The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network … assessment of theoretical models that aim to identify the determinants of firm-to-firm networks in international trade. …

Over the last 20 years the trade literature repeatedly documented the trade-reducing effects of inter- and intra … underlying political borders. However, when observed border effects are not caused by political trade barriers, why should their … "border effect" in the absence of a border. Thereby, the finding that trade between East- and West-Japan is 23.1% - 51 …

trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity … multilateral resistance terms with which to capture the comparative static effects of changes in trade costs. For isolated … bilateral changes in trade frictions, multilateral resistance effects are small for most countries. However, if all countries …

In this paper, we estimate a gravity equation properly accounting for omitted exporter and importer's overall trade … multilateral trade resistance terms in the estimation of a gravity equation introduces important biases in the results, although … done. An application to the calculation of trade potentials in the Euromed region (Southern and Eastern Mediterranean …

This paper finds that firms' trade credit, the financing provided by upstream input suppliers along the supply chain … and Central Asian countries between 2001 and 2007, we employ international trade cost shocks to identify the causal … impacts of trade credit on firms' exportation. We find that when trade costs decline, firms with less trade credit increase …

theoretical perspective, the correlation could be either zero, as assumed by standard international trade models, or negative if …

, interconnections among countries can no longer be adequately assessed through standard bilateral gross trade flows and new methods of … analysis are needed. In this paper, we compute measures of network analysis and apply visualisation tools to value added trade … (value added flows). The analysis is extended beyond total trade flows to discuss the distinct roles of goods and services in …

The study aims to analyze the border effects on intra-African trade through the use of a gravity specification based on … the monopolistic competition model of trade introduced by Krugman (1980). The study used CEPII data on trade flows between … African countries over the period 1980-2006. We accommodate for the signifcant number of zero trade flows between several …

This paper derives the gravity equation with intermediate goods trade. We extend a standard monopolistic competition … model to incorporate intermediate goods trade, and show that the gravity equation with intermediates trade is identical to … that the output elasticity of trade is significantly underestimated when value added is used as the output measure. This …

country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs … decoupling, defined as increased barriers to global input trade. After decoupling, the repercussions of foreign supply shocks are …