This paper studies a number of features of transaction networks, firm sales growth, and buyer-supplier comovements of sales using a large-scale dataset on the Japanese interfirm transaction network. Larger firms have higher sales growth rates and smaller growth dispersion. Well-connected firms...

A substantial fraction of international trade is facilitated by wholesalers, who enable manufacturers to indirectly export their products to foreign markets. Using large-scale Japanese interfirm transaction network data, this paper add empirical findings on the difference in the features between...

Recent empirical researches documented that there exists nonlinear pricing phenomenon in the shipping industry. This paper strives to show how this empirical regularity would alter conventional results in trade literature. This paper shows that when nonlinear pricing in shipping industry is...