Ganapati, Sharat; Wong, Woan Foong; Ziv, Oren - National Bureau of Economic Research - 2021
Entrepôts are hubs that facilitate trade between multiple origins and destinations. We study these entrepôts, the network they form, and their impact on international trade. We document that the trade network is a hub-and-spoke system, where 80% of trade is shipped indirectly--nearly all via...