I outline the effect of business networks on trade, FDI and welfare in a two-country, two-firm duopoly. The network …. Unlike traditional trade costs, this cost cannot be avoided by investing in Home. My main addition is a Nash game between … countries' (in particular Japan's) international trade and investment relations. -- Foreign Direct Investment ; Network Effects …

The key result of the so-called "New Trade Theory" is that countries gain from falling trade costs by an increase in … second result is a major issue for anti-trade activists who criticize the move towards free trade as promoting … trade costs induces additional varieties to export and drives out some non-exported varieties, these modifications result in …

Since firm heterogeneity has been introduced into international trade models, the importance of firm entry and exit … elasticity of substitution has on the elasticity of trade flows. Further, Chaney shows that the elasticity of trade flows with … respect to variable trade costs is a constant. As is common, iceberg transport costs are used as the variable trade barrier …

Since firm heterogeneity has been introduced into international trade models, the importance of firm entry and exit … elasticity of substitution has on the elasticity of trade flows. Furthermore, Cole (forthcoming) points out that ad valorem … that the elasticity of trade flows with respect to tariffs is more elastic than that of iceberg transport costs. Thus …

small. This has been replaced by an agreement abolishing this practice. However, the presence of other trade barriers, such …

We present a factor-proportions trade model in which heterogeneous firms can offshore intermediate inputs subject to …- proportions trade theory, Heckscher-Ohlin forces operate at the within-industry level, leading to endogenous variation in skill …

The conventional immigration and trade literature regards immigrants as mediators for informal barriers such as … investigates the ways in which international student migration relates to trade. Unlike other immigrants, international students … countries and 172 origin countries between 2000 and 2018, I employ a gravity-type trade model to examine this relationship. I …

As is well established, one prediction of the heterogenous firms literature spearheaded by Melitz (2003) is that trade …

Trade-weighted coverage ratios are commonly used when estimating the effect of non-tariff measures on trade flows and … policies are the same. While trade shares can depend on several factors, we link them to income distribution when preferences … the variation in coverage ratios are linked to income inequality, but that the relationship is consistent with NTMs …