We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …

There are often conflicts between proponents of trade and environmental activists. This paper shows, however, how trade … agreements can be designed so as to motivate environmental conservation. I first analyze a standard trade model, where resource … exploitation (e.g., deforestation) is a trade-specific investment that causes environmental damage. In this model, traditional …

-parametric sufficient statistics for arbitrage gains from trade and terms of trade, and a non-parametric elasticity of terms of trade with … respect to supply. For world manufacturing trade 2000-2014, China's gains rose 2%yearly and terms of trade fell 8.3%. US gains … fell 2% yearly and terms of trade rose 5.5%. Counterfactual industrial policy that raises US 2014 world sales share by 1 …

for time-interval-varying depreciation-cum-adjustment. A time-varying trade elasticity in the structural gravity model is … implied. Our methods explain the 'international elasticity puzzle,' the discrepancy between trade elasticity estimates from … the trade literature and the international real business cycle literature. The same theory-motivated estimating equation …

Governments use their countries' economic strength from existing financial and trade relationships to achieve …

A prominent explanation for why trade is not free is politicians' desire to protect some of their constituents at the … method implies that redistributive trade protection accounts for a significant fraction of US tariff variation and causes …

The primary motivation behind quantitative modeling in international trade and many other fields is to shed light on … illustration of how to use our IV-based goodness-of-fit measure in practice, we revisit the welfare consequences of Trump's trade …

-available trade data and the values of trade and migration elasticities. They have an intuitive interpretation in terms of underlying …

We generalize the closed-economy neoclassical growth model (CNGM) to allow for costly goods trade and capital flows … key features of the observed data (e.g., gravity equations for trade and capital holdings) and is well suited for …