biased technical progress rather than by increasing international trade with low wage countries. However, in linking prices … for final goods with prices of primary factors, most empirical studies have only dealt with international trade in final …

Weak enforcement of international contracts can substantially reduce international trade. We develop a model where … information. The model describes the interplay between institutional quality, reputations and the dynamics of international trade … exporters. Trade liberalization induces current exporters to increase their sales. It could induce entry as well, but this will …

exporting” is pervasive. Sequential exporting has broad but subtle implications for trade policy. For example, a reduction in … trade barriers in a country has delayed entry effects in its own market, while also promoting entry in other markets. This … trade externality poses challenges for the quantification of the effects of trade liberalization programs, while suggesting …

This paper focuses on self-selection into trade by exporting and importing firms, and on the presence of differential … heterogeneity and the connection between firm-level performance and international trade. They provide evidence on the remarkable …

We provide an analysis of the 2008-2009 trade collapse using microdata from a small open economy,Belgium. First, we … than what we observe. Trade in consumer durables and capitalgoods fell more severely than trade in other product categories … reveal strong firm- or sector-specific patterns. Overall,our results point to a demand-side explanation: the fall in trade …

This paper develops a model of trade that features heterogeneous firms, technology choice and different types of … skilled labor in a general equilibrium framework. Its main contribution is to explain the impact of trade integration on … puzzling increase in skill premium in the developing countries. The key mechanism is found in the effects of trade policy on …

role of information costs on incentives for trade intermediation, thereby endogenising the pattern of direct and indirect … trade. Intermediation is shown to unambiguously raise expected trade volume and social welfare by expanding the set of … indirect trade to arise in equilibrium while the pattern of trade is shown to depend on the level of information costs as well …