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In the mid-2000s, the production of hearing aids shifted almost entirely to 3D printing. Using difference-in-differences and synthetic control methods, this paper examines the effects of this shift on trade flows. The analysis finds that trade increased roughly 60 percent following the...
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Most manufacturing activities use inputs from the financial and business services sectors. But these services sectors also compete for resources with manufacturing activities, provoking concerns about de-industrialization-financial services in industrial countries like the United States and the...
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This paper studies the effects of a large reduction in transport costs on agricultural development in a developing country, with a focus on the interactions among the comparative advantage and transport costs of a location, and the transport intensity and value of a commodity. The paper extends...
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