This paper uses data from more than 100 developing economies to provide information on firms engaging in international trade in either manufacturing or services, focusing on the Middle East and North Africa. We show, among other things, that firms in this region are more likely to export,...

"Recent developments in trade theory, especially research on multi-product firms, have not been matched by similar progress on the empirical front. This paper aims to fill this gap by presenting a novel set of stylized facts on firm-product dynamics observed during an export boom. This exercise...

In the absence of financial frictions, the purpose of thin capitalization rules is to limit multinational firms’ possibilities of engaging in tax planning via debt shifting. This paper analyzes the effects of thin capitalization rules in the case where firms have limited access to external...