We propose a simple method to identify the effects of unilateral and non-discriminatory trade policies on bilateral … trade within a theoretically-consistent empirical gravity model. Specifically, we argue that structural gravity estimations … should be performed with data that include not only international trade flows but also intra-national trade flows. The use of …

Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium …

This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in …

Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …

This paper examines the effect of trade integration and comparative advantage on one of a country's institutions, which … economic efficiency. Trade integration alters the relative value of the elite's wealth. This alters the lower classes … determines whether trade integration increases or reduces economic efficiency. The econometric findings support the model's main …

normative aspects of international trade. Assuming “continuum-Pollak” preferences, the model allows for consistent aggregation … continuum-quadratic preferences, I explore the model's implications for the gains from trade, for the distribution of income … between wages and profits, and for production and trade patterns in a two-country world …

-affiliated firms differentially changed their input sourcing this paper uses Chinese product trade data for 1997 to 2009 which report … trade transactions by firm ownership type. Compared with import transactions for other firms, the data show that foreign … quantities on the extensive margin. While China’s content-based auto import trade policy was repealed in 2009 after China lost …

.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes … the number of firms engaged in China-U.S. trade. These results are robust to other potential explanations of the …

This paper investigates the economic value of trade when prices of transportation services are endogenous to cross …