Recent research in international trade emphasizes the importance of firms’ extensive margins for understanding overall … and exports across trading partners, types of trade (i.e. arm's-length versus related-party) and both short and long time … patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed …

Recent research in international trade emphasizes the importance of firms extensive margins for understanding overall … and exports across trading partners, types of trade (i.e., arm's-length versus related-party) and both short and long time … patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed …

attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and … "heterogeneous-firm" models of international trade address these challenges. We then make use of transaction-level U.S. trade data to … non-trading firms, demonstrates how these differences present a challenge to standard trade models and shows how recent …