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Intermediaries in International Trade: Direct Versus Indirect Modes of Export

Bernard, Andrew B.; Grazzi, Marco; Tomasi, Chiara - Centre for Economic Performance, LSE - 2012

This paper examines the factors that give rise to intermediaries in exporting and explores the implications for trade volumes. Export intermediaries such as wholesalers serve different markets and export different products than manufacturing exporters. In particular, high market-specific fixed...

Persistent link: https://www.econbiz.de/10010535359

Firms in International Trade

Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen; … - Centre for Economic Performance, LSE - 2007

Despite the fact that importing and exporting are extremely rare firm activities, economists generally devote little attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and non-trading firms, demonstrates how these differences...

Persistent link: https://www.econbiz.de/10005510456

Comparative Advantage and Heterogeneous Firms

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - Centre for Economic Performance, LSE - 2004

endogenous Ricardian productivity responses at theindustry level that magnify countries' comparative advantage. Focusing on the …

Persistent link: https://www.econbiz.de/10005151018

The Empirics of Firm Heterogeneity and International Trade

Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen J. - Centre for Economic Performance, LSE - 2011

This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical findings from micro data on plants and firms proposed challenges for existing models of inter- national trade and inspired the development of new theories emphasizing firm...

Persistent link: https://www.econbiz.de/10009352260

Multi-Product Firms and Trade Liberalization

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - Centre for Economic Performance, LSE - 2006

liberalization. Firm productivity in a given product is modeled as a combination of firm-level "ability" and firmproduct- level …-level ability raises a firm's productivity across all products, which induces a positive correlation between a firm's intensive … (output per product) and extensive (number of products) margins. Trade liberalization fosters productivity growth within and …

Persistent link: https://www.econbiz.de/10005797238

Wholesalers and Retailers in U.S. Trade (Long Version)

Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen; … - Centre for Economic Performance, LSE - 2010

International trade models typically assume that producers in one country trade directly with final consumers in another. In reality, of course, trade can involve long chains of potentially independent actors who move goods through wholesale and retail distribution networks. These networks...

Persistent link: https://www.econbiz.de/10008542761

Products and Productivity

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - Centre for Economic Performance, LSE - 2005

aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …

Persistent link: https://www.econbiz.de/10005510386