This paper unveils a systematic pattern in the People's Republic of China's (PRC) processing trade. In a cross-section of the PRC's provinces, the average distance traveled by processing imports (import distance) is negatively correlated with the average distance traveled by processing exports...

Overview of the research findings / Stephen Tapp, Ari Van Assche and Robert Wolfe -- International trade with firm heterogeneity : theoretical developments and policy implications / Beverly Lapham -- Trade and productivity : insights from Canadian firm-level data / John Baldwin and Beiling Yan...

Previous studies have argued that global value chains (GVCs) have increased the sensitivity of trade to foreign income shocks. This may occur either because GVC trade is concentrated in durable goods industries, which are known to have high income elasticities (a composition effect), or because,...