This paper examines the determinants of intra-firm trade in U.S. imports using detailed country-productdata. We create a new measure of product contractibility based on the degree of intermediation in internationaltrade for the product. We find important roles for the interaction of country and...

Is the reputation of a firm tradable when the change in ownership is observable?We consider a competitive market in which a share of owners must retire ineach period. New owners bid for the firms that are for sale. Customers learn theowners type, which reflects the quality of the good or service...