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Keywords:international trade OR International trade OR International Trade 

Journal Article
A look at the top U.S. trading partners

Southwest Economy , Issue Nov , Pages 10

Working Paper
Market share and exchange rate pass-through in world automobile trade

This paper explores the relationship between exchange rate pass-through and market share for monopolistically competitive exporters. Under fairly general assumptions we show that pass-through should be high for exporters based in a country with a very large share of total destination market sales. For source countries with small and intermediate market shares, the theoretical relationship is potentially nonlinear and sensitive to assumptions about the nature of consumer demand and firm interactions. The model is estimated using a panel data set of automobile exports from France, Germany, ...
International Finance Discussion Papers , Paper 446

Conference Paper
Political-economic realism -- agricultural products in world trade

Proceedings – Rural and Agricultural Conferences

Journal Article
A perspective on U.S. international trade

This article was originally presented as a speech at the Louisville Society of Financial Analysts, Louisville, Kentucky, November 19, 2003.
Review , Volume 86 , Issue Mar

Working Paper
The impact of domestic market structure on exchange rate pass-through

Working Papers , Paper 90-25

Conference Paper
International payments imbalances in Japan, Germany, and the United States

Conference Series ; [Proceedings] , Volume 32 , Pages 19-57

Working Paper
Spaghetti regionalism

This paper examines the welfare implications of multiple free trade agreements in a model of imperfect competition. We show that free trade is the unique Nash equilibrium under the simple rule that any two countries can form a bilateral free trade agreement. Specifically, a country is always better off forming a bilateral trade agreement with every other country, irrespective of previous agreements. This suggests that each new preferential free trade agreement may be a step towards multilateral free trade.
International Finance Discussion Papers , Paper 680

Working Paper
The New England-China relationship in 2005

This essay provides an overview of current trade patterns between New England and China. It was prepared for a symposium sponsored by The Boston Athenaeum comparing New England?s present-day trade with China to the region?s prominence in the U.S.-China trade of the 19th century. The essay concludes that a special trade relationship between New England and China does not exist at the present time. Although New England?s exports to China are growing rapidly, they are not growing markedly faster than exports from the rest of the country, and China does not account for an unusually large fraction ...
New England Public Policy Center Working Paper , Paper 05-1

Working Paper
Deindustrialization and Industry Polarization

We add to recent evidence on deindustrialization and document a new pattern: increasing industry polarization over time. We assess whether these new features of structural change can be explained by a dynamic open economy model with two primary driving forces, sector-biased productivity growth and sectoral trade integration. We calibrate the model to the same countries used to document our patterns. We find that sector-biased productivity growth is important for deindustrialization by reducing the relative price of manufacturing to services, and sectoral trade integration is important for ...
Globalization Institute Working Papers , Paper 428

Working Paper
Relative price volatility: what role does the border play?

We reexamine the effect of the U.S.-Canadian border on integration of markets. The paper updates work from our earlier paper, Engel and Rogers (1996). We consider alternative measures of deviations from the law of one price. We pay special attention to the effect of the U.S.-Canada free trade agreement on market integration. Our conclusions are unchanged: markets in the U.S. and Canada are more segmented than can be explained by the physical distance between the two locations. Formal trade barriers do not appear to explain much of that segmentation.
International Finance Discussion Papers , Paper 623

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