Hornok, Cecília; Koren, Miklós - Center for Firms in the Global Economy (CEFIG) - 2011
Using detailed U.S. and Spanish export data, we document that administrative trade costs of per shipment nature (documentation, customs clearance and inspection) lead to less frequent and larger-sized shipments, i.e. more lumpiness, in international trade. We build a model to analyze these...