Illicit financial flows have recently attracted the attention of academia, practitioners, and multilateral organizations who consider them harmful to economic development. Some observers suggest that many of these flows occur via the misinvoicing of international trade transactions. This study...

The vigorous growth of the Chinese economy together with its growing role in international trade has raised fears of deindustrialization among developing countries. This study draws on the large increase in the international trade exposure of the Brazilian economy from 2000 to 2012 to assess the...

The vigorous growth of the Chinese economy together with its increasingly successful role in international trade may have profoundly impacted developing countries. This study examines the large increase in the international trade exposure of the Brazilian economy during 2000-2012 to assess the...

The debate over the use of tariffs or value added taxes in developing countries has focused on the difficulty of collecting VAT from the informal sector of the economy. This paper contributes by considering this issue with heterogeneous firms and endogenous entry. This yields two new results....

We compare the precision of critical values obtained under conventional sampling-based methods with those obtained using sample order statics computed through draws from a randomized counterfactual based on the null hypothesis. When based on a small number of draws (200), critical values in the...

This study examines the impacts of imports from China and from the Rest of the World (ROW) on the wages of Brazilian manufacturing workers during 2000–2012. In this period, import penetration in Brazil grew by 25 percent, and the Chinese share of it increased from 3 to 20 percent. Using...