The paper derives a consistent accounting framework for the treatment of inventories when measuring the productivity of … 9.6 percent per quarter total factor productivity growth rate over 6 quarters …

differ by export mode. We find that demand and productivity evolve more favorably under direct exporting, though the fixed …

The combination of substantial terms of trade variability and unstable correlation patterns of trade prices with output … and trade volumes has led some to suggest a break in the link between trade volumes and prices. We find that oil accounts … for much of the variation in the terms of trade over the last twenty five years and its quantitative role varies …

noninspected firms. These findings highlight the importance of collective reputation in international trade and the challenges …

In this paper, we empirically assess the causal links between trade and individual income risk and study the role that … and the linkage between trade and risk: While, on average, individuals with higher levels of industry- or occupation … of industry-specific human capital can be costly for workers in highly trade-exposed industries. By contrast, we find no …