The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...

This paper sets up a model of trade, in which two countries with differing levels of technology specialize on the production of subsets of the global value chain. In the open economy equilibrium, the technologically backward country exports intermediates in exchange for imports of a homogeneous...

Firm heterogeneity has been extensively linked to patterns in market engagement, particularly where foreign markets are concerned. Recent studies have extended the effects of firm heterogeneity to political markets, identifying its influence on policy stances and engagement in the policy...

This paper seeks to shed light on the interactions between public institutions and global production networks (GPNs) through a case study of the 2012 2013 European Union anti-dumping investigation on Chinese solar panels. Drawing on trade data and interviews, as well as press reports and...

How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions, we build a dynamic general equilibrium growth model where firm innovation endogenously determines the dynamics of...

The existing liberal international economic order was constructed during the era of American hegemony and heavily shaped by US power. How is the rise of China affecting global economic governance? This article analyzes the case of export credit, which has long been considered a highly effective...

How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions, we build a dynamic general equilibrium growth model where firm innovation endogenously determines the dynamics of...

This analysis attempts to offer a counter strategy to the idea of anti-globalization and de-growth that had flared up again since the COVID-19 crisis. All international forecasts expect for the year 2020 the deepest recession since the Great Depression. Countries which can afford it, run a...

In this paper we document Canada's trade policy response to late-nineteenth- and earlytwentieth-century globalization. We link newly digitized annual product-specific data on the value of Canadian imports and duties paid from 1870-1913 to establishment-specific production and location...