and new analytical frameworks aimed at properly identifying production linkages between and within economies. However …, several important questions remain unaddressed. This paper proposes a new toolkit for value-added accounting of trade flows at …-including an assessment of the share of trade related to GVCs. The paper shows how different empirical issues require distinct …

This paper studies the trade effects of Covid-19 using monthly disaggregated trade data for 28 countries and multiple … show that the negative trade effects induced by Covid-19 shocks varied widely across sectors. Sectors more amenable to …

This paper provides up-to-date characterization of the association between trade and GDP comovement - also called the … trade comovement slope- for 150 countries from 1962 to 2011. The paper shows that trade is significantly linked to more GDP … correlation, either directly through bilateral trade, or indirectly when two countries trade with similar partners. This trade …

findings suggest a mean-variance trade-off in product quality improvements along the development path. Increases in financial …This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade … financial depth are systematically characterized by higher mean and higher variance in the growth of product quality. The …

Directive and forthcoming General Data Protection Regulation; international negotiation of trade disciplines, most recently in … flows are costly and can hurt exports, especially of data-processing and other data-based services; international trade … privacy regulation. The way forward is to design trade rules (as the CPTPP seeks to do) that reflect the bargain central to …

quantify the impact of the depth of trade agreements on bilateral cross-border production linkages. The results show that …Preferential trade agreements have become deeper over time, often encompassing policy areas that go beyond traditional … trade policy, such as investment, competition, and intellectual property rights protection. In the literature, a prominent …