This paper studies the international mobility of capital and labour. Using a Mixed Linear Model (MMA) the authors analyse the interaction of emigration and immigration with foreign direct investment, exports and imports, and international remittances. The sample comprises 112 countries with...

Ethnic networks - as proxies for information networks - have been associated with higher levels of international trade. Previous research has not differentiated between the roles of these networks on the extensive and intensive margins. The present paper does so using a model with fixed effects,...

Ethnic networks — as proxies for information networks — have been associated with higher levels of international trade. Previous research has not differentiated between the roles of these networks on the extensive and intensive margins. The present paper does so using a model with fixed...

We assume that all trade costs take the iceberg form and find that distance is responsible for about 40% of the world trade costs. Our results are robust to the choice of the trade model, the sample period, the country groups in terms of income level, and the trade cost elasticity of trade...

We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one’s incentive to arm given the opponent’s...