Free trade or preferential trade areas (PTAs) allow importers who belong to the area to export to each other while …

This paper studies how international trade influences U.S. presidential elections. We expect the positive employment … effects of expanding exports to increase support for the incumbent's party, and job insecurity from import competition to … diminish such support. Our national-level models show for the first time that increasing imports are associated with decreasing …

exporters of capital goods to the rest of the world. We develop a model of trade in capital goods to assess its role spreading … the benefits of technological advances. Applying the model to data on production and bilateral trade in capital equipment …, we estimate the barriers to trade in equipment. These estimates imply substantial differences in equipment prices across …

In the past two decades, China's manufacturing exports have grown spectacularly, U.S. imports from China have surged …, but U.S. exports to China have increased only modestly. Using representative, longitudinal data on individual earnings by … measures of trade exposure, reveal that there are significant worker-level adjustment costs to import shocks, and that …

We study unanticipated tariffs on imports of intermediate goods in a setting with firm-to-firm supply relationships … free trade. Once they are in place, the home government surprises with an input tariff. This can lead to renegotiation with … deterioration in the terms of trade. The welfare implications of a tariff are ambiguous in this second-best setting, but plausible …

There is a growing empirical consensus that trade shocks can have important effects on unemployment and nonemployment … quantitative trade model and shows how this framework can generate changes in unemployment and nonemployment that match those …

This chapter investigates the non-market response of firms to international trade shocks increasing the level of … the cost-benefit trade-off between innovation and lobbying is relatively less appealing for low productivity firms, but …

overall imports in 2008, taking advantage of the rich heterogeneity in trade policy and trade growth across products during …We study the growth of Chinese imports into the United States from autarky during 1950-1970 to about 15 percent of … this period. Central to our analysis is an accounting for the dynamics of trade, trade policy, and trade …

A large and growing share of international trade is carried on airplanes. Air cargo is many times more expensive than …. We use US imports data that provide rich variation in the premium paid for air shipping and in time lags for ocean …-sensitive trade flows are those involving parts and components trade. These results suggest a link between sharp declines in the price …