Several studies have investigated whether the terrorist attacks of September 11, 2001, have had an ongoing or merely transitory effect on US trade in tourism. All conclude in favor of the latter. However, limitations in either the data and/or methodology employed by these studies give cause to...

Of the hundreds of empirical studies examining the determinants of aggregate export volumes, almost all are based on a theoretical model that assumes that firms are operating in an identical environment. The very few studies that attempt to relax this assumption are all subject to their...