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We set up a trade model where three countries compete for an exogenous number of firms. Our innovation lies in the geography of the model. Of the three countries, one is the hub through which all trade takes place. First, we establish the natural geography of the region, which is given by the...
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In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not...
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affect export upgrading and, if so, whether their effects are complementary or substitutable. Export upgrading entails export … diversification (including overall export diversification, as well as diversification at the intensive and at the extensive margins …) and export quality improvement. The empirical analysis shows that total AfT flows have a strong positive impact on export …
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