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I build a simple dynamic model of the formation of an international social network of importers and exporters. Firms … can only export into markets in which they have a contact. They acquire new contacts both at random, and via their network …
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trading network. Using these estimates, it describes how the structure of international trade has evolved during the 1980 …
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2020 marked some of the largest reductions in trade and output volumes since WWII. Focusing on the COVID-19 pandemic and using the latest monthly and quarterly data on international trade of selected countries and products, this paper documents key shifts in geographical direction and product...
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