BEA study uses novel data to explore export methods Over the past decade, interest in the industrial organization of international trade has exploded, as new microdata sets have led to the development of heterogeneous firm trade models that link firm characteristics and export participation. economist at the Bureau of Economic Analysis (BEA), has added to the literature with a recent paper that...

Abstract. We present a climatology of trade cumulus cold pools and their associated changes in surface weather, vertical velocity cloudiness based on more than 10 years situ remote sensing data from the Barbados Cloud Observatory. Cold are identified by abrupt drops temperature, mesoscale organization pattern is classified neural network algorithm Geostationary Operational Environmental Satelli...

Nat iona l and international economic policy has usually ignored the environment. In areas where the environment is beginning to impinge on policy, as in the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA), it remains a tangential concern, and the presumption is often made that economic growth and economic liberalization (including the liberaliz...

We demonstrate that simply by using the ethnic makeup surrounding a firm’s location, we can predict, on average, which trade links are valuable for firms. Using customs and port authority data on the international shipments of all U.S. publicly-traded firms, we show that firms are significantly more likely to trade with countries that have a large resident population near their firm headquarter...

Coordinated development between the economy and the environment is currently one of the most important issues in China. By establishing models concerning labor income share and hidden carbon emissions, and taking trade as the link in their relationship, this study puts forward the scale effects, technological effects, and structural effects that relate to labor income share under the function o...

Recent empirical and theoretical studies have identified product quality as an important determinant of bilateral trade flows. Yet relatively little is understood about the relationship between the characteristics of the export market and the quality of products. In this paper we examine this link using Chinese data. We find evidence that product unit values vary with standard gravity variables...

Variable bit rate video codecs constitute new and potentially very significant sources of traffic for an A 1M ,based broadband integrated services network. We consider the characteristics of such traffic and, with the aid of recently developed techniques for analysing queues with correlated input, we evaluate a number of possible trade-offs between codec output, link and buffer dimensions and r...

The consequences of regional trade agreements (RTAs) on countries’ welfare are disputed. In this paper, we assess these effects using stock returns from a recent data set that spans over two hundred RTA announcements, eighty economies, and twenty years. We measure the effects of news concerning RTAs on the returns of national stock markets, after adjusting these returns for international stock ...

Ex-post opportunistic behavior, commonly present in bilateral trade relationships, is a key element of the transaction cost economics. Investment in outside options is a prime example of such opportunism and often leads to inefficiency, for example by exerting effort to search for alternative business partners even if it does not add trade value. We experimentally investigate a bilateral trade ...