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The limits to offshoring: Technological complexity and information transfers

Long Title:  The limits to offshoring Teaser: What jobs are headed overseas? This column emphasises that the feasibility of offshoring tasks is heavily influenced by the costs of transferring...

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Revisiting the death of distance

Long Title:  Revisiting the death of distance Teaser: The sensitivity of bilateral trade flows to distance has remained unchanged or increased over the last half century, even in the face of...

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What’s driving the trade collapse?

Long Title:  Explaining two trade busts: Output vs. trade costs in the Great Depression and today Teaser: Trade has declined massively during the crisis. This column assesses the relative roles of...

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The 1967-75 Suez Canal closure: Lessons for trade

Long Title:  The 1967-75 Suez Canal closure: Lessons for trade and the trade-income link Teaser: The effects of distance on trade and of trade on income have puzzled economists for centuries. This...

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There goes gravity: How eBay reduces trade costs

Teaser: This paper compares the impact of distance, a standard proxy for trade costs, on eBay and offline international trade flows, finding that the effect of distance to be on average 65% smaller on...

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Why hit-and-run exporting can be optimal

Long Title:  Temporary trade: Exporting only once in a while Teaser: Trade relationships often last for a surprisingly short period of time. Previously this was explained by failed export efforts....

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Do falling trade costs benefit all countries equally?

Long Title:  Do falling trade costs benefit all countries equally? Teaser: Trade barriers such as transportation costs and tariffs reduce international trade. But when these trade barriers come down,...

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Trade costs in the developing world: 1995-2010

Long Title:  Trade costs in the developing world: 1995-2010 Teaser: The world ain’t flat. Distance has massive effects on all manner of international flows, but measuring its empirical impact has been...

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Roads to deeper European integration

Long Title:  Roads to deeper European integration Teaser:  Despite substantial integration, national borders still provide a large obstacle to trade in Europe. This column shows that much of these...

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External integration and development: Evidence from Argentina

Long Title:  External integration, structural transformation, and economic development: Evidence from Argentina 1870-1914 Teaser:  External integration is often viewed as an important driver of...

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