failures. We examine whether policy attempts to reduce regional disparities necessarily involve a trade-off between equity and …

gains from trade. Those gains are realized through exchange rate adjustments that cause a temporary reallocation of … containment policies that aim at optimizing global welfare further enhances the ability of countries to exploit trade …

disentangle effects from various channels that interact at the same time, such as flows of tourists, trade of goods, and changes …

. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …

This paper proposes an easy-to-follow approach to track merchandise trade using vessel data and applies it to Pacific … island countries. Pacific islands rely heavily on imports and maritime transport for trade. They are also highly vulnerable … data from the UN Global Platform, we construct daily indicators of port and trade activity for Pacific island countries …

, bilateral economic interactions like trade, FDI and portfolio investment, positively correlate with lending. Chinese banks …' lending to EMDEs also strongly correlates with trade, but not with FDI and, unlike other banks, it correlates negatively with …

cities in China. To do so, I construct a unique dataset of bilateral transportation costs between Chinese cities, digitized … and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal … a sectoral reallocation between cities in China …

within and outside the province of entry, as well as production and trade costs. The results indicate that market and … entry matters more than access to the rest of China, which is consistent with market fragmentation due to underdeveloped … transport infrastructure and informal trade barriers …

This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected … euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area … different specialization patterns. This raises the question of the distribution of gains and losses from external trade shocks …