Details about Stephen James Redding
Access statistics for papers by Stephen James Redding.
Last updated 2023-07-06. Update your information in the RePEc Author Service.
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Working Papers
2023
- Neoclassical Growth in an Interdependent World
Working Papers, Princeton University. Economics Department.
- Slavery and the British Industrial Revolution
CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) 
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2022) View citations (1) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2022) View citations (1) Working Papers, Princeton University. Economics Department. (2022) View citations (1) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)  CEP Discussion Papers, Centre for Economic Performance, LSE (2022) View citations (1)
- The Economics of Cities: From Theory to Data
Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. 
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023)  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)  CEP Discussion Papers, Centre for Economic Performance, LSE (2023)
2022
- International Friends and Enemies
Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. 
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2020) View citations (12) NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (10) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (12) Working Papers, Princeton University. Economics Department. (2020)  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2020) View citations (10)
- Structural Change Within Versus Across Firms: Evidence from the United States
Working Papers, Princeton University. Economics Department. View citations (7)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2022) View citations (9) Working Papers, U.S. Census Bureau, Center for Economic Studies (2022) View citations (9) Working Papers, Princeton University. Economics Department. (2019) View citations (3) Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2022) View citations (6) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)  CEP Discussion Papers, Centre for Economic Performance, LSE (2022) View citations (9) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2022) View citations (6)
- The Economics of Spatial Mobility: Theory and Evidence Using Smartphone Data
Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations (5)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (3)
2021
- Consumption Access and Agglomeration: Evidence from Smartphone Data
Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations (8)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2021) View citations (6) CEP Discussion Papers, Centre for Economic Performance, LSE (2021) View citations (9) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) View citations (12)
- Dynamic Spatial General Equilibrium
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2021) View citations (5) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)  Working Papers, Princeton University. Economics Department. (2021) View citations (5) CEP Discussion Papers, Centre for Economic Performance, LSE (2021) View citations (6)
See also Journal Article in Econometrica (2023)
- Sovereign Debt: A Critical Challenge
Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies.
- Suburbanization in the United States 1970-2010
CEPR Discussion Papers, C.E.P.R. Discussion Papers 
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (5) Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2021)  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2021)  CEP Discussion Papers, Centre for Economic Performance, LSE (2021) View citations (5)
- The Slope of the Phillips Curve: Evidence from U.S. States
Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations (4)
- Trade and Innovation
CEPR Discussion Papers, C.E.P.R. Discussion Papers 
Also in Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2021) View citations (9) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2021) View citations (9) CEP Discussion Papers, Centre for Economic Performance, LSE (2021) View citations (14) NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (9)
2020
- Globalisation and pandemics: surprising interactions
CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE View citations (21)
- Globalization and Pandemics
Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations (33)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2020) View citations (33) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (32) Working Papers, Princeton University. Economics Department. (2020) View citations (16) CEP Discussion Papers, Centre for Economic Performance, LSE (2020) View citations (33) NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (33)
See also Journal Article in American Economic Review (2023)
- How Much Does COVID-19 Increase with Mobility? Evidence from New York and Four Other U.S. Cities
Working Papers, Princeton University. Economics Department. View citations (18)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (78) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (66)
- The making of the modern metropolis: evidence from London
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (63)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (36) NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (31) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2018) View citations (31) CEP Discussion Papers, Centre for Economic Performance, LSE (2018) View citations (36) CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE (2019) View citations (4)
See also Journal Article in The Quarterly Journal of Economics (2020)
- Trade and Geography
Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations (23)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2020) View citations (17) NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (23) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (20) CEP Discussion Papers, Centre for Economic Performance, LSE (2020) View citations (23)
- Who's Paying for the US Tariffs? A Longer-Term Perspective
NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2020) View citations (4) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2020) View citations (2) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (1)
See also Journal Article in AEA Papers and Proceedings (2020)
2019
- Aggregation and the Gravity Equation
NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2019) View citations (9) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (10) CEP Discussion Papers, Centre for Economic Performance, LSE (2019) View citations (10)
See also Journal Article in AEA Papers and Proceedings (2019)
- In brief...What the Berlin Wall can teach us about urban development
CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE
- New China Tariffs Increase Costs to U.S. Households
Liberty Street Economics, Federal Reserve Bank of New York
- Task specialization in U.S. cities from 1880-2000
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (11)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (23) Economics Series Working Papers, University of Oxford, Department of Economics (2013) View citations (19) CEP Discussion Papers, Centre for Economic Performance, LSE (2013) View citations (13) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2013) View citations (12) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (31)
See also Journal Article in Journal of the European Economic Association (2019)
- The Impact of the 2018 Trade War on U.S. Prices and Welfare
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (62)
Also in CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE (2019) View citations (110) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2019) View citations (58) CEP Discussion Papers, Centre for Economic Performance, LSE (2019) View citations (65) NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (108)
2018
- Accounting for Trade Patterns
Working Papers, Princeton University. Economics Department.
- Aggregating From Micro to Macro Patterns of Trade
Working Papers, U.S. Census Bureau, Center for Economic Studies 
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) View citations (20) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (22) NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (22) CEP Discussion Papers, Centre for Economic Performance, LSE (2017) View citations (21)
2017
- Commuting, Migration and Local Employment Elasticities
Working Papers, Human Capital and Economic Opportunity Working Group View citations (7)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (55) CEP Discussion Papers, Centre for Economic Performance, LSE (2015) View citations (52) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (53) NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (53)
See also Journal Article in American Economic Review (2018)
2016
- A Unified Approach to Estimating Demand and Welfare
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (51)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (51) CEP Discussion Papers, Centre for Economic Performance, LSE (2016) View citations (51)
- Estimating Neighborhood Effects: Evidence from War-time Destruction in London
Working Papers, Princeton University. Economics Department. View citations (9)
- Global Firms
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (3) CEP Discussion Papers, Centre for Economic Performance, LSE (2016) View citations (3) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (3)
See also Journal Article in Journal of Economic Literature (2018)
- Measuring Aggregate Price Indexes with Taste Shocks: Theory and Evidence for CES Preferences
NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
See also Journal Article in The Quarterly Journal of Economics (2020)
- Quantitative Spatial Economics
Working Papers, eSocialSciences View citations (18)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (19) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (18) NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (18) CEP Discussion Papers, Centre for Economic Performance, LSE (2016) View citations (19)
See also Journal Article in Annual Review of Economics (2017)
2015
- The economics of density: evidence from the Berlin Wall
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (398)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (14) VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association (2013) View citations (3) CEP Discussion Papers, Centre for Economic Performance, LSE (2012) View citations (59) SERC Discussion Papers, Centre for Economic Performance, LSE (2012) View citations (58) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (14) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2012) View citations (60)
See also Journal Article in Econometrica (2015)
2014
- External Integration, Structural Transformation and Economic Development: Evidence From Argentina
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (61)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2014) View citations (55)
- External Integration, Structural Transformation and Economic Development: Evidence from Argentina 1870-1914
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (67)
- Missing Gains from Trade?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
Also in Working Paper, Harvard University OpenScholar View citations (55) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (62) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2014) View citations (61) Scholarly Articles, Harvard University Department of Economics (2014) View citations (62) CEP Discussion Papers, Centre for Economic Performance, LSE (2014) View citations (62)
See also Journal Article in American Economic Review (2014)
- Quantifying the Sources of Firm Heterogeneity
NBER Working Papers, National Bureau of Economic Research, Inc View citations (54)
See also Journal Article in The Quarterly Journal of Economics (2016)
- Trade, Structural Transformation and Development: Evidence from Argentina 1869-1914
NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
See also Journal Article in Journal of Political Economy (2022)
- Transportation Costs and the Spatial Organization of Economic Activity
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (49)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (49) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2014) View citations (47) NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (49)
See also Chapter (2015)
- What is 'Firm Heterogeneity' in Trade Models? The Role of Quality, Scope, Markups and Cost
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (9)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2014) View citations (11) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (14)
2013
- Firm Heterogeneity and Aggregate Welfare
Sciences Po publications, Sciences Po View citations (60)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2013) View citations (61) Sciences Po Economics Discussion Papers, Sciences Po Departement of Economics (2013) View citations (60) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2013) View citations (59) SciencePo Working papers, HAL (2013) View citations (5) Working Papers, HAL (2013) View citations (57) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (61)
- Heterogeneous Firms and Trade
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (22)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2012) View citations (54) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2012) View citations (52) NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (56)
See also Chapter (2014)
- INTRA-FIRM TRADE AND PRODUCT CONTRACTIBILITY
Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (1)
Also in Working Paper Series, Peterson Institute for International Economics (2010) View citations (46) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010) View citations (61) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (41)
See also Journal Article in American Economic Review (2010)
- New Trade Models, New Welfare Implications
NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
Also in Working Paper, Harvard University OpenScholar View citations (191)
See also Journal Article in American Economic Review (2015)
- Sources of Wage Inequality
Scholarly Articles, Harvard University Department of Economics View citations (48)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2013) View citations (48)
See also Journal Article in American Economic Review (2013)
- Testing for factor price equality with unobserved differences in factor quality or productivity
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (28)
Also in Working Papers, U.S. Census Bureau, Center for Economic Studies (2012) 
See also Journal Article in American Economic Journal: Microeconomics (2013)
2012
- Goods Trade, Factor Mobility and Welfare
NBER Working Papers, National Bureau of Economic Research, Inc View citations (53)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2012) View citations (53)
See also Journal Article in Journal of International Economics (2016)
- The Empirics of Firm Heterogeneity and International Trade
Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (378)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2011) View citations (60) NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (63) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (60)
See also Journal Article in Annual Review of Economics (2012)
- Trade and Inequality: From Theory to Estimation
NBER Working Papers, National Bureau of Economic Research, Inc View citations (124)
Also in Working Paper, Harvard University OpenScholar View citations (298) 2012 Meeting Papers, Society for Economic Dynamics (2012) View citations (115) CEP Discussion Papers, Centre for Economic Performance, LSE (2012) View citations (120)
See also Journal Article in Review of Economic Studies (2017)
- Wholesalers and Retailers in U.S. Trade (Long Version)
Working Papers, U.S. Census Bureau, Center for Economic Studies 
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (112) CEP Discussion Papers, Centre for Economic Performance, LSE (2010) View citations (32) NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (36) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010) View citations (18)
2011
- Trade and Labor Market Outcomes
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (30)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2010) View citations (2) Foerder Institute for Economic Research Working Papers, Tel-Aviv University > Foerder Institute for Economic Research (2010) View citations (2) NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (29)
2010
- Inequality and Unemployment in a Global Economy
Scholarly Articles, Harvard University Department of Economics View citations (735)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (35) CEP Discussion Papers, Centre for Economic Performance, LSE (2009) View citations (24) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (64) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2009) View citations (12)
See also Journal Article in Econometrica (2010)
- Intra-Firm Trade and Product Contractibility (Long Version)
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (26)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010) View citations (21) NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (27)
- Multiple-product firms and product switching
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (356)
See also Journal Article in American Economic Review (2010)
- The Margins of US Trade
Working Paper Series, Peterson Institute for International Economics View citations (2)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2009) View citations (132) CEP Discussion Papers, Centre for Economic Performance, LSE (2009) View citations (136) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2009) View citations (129)
See also Journal Article in American Economic Review (2009)
- Theories of Heterogeneous Firms and Trade
NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2010) View citations (43) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (43) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010) View citations (39)
See also Journal Article in Annual Review of Economics (2011)
- Wholesalers and Retailers in US Trade
Working Paper Series, Peterson Institute for International Economics View citations (141)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010) View citations (139)
See also Journal Article in American Economic Review (2010)
2009
- Economic Geography: A Review of the Theoretical and Empirical Literature
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (15)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (14) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2009) View citations (12)
See also Chapter (2013)
- In brief: Heterogeneous firms in international trade
CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE View citations (6)
- Multi-Product Firms and Trade Liberalization
Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (40)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2006) View citations (83) 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (3) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2006) View citations (78) NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (102)
See also Journal Article in The Quarterly Journal of Economics (2011)
- Testing for Factor Price Equality in the Presence of Unobserved Factor Quality Diferences
Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (4)
- The Empirics of New Economic Geography
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (4)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (4) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2009) View citations (3)
See also Journal Article in Journal of Regional Science (2010)
- The Margins of U.S. Trade (Long Version)
Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (32)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (112) NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (36)
2008
- Multi-Product Firms and Product Switching
Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (24)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2006) View citations (72) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (76) NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (85) CEP Discussion Papers, Centre for Economic Performance, LSE (2006) View citations (78)
- Products and Productivity
Working Papers, U.S. Census Bureau, Center for Economic Studies 
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (12) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (12) CEP Discussion Papers, Centre for Economic Performance, LSE (2005) View citations (14) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (11)
See also Journal Article in Scandinavian Journal of Economics (2009)
- The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India
Scholarly Articles, Harvard University Department of Economics View citations (263)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (8) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2006) View citations (35) CEP Discussion Papers, Centre for Economic Performance, LSE (2006) View citations (43) IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2007) View citations (8) STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE (2005) View citations (6) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (47) NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (42)
See also Journal Article in American Economic Review (2008)
- Urbanisation and Structural Transformation
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (2)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2008) View citations (2) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (50)
See also Journal Article in The Quarterly Journal of Economics (2012)
- Wages, Unemployment and Inequality with Heterogeneous Firms and Workers
NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)
2007
- Firms in International Trade
Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (1364)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (1374) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2007) View citations (1378) NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (1369) CEP Discussion Papers, Centre for Economic Performance, LSE (2007) View citations (1364)
See also Journal Article in Journal of Economic Perspectives (2007)
- History and Industry Location: Evidence from German Airports
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (28)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (19) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2007) View citations (26)
See also Journal Article in The Review of Economics and Statistics (2011)
- In brief: sharing the fruits of trade
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
2006
- The Costs of Remoteness: Evidence from German Division and Reunification
2006 Meeting Papers, Society for Economic Dynamics View citations (4)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (26) CEP Discussion Papers, Centre for Economic Performance, LSE (2005) View citations (24) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (21) STICERD - Political Economy and Public Policy Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE (2005) View citations (49) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (21)
See also Journal Article in American Economic Review (2008)
2005
- Entry Liberalization and Inequality in Industrial Performance
Scholarly Articles, Harvard University Department of Economics View citations (116)
See also Journal Article in Journal of the European Economic Association (2005)
- Factor Price Equality and the Economies of the United States
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (15) Working Papers, U.S. Census Bureau, Center for Economic Studies (2005) View citations (15) CEP Discussion Papers, Centre for Economic Performance, LSE (2005) View citations (21)
- Location, location, location
CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE 
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005) View citations (4)
- Product Choice and Product Switching
Working Papers, U.S. Census Bureau, Center for Economic Studies 
Also in Yale School of Management Working Papers, Yale School of Management (2003) View citations (14) CEP Discussion Papers, Centre for Economic Performance, LSE (2003) View citations (14) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (20) NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (15) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2003) View citations (14)
2004
- Comparative Advantage and Heterogeneous Firms
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (30)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (38) IFS Working Papers, Institute for Fiscal Studies (2004) View citations (35) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2004) View citations (28) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (13)
See also Journal Article in Review of Economic Studies (2007)
- Foreign Ownership and Productivity: New Evidence from the Service Sector and the R&D Lab
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (75)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2004) View citations (94) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (90) IFS Working Papers, Institute for Fiscal Studies (2004) View citations (92)
See also Journal Article in Oxford Review of Economic Policy (2004)
- Relative Wage Variation and Industry Location
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (5)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (2) NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (6) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2004) View citations (2) IFS Working Papers, Institute for Fiscal Studies (2003) View citations (6)
2003
- All is not equal
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
- Distance, Skill Deepening and Development: Will Peripheral Countries Ever Get Rich?
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (114)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (115) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2003) View citations (117) CEP Discussion Papers, Centre for Economic Performance, LSE (2003) View citations (115) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2003) View citations (117)
See also Journal Article in Journal of Development Economics (2003)
- Factor Endowments and Production in European Regions
CEPR Discussion Papers, C.E.P.R. Discussion Papers 
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001) View citations (3) CEP Discussion Papers, Centre for Economic Performance, LSE (2001) View citations (3)
See also Journal Article in Review of World Economics (Weltwirtschaftliches Archiv) (2006)
- Factor Price Equalization in the UK?
Royal Economic Society Annual Conference 2003, Royal Economic Society View citations (6)
Also in Yale School of Management Working Papers, Yale School of Management (2002) View citations (14) CEP Discussion Papers, Centre for Economic Performance, LSE (2002) View citations (10) IFS Working Papers, Institute for Fiscal Studies (2002) View citations (5) NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations (11) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2002) View citations (10) CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (12)
- Geography and Export Performance: External Market Access and Internal Supply Capacity
NBER Working Papers, National Bureau of Economic Research, Inc View citations (53)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (53)
See also Chapter (2004)
- Productivity Convergence and Foreign Ownership at the Establishment Level
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (46)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (63) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2003) View citations (40) IFS Working Papers, Institute for Fiscal Studies (2002) View citations (70)
- R&D and absorptive capacity: theory and empirical evidence
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (193)
See also Journal Article in Scandinavian Journal of Economics (2003)
- Yawning gaps
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
2002
- Educational Attainment, Labour Market Institutions, and the Structure of Production
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (4)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (14) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2002) View citations (4)
- Explaining Cross-Country Export Performance: International Linkages and Internal Geography
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (7)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2002) View citations (4)
- Path dependence, endogenous innovation, and growth
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (26)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (1999) View citations (2)
See also Journal Article in International Economic Review (2002)
- Specialization dynamics
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (46)
See also Journal Article in Journal of International Economics (2002)
2001
- Economic Geography and International Inequality
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (41)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2000) View citations (51) International Trade, University Library of Munich, Germany (2001) View citations (56) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001) View citations (40)
See also Journal Article in Journal of International Economics (2004)
- Measuring the Cost Effectiveness of an R&D Tax Credit for the UK
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (21)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001) View citations (19)
See also Journal Article in Fiscal Studies (2001)
- R&D and absorptive capacity: from theory to data
IFS Working Papers, Institute for Fiscal Studies View citations (4)
- The Economic Geography of Trade Production and Income: A Survey of Empirics
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (95)
Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001) View citations (60) CEP Discussion Papers, Centre for Economic Performance, LSE (2001) View citations (71)
2000
- Evolving patterns of international trade
LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (131)
Also in Economics Papers, Economics Group, Nuffield College, University of Oxford (1998) View citations (3)
See also Journal Article in Review of International Economics (2000)
- Mapping The Two Faces Of R&D: Productivity Growth In A Panel Of OECD Industries
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (100)
Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2000) View citations (97) IFS Working Papers, Institute for Fiscal Studies (2000) View citations (221) LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2000) View citations (83)
See also Journal Article in The Review of Economics and Statistics (2004)
- The Dynamics of International Specialisation
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (1)
Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (6)
- The location of European industry
European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (242)
1999
- Openness and its association with productivity growth in UK manufacturing industry
Bank of England working papers, Bank of England View citations (12)
- Productivity Growth, Convergence, and Trade in a Panel of Manufacturing Industries
CEP Discussion Papers, Centre for Economic Performance, LSE View citations (3)
1998
- Deconstructing Growth in UK Manufacturing
Working Papers, Centre for Economic Performance & Institute of Economics View citations (1)
Also in Bank of England working papers, Bank of England (1997) View citations (5)
- Persistence and Mobility in International Trade
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (23)
- Productivity convergence and international openness
Bank of England working papers, Bank of England View citations (28)
1997
- Dynamic Comparative Advantage and the Welfare Effects of Trade
Economics Papers, Economics Group, Nuffield College, University of Oxford View citations (4)
See also Journal Article in Oxford Economic Papers (1999)
- Is International Openness associated with faster economic growth?
Bank of England working papers, Bank of England View citations (9)
- Persistence and Mobility in International TradeName: James Proudman
Bank of England working papers, Bank of England View citations (1)
1995
- Is There a Penalty to being a Pioneer
Economics Papers, Economics Group, Nuffield College, University of Oxford
Journal Articles
2023
- Dynamic Spatial General Equilibrium
Econometrica, 2023, 91, (2), 385-424 View citations (1)
See also Working Paper (2021)
- Globalization and Pandemics
American Economic Review, 2023, 113, (4), 939-81 
See also Working Paper (2020)
- Quantitative Urban Models: From Theory to Data
Journal of Economic Perspectives, 2023, 37, (2), 75-98
2022
- JUE Insight: How much does COVID-19 increase with mobility? Evidence from New York and four other U.S. cities
Journal of Urban Economics, 2022, 127, (C) View citations (11)
- Suburbanization in the USA, 1970–2010
Economica, 2022, 89, (S1), S110-S136
- Trade, Structural Transformation, and Development: Evidence from Argentina 1869–1914
Journal of Political Economy, 2022, 130, (5), 1249 - 1318 View citations (18)
See also Working Paper (2014)
2020
- Measuring Aggregate Price Indices with Taste Shocks: Theory and Evidence for CES Preferences
The Quarterly Journal of Economics, 2020, 135, (1), 503-560 View citations (28)
See also Working Paper (2016)
- The Making of the Modern Metropolis: Evidence from London*
The Quarterly Journal of Economics, 2020, 135, (4), 2059-2133 View citations (71)
See also Working Paper (2020)
- Who's Paying for the US Tariffs? A Longer-Term Perspective
AEA Papers and Proceedings, 2020, 110, 541-46 View citations (10)
See also Working Paper (2020)
2019
- Aggregation and the Gravity Equation
AEA Papers and Proceedings, 2019, 109, 450-55 View citations (10)
See also Working Paper (2019)
- Task Specialization in U.S. Cities from 1880 to 2000
Journal of the European Economic Association, 2019, 17, (3), 754-798 View citations (26)
See also Working Paper (2019)
- The Impact of the 2018 Tariffs on Prices and Welfare
Journal of Economic Perspectives, 2019, 33, (4), 187-210 View citations (115)
2018
- Commuting, Migration, and Local Employment Elasticities
American Economic Review, 2018, 108, (12), 3855-90 View citations (142)
See also Working Paper (2017)
- Global Firms
Journal of Economic Literature, 2018, 56, (2), 565-619 View citations (63)
See also Working Paper (2016)
2017
- Quantitative Spatial Economics
Annual Review of Economics, 2017, 9, (1), 21-58 View citations (194)
See also Working Paper (2016)
- Trade and Inequality: From Theory to Estimation
Review of Economic Studies, 2017, 84, (1), 357-405 View citations (198)
See also Working Paper (2012)
2016
- Goods trade, factor mobility and welfare
Journal of International Economics, 2016, 101, (C), 148-167 View citations (176)
See also Working Paper (2012)
- Quantifying the Sources of Firm Heterogeneity
The Quarterly Journal of Economics, 2016, 131, (3), 1291-1364 View citations (209)
See also Working Paper (2014)
2015
- New Trade Models, New Welfare Implications
American Economic Review, 2015, 105, (3), 1105-46 View citations (225)
See also Working Paper (2013)
- The Economics of Density: Evidence From the Berlin Wall
Econometrica, 2015, 83, 2127-2189 View citations (331)
See also Working Paper (2015)
2014
- Missing Gains from Trade?
American Economic Review, 2014, 104, (5), 317-21 View citations (62)
See also Working Paper (2014)
2013
- Sources of Wage Inequality
American Economic Review, 2013, 103, (3), 214-19 View citations (48)
See also Working Paper (2013)
- Testing for Factor Price Equality with Unobserved Differences in Factor Quality or Productivity
American Economic Journal: Microeconomics, 2013, 5, (2), 135-63 View citations (34)
See also Working Paper (2013)
2012
- The Empirics of Firm Heterogeneity and International Trade
Annual Review of Economics, 2012, 4, (1), 283-313 View citations (378)
See also Working Paper (2012)
- Urbanization and Structural Transformation
The Quarterly Journal of Economics, 2012, 127, (2), 535-586 View citations (205)
See also Working Paper (2008)
2011
- History and Industry Location: Evidence from German Airports
The Review of Economics and Statistics, 2011, 93, (3), 814-831 View citations (161)
See also Working Paper (2007)
- Multiproduct Firms and Trade Liberalization
The Quarterly Journal of Economics, 2011, 126, (3), 1271-1318 View citations (469)
See also Working Paper (2009)
- The Development and Testing of Heckscher–Ohlin Trade Models. By ROBERT E. BALDWIN
Economica, 2011, 78, (312), 788-789
- Theories of Heterogeneous Firms and Trade
Annual Review of Economics, 2011, 3, (1), 77-105 View citations (147)
See also Working Paper (2010)
2010
- Inequality and Unemployment in a Global Economy
Econometrica, 2010, 78, (4), 1239-1283 View citations (734)
See also Working Paper (2010)
- Intrafirm Trade and Product Contractibility
American Economic Review, 2010, 100, (2), 444-48 View citations (62)
See also Working Paper (2013)
- Multiple-Product Firms and Product Switching
American Economic Review, 2010, 100, (1), 70-97 View citations (361)
See also Working Paper (2010)
- THE EMPIRICS OF NEW ECONOMIC GEOGRAPHY*
Journal of Regional Science, 2010, 50, (1), 297-311 View citations (92)
See also Working Paper (2009)
- Unequal Effects of Trade on Workers with Different Abilities
Journal of the European Economic Association, 2010, 8, (2-3), 421-433 View citations (31)
- Wholesalers and Retailers in US Trade
American Economic Review, 2010, 100, (2), 408-13 View citations (144)
See also Working Paper (2010)
2009
- Comment
NBER International Seminar on Macroeconomics, 2009, 5, (1), 238 - 240
- Editors' Preface
Scandinavian Journal of Economics, 2009, 111, (4), 625-627
- Products and Productivity
Scandinavian Journal of Economics, 2009, 111, (4), 681-709 View citations (30)
See also Working Paper (2008)
- TECHNOLOGICAL CATCH‐UP AND GEOGRAPHIC PROXIMITY*
Journal of Regional Science, 2009, 49, (4), 689-720 View citations (40)
- The Margins of US Trade
American Economic Review, 2009, 99, (2), 487-93 View citations (136)
See also Working Paper (2010)
2008
- Industrial Location in Developing Countries
The World Bank Research Observer, 2008, 23, (2), 219-246 View citations (40)
- Relative Wage Variation and Industry Location in the United Kingdom*
Oxford Bulletin of Economics and Statistics, 2008, 70, (4), 431-459 View citations (13)
- The Costs of Remoteness: Evidence from German Division and Reunification
American Economic Review, 2008, 98, (5), 1766-97 View citations (513)
See also Working Paper (2006)
- The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India
American Economic Review, 2008, 98, (4), 1397-1412 View citations (278)
See also Working Paper (2008)
- The Uneven Pace of Deindustrialisation in the OECD
The World Economy, 2008, 31, (9), 1154-1184 View citations (55)
2007
- Comparative Advantage and Heterogeneous Firms
Review of Economic Studies, 2007, 74, (1), 31-66 View citations (593)
See also Working Paper (2004)
- Firms in International Trade
Journal of Economic Perspectives, 2007, 21, (3), 105-130 View citations (1373)
See also Working Paper (2007)
- Measuring the Restrictiveness of International Trade Policy. By JAMES E. ANDERSON and J. PETER NEARY
Economica, 2007, 74, (296), 867-869
2006
- Factor Endowments and Production in European Regions
Review of World Economics (Weltwirtschaftliches Archiv), 2006, 142, (1), 1-32 View citations (4)
See also Working Paper (2003)
2005
- Entry Liberalization and Inequality in Industrial Performance
Journal of the European Economic Association, 2005, 3, (2-3), 291-302 View citations (122)
See also Working Paper (2005)
- In: Steven Brakman and Ben Heijdra, Editors, The Monopolistic Competition Revolution in Retrospect, Cambridge University Press, Cambridge, England (2004)
Journal of International Economics, 2005, 65, (2), 531-537
- Technological convergence, R&D, trade and productivity growth
European Economic Review, 2005, 49, (3), 775-807 View citations (160)
2004
- Economic geography and international inequality
Journal of International Economics, 2004, 62, (1), 53-82 View citations (941)
See also Working Paper (2001)
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Oxford Review of Economic Policy, 2004, 20, (3), 440-456 View citations (94)
See also Working Paper (2004)
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The Review of Economics and Statistics, 2004, 86, (4), 883-895 View citations (765)
See also Working Paper (2000)
2003
- Distance, skill deepening and development: will peripheral countries ever get rich?
Journal of Development Economics, 2003, 72, (2), 515-541 View citations (121)
See also Working Paper (2003)
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Scandinavian Journal of Economics, 2003, 105, (1), 99-118 View citations (202)
See also Working Paper (2003)
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Journal of the Japanese and International Economies, 2003, 17, (4), 404-431 View citations (48)
2002
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Revue Économique, 2002, 53, (3), 469-481 View citations (29)
Also in Revue économique, 2002, 53, (3), 469-481 (2002) View citations (27)
- Path Dependence, Endogenous Innovation, and Growth
International Economic Review, 2002, 43, (4), 1215-1248 View citations (27)
See also Working Paper (2002)
- Specialization dynamics
Journal of International Economics, 2002, 58, (2), 299-334 View citations (82)
See also Working Paper (2002)
- The Economics of Isolation and Distance
Nordic Journal of Political Economy, 2002, 28, 93-108 View citations (10)
2001
- Measuring the cost-effectiveness of an R&D tax credit for the UK
Fiscal Studies, 2001, 22, (3), 375-399 View citations (19)
See also Working Paper (2001)
2000
- Evolving Patterns of International Trade
Review of International Economics, 2000, 8, (3), 373-396 View citations (118)
See also Working Paper (2000)
1999
- Dynamic Comparative Advantage and the Welfare Effects of Trade
Oxford Economic Papers, 1999, 51, (1), 15-39 View citations (119)
See also Working Paper (1997)
1996
- The Low-Skill, Low-Quality Trap: Strategic Complementarities between Human Capital and R&D
Economic Journal, 1996, 106, (435), 458-70 View citations (198)
Books
2019
- Trade and Labor Markets
NBER Books, National Bureau of Economic Research, Inc View citations (1)
Chapters
2020
- Comment on "Transportation Infrastructure in the US"
A chapter in Economic Analysis and Infrastructure Investment, 2020, pp 210-217
2018
- Comment on "Multinational Profit Shifting and Measures throughout Economic Accounts"
A chapter in Challenges of Globalization in the Measurement of National Accounts, 2018, pp 205-208
2015
- Transportation Costs and the Spatial Organization of Economic Activity
Elsevier View citations (244)
See also Working Paper (2014)
2014
- Heterogeneous Firms and Trade
Elsevier View citations (270)
See also Working Paper (2013)
2013
- Economic Geography: A Review of the Theoretical and Empirical Literature
Palgrave Macmillan View citations (12)
See also Working Paper (2009)
2009
- Comment on "Exchange Rate Regimes and the Extensive Margin of Trade"
A chapter in NBER International Seminar on Macroeconomics 2008, 2009, pp 238-240
2004
- Geography and Export Performance: External Market Access and Internal Supply Capacity
A chapter in Challenges to Globalization: Analyzing the Economics, 2004, pp 95-127 View citations (24)
See also Working Paper (2003)
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