Document Type
Article
Publication Date
1-2009
Publication Title
American Economic Review
Department
Tuck School of Business
Abstract
Recent research in international trade emphasizes the importance of firms’ extensive margins for understanding overall patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed U.S. trade statistics to provide a broad overview of how the margins of trade contribute to variation in U.S. imports and exports across trading partners, types of trade (i.e. arm’s-length versus related-party) and both short and long time horizons. Among other results, we highlight the differential behaviour of related-party and arm’s-length trade in response to the 1997 Asian financial crisis.
DOI
10.1257/aer.99.2.487
Original Citation
Bernard, Andrew B., J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott. 2009. "The Margins of US Trade." American Economic Review, 99 (2): 487-93.DOI: 10.1257/aer.99.2.487
Dartmouth Digital Commons Citation
Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen J.; and Schott, Peter K., "The Margins of US Trade" (2009). Dartmouth Scholarship. 3432.
https://digitalcommons.dartmouth.edu/facoa/3432
