This paper surveys the recent body of work in economics on the importance of global value
chains (GVCs) in sha** international trade flows and production patterns. On the empirical …

This paper surveys the empirical literature on export and import diversification and its
linkages with growth. We review widely used measures of diversification and the evidence …

Since the mid-1990s, researchers have used micro datasets to study countries' production
and trade at the firm level and have found that exporting firms differ substantially from firms …

This paper infers the terms of trade effects of free trade agreements (FTAs) implemented in
the 1990s. We estimate large FTA effects on bilateral trade volume in 2 digit manufacturing …

Financial market imperfections severely restrict international trade flows because exporters
require external capital. This article identifies and quantifies the three mechanisms through …

The paper explores the evolution of export diversification patterns along the economic
development path. Using a large database with 156 countries over 19 years at the HS6 level …

Bilateral, product-level data exhibit a number of strong patterns that can be used to evaluate
international trade theories, notably the spatial incidence of “export zeros”(correlated with …

Many new exporters give up exporting very shortly, despite substantial entry costs; others
shoot up foreign sales and expand to new destinations. We develop a model based on …

We investigate and compare countries' export growth based on their performance at the
extensive and intensive export margins. Our empirical approach is motivated by an …

We employ survival analysis to study the duration of US imports. Our findings indicate
international trade is far more dynamic than previously thought. The median duration of …