challenge the view that greater openness to trade automatically leads to improved firm entry institutions. My model enables … calculating business entry impediments whereas lobbying game produces structural estimates of the counterfactual levels of trade … extensive margin and asymmetries in technology and trade costs. Importantly, the model demonstrates that startling differences …

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. …

-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup … zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high … compile new data on global profit ownership. Our findings reveal that trade has greatly reshaped the global incidence of …

Welfare gains from increasing product variety are an important source of the gains from international trade. Recent … empirical studies have largely focused on measuring the gains from an increased variety of imports. Trade theory, however …, suggests that international trade heavily affects the variety of domestically produced goods as well. To overcome the typical …

brought about by trade liberalization. …

The home market effect (HME) is a distinguishing feature of the ?new? theory of international trade, but it is …

-industrial relations in a closed economy to draw conclusions regarding international trade. We ascertain that two factors have an impact …