input–output linkages or stronger increasing returns to scale, we show theoretically that …

This paper reviews the new approach to international trade based on firm heterogeneity in differentiated product … markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … of exporters relative to non-exporters, within-industry reallocations of resources following trade liberalization, and …

education, and economic development. Firms in remote locations pay greater trade costs on both exports and intermediate imports … trade costs, more pervasive input-output linkages, or stronger increasing returns to scale, we show theoretically that …

attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and … non-trading firms, demonstrates how these differences present a challenge to standard trade models and shows how recent … “heterogeneous-firm” models of international trade address these challenges. We then make use of transaction-level U.S. trade data to …

A variety of empirical and theoretical trade papers have suggested and documented a positive impact of trade on the … productivity of firms. However, there is less consensus about the underlying mechanism at work. While trade papers focus on access … competition from abroad. The latter finding is at odds with most trade models, so I propose a model incorporating non …