The importance of trade costs in segmenting product markets cannot be captured by considering aggregate prices or in the absence of information on the direction of trade. We address this problem by utilizing product-specific prices along with cross-sectional productivity measures and bilateral...

The importance of trade costs in segmenting product markets cannot be captured by considering aggregate prices or in the absence of information on the direction of trade. We address this problem by utilizing product-specific prices along with cross-sectional productivity measures and bilateral...

This dissertation investigates the reasons behind international price dispersion. The first essay, International Price Dispersion and the Direction of Trade, discusses the importance of trade cost as a determinant of international price dispersion. The importance of trade costs in segmenting...