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This paper studies the value of diversification in global sourcing in improving firms' resilience to supply chain disruptions. I build a model in which firms select into importing from countries and via customs with different efficiencies, taking into account domestic and international trade...
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We study the role of firm heterogeneity and imperfect competition for global production networks and the gains from trade. We develop a quantifiable trade model with two-sided firm heterogeneity, matching frictions, and oligopolistic competition upstream. More productive buyers endogenously...
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We propose a sufficient statistics approach to measuring Ricardian comparative advantage based on a quantitative trade model simultaneously featuring cross-country differences in productivity, factor prices, and market size, as well as monopolistic competition, endogenous markups, and firm...
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The contradiction between charging stations (CSs) and electric vehicles (EVs) is a "chicken-and-egg" problem. Multiple factors and stakeholders, including the goals of the government's industry planning, CS operators' profits, and EV consumers' charging demand, influence the CS layout. Using...
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