We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard … trade liberalization. While the former leads to more dispersion of economic activity across space, the latter tends to drive … of economic activity with information on the access to credit and the dependence on external finance. Our estimates for …

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 … naturally to a difference in differences estimation, with international differences in trade openness at the sector level …

LMU Munich in February 2019. It consists of four selfcontained chapters that empirically investigate different trade … dampening phenomena using gravity analysis. The first two chapters examine the effects of anti-dumping duties on trade …, addressing endogeneity concerns linked to trade policy. In particular, Chapter 1 exploits the EU enlargement of 2004 as a natural …

The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …

In recent years an increasingly common feature in international trade is cases where animporting country finds … production practices in exporting countries unacceptable, and whereone seeks to change these practices by imposing trade …

To date, empirical investigations of trade liberalization under the conditions of increasingreturns to scale (IRS) and …. However, of the recent IRS/ICmodels used to simulate the effects of trade liberalization none have empirically tested for …

Cultural proximity increases bilateral trade flows through a trade-cost and a bilateral-affinity (preferences) channel …-invariant, in a gravity model of bilateral trade, the time dimension of the ESC data allows to identify the preferences effect. The … find robust evidence for a sizable preferences effect, the impact of cultural proximity on trade runs largely through the …