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Many studies have found that international borders represent large barriers to trade. But how do international borders compare to domestic border barriers? We investigate international and domestic border barriers in a unified framework. We consider a data set of exports from individual US...
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, we find that a GE model with heterogeneous establishments and a sunk cost of starting to export is consistent with both … aggregate U.S. export growth and the changes in the number and size of U.S. exporters. The model also captures the non …-linear dynamics of U.S. export growth. A model without a sunk export cost generates substantially less trade growth and misses out on …
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(78.7 vs. 46.4). The model overpredicts export growth partly because it misses the shift in manufacturing to relatively …
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This article presents a study of exports of 131 countries for the years 1928-1936. There are two important results. One, while world exports in current USD began to rebound from the collapse of trade during the Great Depression in 1933, world exports in constant US gold dollars decreased...
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