average largest for China. In the past, the GATT/WTO system has updated tariff commitments through periodic rounds of … negotiations, and our findings support the revival of the WTO's negotiation function in this area …

, despite the larger trade elasticities implied by firm heterogeneity. As a consequence, the world-wide trade response, though …

This paper investigates the determinants of sustained accelerations in goods and services exports. Strong predictors of … export takeoffs include domestic and structural indicators such as lower macroeconomic uncertainty, improved quality of … diversification also contribute to initiating export accelerations. The paper also finds heterogeneity, with somewhat different …

This paper investigates whether banking crises are associated with declines in bilateral exports. We first develop a … simple open economy model in which banking crises translate into negative liquidity shocks, leading to collapses in exports … countries over the period 1988-2010. The results suggest that crisis-hit countries experience lower levels of bilateral exports …

. Combining a dataset of Argentinean firm-level destination-specific wine exports with quality ratings, we show that higher … quality exports grew faster before the crisis, but this trend reversed during the recession. Quantitatively, the effect is … large: up to nine percentage points difference in trade performance can be explained by the quality composition of exports …

exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some suggestive evidence that … the elasticity of real manufacturing exports to the Real Effective Exchange Rate (REER) has decreased over time. We then … competitiveness of a fraction of the value of final good exports. In line with this intuition, we find evidence that GVC participation …