Free trade or preferential trade areas (PTAs) allow importers who belong to the area to export to each other while …

Abstract We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period … in more trade-exposed U.S. commuting zones are present out to 2019. Over the full study period, greater import … and the native-born 25-39 years old, implying that exit from work is a primary means of adjustment to trade …

increase in French exports to the new members. While workers benefitted overall, those competing most directly with imports … exports to a destination break down into more firms selling there and more buyers per exporter. We develop a quantitative … matching frictions in gravity. In the cross section, we find matching frictions as important as iceberg costs in impeding trade …

equilibrium model of international trade. Both the quality and the quantity of a product play a role in its contribution both to … consumption and to production. The framework allows bilateral trade to vary at the extensive and intensive margins and the … intensive margin of trade to vary at the quantity and unit-value margins. We estimate the parameters of the model using …

exports and imports, and the implications of this choice for exchange rate pass-through into prices and quantities. We derive …, small non-importing firms tend to price their exports in euros (producer currency) and exhibit complete exchange-rate pass …-through into destination prices at all horizons. In contrast, large import-intensive firms tend to denominate their exports in …

We provide systematic evidence that intermediaries play an important role in facilitating trade using a firm-level the … census of China's exports. Intermediaries account for around 20% of China's exports in 2005. This implies that many firms … engage in trade without directly exporting products. We modify a heterogeneous firm model so that firms endogenously select …

about firm heterogeneity in trade. First, the bulk of exports and imports are captured by a few multi-product firms that … transact with a large number of countries. Second, the average importer imports more products than the average exporter exports … the growth in Chinese exports between 2003-2005 was driven by deepening and broadening of trade relationships by surviving …

U.S. trade statistics to provide a broad overview of how the margins of trade contribute to variation in U.S. imports … and exports across trading partners, types of trade (i.e., arm's-length versus related-party) and both short and long time …Recent research in international trade emphasizes the importance of firms' extensive margins for understanding overall …