prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 …

prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 …

.S.-Mexican relative prices and find that it is nearly an order of magnitude larger than for U.S.-Canadian prices. However, during a very … very slightly. We also present evidence that the border effect in U.S.-Mexican prices is not primarily due to the border … effect in U.S.-Mexican wages. Finally, using the prices of 276 highly dis-aggregated goods and services, we estimate the …

observed changes from 2020 (September) in unemployment, trade, oil prices, and production to inform our model. Estimated gross … lockdowns lead to a decrease in global GDP of 7.2 per cent, and a decrease in grain prices of 9 per cent. These changes lead to …

prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 …

agricultural trade and its protection of agriculture. In turn, the structure of a country's agricultural trade is a function of its … political strength of farmers and of the structure of its agricultural trade. These relationships are estimated in a …