After a long absence, China and India are returning to the world economic stage. The breakthrough they have made in international trade has for the past decade borne witness to their strong presence in industries linked to the digital revolution. Their ascension is having far-reaching effects on...

Over the past ten years, the emerging economies, being exporters of manufactured goods, and rentier states, being exporters of commodities, have eroded the dominant position of developed countries in the world market; for the latter, they have also represented opportunities for growth and been...

This paper provides new estimates of international trade in services for mode 3 (foreign affiliates’sales in a host country) for four major OECD countries, thanks to the harmonisation of FATS statistics with conventional international trade ones (trade recorded in the balances of payments –...

Firm-level regressions show that Champagne producers that receive better ratings from wine guides also export to more markets, charge higher prices, and sell more in each market. Our method corrects for a severe selection bias predicted by the model. By using direct measures of quality, we can...

Much attention has been paid to the sharp fall in world trade associated with the economic crisis during the last quarter of 2008 and the first quarter of 2009. Alarming forecasts have been published for the whole year of 2009 and several explanations have been offered. In particular, beyond the...

Methodological issues arising from the estimation of tariff equivalents of barriers to services trade are very relevant for policy. These equivalents are used extensively to compute welfare gains and resource reallocations associated with partial liberalization of the sector; any measurement...

Using a dynamic computable general equilibrium model of the world economy (MIRAGE), we simulate the impacts of the most recent drafts circulated in the multilateral trade negotiations arena, augmented by a modest outcome of the negotiation in services. The liberalisation of tariffs is...

GeoDist makes available the exhaustive set of gravity variables used in Mayer and Zignago (2005). GeoDist provides several geographical variables, in particular bilateral distances measured using citylevel data to assess the geographic distribution of population inside each nation. We have...

Within the migration-trade nexus literature, this paper proposes a more carefully defined measure of migration business networks, and quantifies its impact on bilateral trade. Controlling for the overall bilateral stock of migrants, the share of migrants employed in managerial/business-related...

Countries no longer specialise in products or sectors, but in varieties of the same product (sold at different prices). To study the way in which the European Union copes with the emergence of new big world exporters in this context, we analyse the redistribution of world market shares at the...