trade share around and after China's accession to the World Trade Organization. Based on this stylized fact we analyze the …Krugman's (1979, 1980) monoplistic competition model of trade showed that countries with more similar per-capita GDP … trade more with each other. Does this mean that developing countries shift trade towards developed countries as a result of …

How does international trade affect structural transformation in developing countries? We use data on sectoral … plausibly exogenous variation in manufacturing imports from China. We find that the so-called 'China shock' largely slows down … decreases by 0.49 per cent on average for each additional per cent of manufacturing imports from China. It highlights a …