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. African countries also display the highest rates of entry, exit and turnover of exporting firms, exporting products and export … large benefits in the medium-term, especially in terms of export flows and destination markets. Yet, the diversification of … export products will likely remain limited without strengthening productive capacities …
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Entrepôts are hubs that facilitate trade between various origins and destinations. We study the role these hubs, and the networks they form, play in international trade. Using novel data, we trace the paths of containerized goods entering the United States. We show that the majority of trade is...
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A view receiving increased support is that the height of trade costs in prime export sectors has a strong effect on …
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The geography of global value chains (GVCs) depends crucially on trade costs between countries hosting various stages of production. Some stages might be more sensitive to trade costs than others. In this paper, we exploit a value-added decomposition of bilateral trade flows to distinguish low...
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Trade facilitation policies intend to simplify administrative processes and accelerate the handling of shipments across borders. Recent research shows that these policies have substantial effects on trade flows. In this chapter, we discuss what the existing evidence for trade implies for the...
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