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Not surprisingly, big countries trade more than small countries. In this paper we use data on shipments by 110 exporters to 59 importers in 5,000 product categories to ask: how? Do big countries trade larger quantities of a common set of goods (the intensive margin), a larger set of goods (the...
Persistent link: https://www.econbiz.de/10012470003
support for the "Linder hypothesis", the conjectured corollary to the first theory relating product quality and the direction …
Persistent link: https://www.econbiz.de/10012467812
We develop a framework for studying trade in vertically and horizontally differentiated products. In our model, consumers with heterogeneous incomes and tastes purchase a homogeneous good as well as making a discrete choice of quality and variety of a differentiated product. The distribution of...
Persistent link: https://www.econbiz.de/10012463321
frictions in production and distribution of a many country world. The starting point is the international incidence of … reduce sectoral skill premia. Bigger sellers' incidence by country (sector) reduces equilibrium shares of world (national …
Persistent link: https://www.econbiz.de/10012464007
illustrate these claims. In line with new trade theory, the effect of trade on productivity was mediated by sector-level firm …
Persistent link: https://www.econbiz.de/10012457815
Roughly one-third of world trade is intrafirm trade. This paper starts by unveiling two systematic patterns in the …
Persistent link: https://www.econbiz.de/10012468958
from 1970 to 2009. For the world, the ratio of value added to gross trade falls by ten to fifteen percentage points, with …
Persistent link: https://www.econbiz.de/10012460474
We model demand for quality differentiated goods to derive a relationship between trade costs and the quality composition of trade. Detailed data on traded goods' prices, quantities and shipping costs for many importers and exporters are used to test these predictions. These data provide a...
Persistent link: https://www.econbiz.de/10012469690
During the last two decades, new research has greatly advanced our understanding of the structure of world trade. This …
Persistent link: https://www.econbiz.de/10012472061
We examine the sales of French manufacturing firms in 113 destinations, including France itself. Several regularities stand out: (1) the number of French firms selling to a market, relative to French market share, increases systematically with market size; (2) sales distributions are very similar...
Persistent link: https://www.econbiz.de/10012464037