Aiming to explore how the survival of trade flows has evolved over time, we analyze a rich data set of detailed imports … persistent characteristic of trade throughout the extended time period that we study: in general only 40 percent of trade flows … observed explanatory variables – which in turn influence the hazard of trade flows dying in a negative direction – imply that …

duration of trade which has found that international trade is often of strikingly short duration, we aim to establish whether … accepted theoretical explanation for these short trade durations, we seek to provide a thorough empirical description and …. Among our empirical findings are (i) that the duration of trade remains stable across the long time period that we study …

The recent literature on the duration of trade has predominantly analyzed the determinants of trade flow durations … of trade with continuous-time models such as the Cox model, and to propose alternative discrete-time models which are … more suitable for estimation. Briefly, the Cox model has three major drawbacks when applied to large trade data sets. First …

distance’ in international trade. We find significant differences between results obtained with the proposed estimator and …

The Dispute Settlement (DS) system is a central feature of the World Trade Organization (WTO) Agreement. This …

We propose a model of trade agreements in which contracting is costly, and as a consequence the optimal agreement may … be incomplete. Inspite of its simplicity, the model yields rich predictions on the structure of the optimal trade … explicitly into account can help explain a number of key features of real trade agreements. …