• 2022
  • ​Foundation of the Small Open Economy Model with Product Differentiation, NBER Working Paper no. 30223,  2022, joint with Lorenzo Caliendo.
  • Using the Retail Distribution of Sellers to Impute Expenditures Shares, NBER Working Paper no. 28902,  June 2021, joint with Alexis Antoniades and Mingzhi (Jimmy) Xu. American Economic Review, July, 2022, vol.112 (No.7) pp. 2213-2236.
  • Product Variety, the Cost of Living and Welfare Across Countries, NBER Working Paper no. 28711,  April 2021, joint with Alberto Cavallo, and Robert Inklaar, ” forthcoming 2022, American Economic Journal: Macroeconomics.

• 2021​
  • China’s Import Demand for Agricultural Products: The Impact of the Phase One Trade Agreement,  Review of International Economics, joint with Chang Hong. NBER Working Paper no. 27383, June 2020. With replication data files and appendix.
  • A Second-best Argument for Low Optimal Tariffs, NBER Working Paper no. 28380,  January 2021, joint with Lorenzo Caliendo, John Romalis and Alan M. Taylor.

 

• 2020
  • ​Large Firms in Retail Markets: Multiple Products for Heterogeneous Consumers,  September 2020, joint with Luca Macedoni and Mingzhi (Jimmy) Xu. NBER Working Paper No. 29646.
  • How Did China’s WTO Entry Benefit U.S. Consumers?, Journal of International Economics, 126, September, 2020, joint with Mary Amiti, Mi Dai, and John Romalis. NBER Working Paper No. 23487.

 

• 2019
  • Estimating the Benefits of New Products, joint with Erwin Diewert, NBER working paper no. 25991,  June 2019. Forthcoming in K. Abraham, R. Jarmin, B. Moyer, and M. Shapiro, eds., Big Data for 21st Century Economic Statistics, Univ. of Chicago Press.
  • What is the Price of Tea in China? Towards the Relative Cost of Living in Chinese and U.S. Cities ,  The Economic Journal, 130(632), November 2020, 2438–2467, joint with Mingzhi (Jimmy) Xu and Alexis Antoniades. NBER Working Paper No. 23161, With Appendix.​

• 2018
  • Using Online Prices for Measuring Real Consumption across Countries, joint with Alberto Cavallo, W. Erwin Diewert, Robert Inklaar, and Marcel P. Timmer, Published version in the American Economic Association Papers and Proceedings, 108, May 2018, 483-487.
  • Restoring the Product Variety and Pro-competitive Gains from Trade with Heterogeneous Firms and Bounded Productivity. NBER Working Paper No. 19833 , January 2014. Published version in the Journal of International Economics, Jan 2018.
  • In Search of the Armington Elasticity, joint with Philip Luck, Maurice Obstfeld and Katheryn N. Russ. NBER Working Paper No. 20063, April 2014. Published version in the Review of Economics and Statistics, March 2018.
  • Alternative Sources of the Gains from International Trade: Variety, Creative Destruction, and Markups. Published version in the Journal of Economic Perspectives, Spring 2018.
  • The “China Shock”, Exports and U.S. Employment: A Global Input-Output Analysis, joint with Akira Sasahara, NBER Working Paper No. 24022, Published version in the Review of International Economics, 2018, 26 (5), 1053-1083.

• 2017
  • ​US Exports and Employment, Journal of International Economic, 120, September 2019, 46-58, joint with Hong Ma and Yuan Xu, NBER Working Paper No. 24056, November 2017. With replication package.​
  • Globalization, Competition, and U.S. Welfare, joint with David Weinstein. NBER Working Paper No. 15749 . With replication package. Published version in the Journal of Political Economy, 2017, 125(4), 1041-1074.
  • Statistics to Measure Offshoring and its Impact . NBER Working Paper No. 23067, Jan 2017.

• 2016
  • Gains from Trade Under Monopolistic Competition , Pacific Economic Review, February, 2016, vol.21(No.1) pp. 35-44.

• 2015​
  • The Next Generation of the Penn World Table, April 2015, joint with Robert Inklaar and Marcel Timmer. With Appendix. Published version in American Economic Review, October, 2015, vol.105(No.10) pp. 3150-3182.
  • Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades, joint with Lorenzo Caliendo, John Romalis and Alan M. Taylor. NBER Working Paper No. 21768, December 2015.

• ​​2014​
  • International Prices and Endogenous Quality, August 2013, joint with John Romalis. Revised version of NBER Working Paper No. 18314 , August 2012. With Data and Appendix. Published version in The Quarterly Journal of Economics, May 1, 2014, vol.129(No.2) pp. 477-527.

• 2013
  • Effects of Terms of Trade Gains and Tariff Changes on the Measurement of U.S. Productivity Growth, joint with Marshall B. Reinsdorf and Matthew J. Slaughter. NBER Working Paper No. 15592, December 2009. Published version in the American Economic Journal: Economic Policy, February 2013, Vol5(No1) pp. 59-93.
  • The Next Generation of the Penn World Table, joint with Robert Inklaar and Marcel Timmer. NBER Working Paper No. 19255, July 2013.
  • Contractual Versus Non-Contractual Trade: The Role of Institutions in China, with Chang Hong, Hong Ma, and Barbara J. Spencer. NBER Working Paper No. 17728, January 2012. Published version in the Journal of Economic Behavior and Organization, October 2013, pp. 281-294.
  • Trade Facilitation and the Extensive Margin of Exports, joint with Hong Ma, forthcoming, The Japanese Economic Review, December 2013.
  • Who Shrunk China? Puzzles in the Measurement of Real GDP, joint with Hong Ma, Peter Neary and D.S. Prasada Rao. NBER Working Paper No. 17729, January 2012. Published version in The Economic Journal, December 2013, pp. 1100-1129.

• ​2011
  • Exports and Credit Constraints under Incomplete Information: Theory and Evidence from China, with Zhiyuan Li and Miaojie Yu. NBER Working Paper No. 16940, April 2011. Published version in The Review of Economics and Statistics, forthcoming.
  • Volatility Due to Offshoring: Theory and Evidence, joint with Paul R. Bergin and Gordon H. Hanson. Published version in the Journal of International Economics, November 2011.

• 2010
  • Measuring the Gains from Trade under Monopolistic Competition. NBER Working Paper no. 15593, December 2009. Published version in the Canadian Journal of Economics, February 2010, 1-28.
  • Globalization, Competition, and the U.S. Price Level, with David Weinstein. NBER Working Paper no. 15749, February 2010.

• 2009
  • Paul R. Krugman, Recipient of the 2008 Nobel Prize in Economics, 2008. Published version in the Challenge: The Magazine of Economic Affairs, January 2009.
  • Pass-through of Exchange Rates and Competition Between Floaters and Fixers, February 2009, with Paul R. Bergin. Published version in the Journal of Money, Credit and Banking, February 2009, 41(s1), 35-70. Revised version of NBER working paper no. 13620, November 2007.
  • Consistent Comparisons of Real Incomes across Time and Space, joint with Hong Ma and D.S. Prasada Rao. Published version in the Macroeconomic Dynamics,  September 2009, 13(S2), 169-193.

• 2008
  • Export Variety and Country Productivity: Estimating the Monopolistic Competition Model with Endogenous Productivity, Journal of International Economics, March 2008, 500-518, with Hiau Looi Kee. With Appendix.
  • Outsourcing and Volatility, with Paul R. Bergin and Gordon H. Hanson, April 2008. Revised version of NBER Working Paper no 13144, June 2007.
  • Offshoring in the Global Economy, Ohlin Lectures, presented at the Stockholm School of Economics, September 2008.
  • Buyer Investment, Export Variety and Intrafirm Trade, November 2008, with Yongmin Chen. Published version in the European Economic Review, November 2008, 52(8), 1313-1337 . Revised version of NBER working paper no. 11752, November 2005.

• 2007
  • Globalization and its Impact on Labor, February 2007, presented as the Global Economy Lecture, Vienna Institute for International Economics Studies
  • China’s Exports and Employment, with Chang Hong, NBER working paper no. 13552, October 2007.
  • Optimal Choice of Product Scope for Multiproduct Firms, with Hong Ma, NBER working paper no. 13703, December 2007. Forthcoming in E. Helpman, D. Marin and T. Verdier, eds., The Organization of Firms in a Global Economy, Harvard University Press.

• 2006
  • New Evidence on the Gains from Trade, Review of World Economics / Weltwirtschaftliches Archiv, December 2006.

• 2005
  • Buyer Investment, Product Variety, and Intrafirm Trade, with Yongmin Chen, NBER working paper no. 11752, November 2005.
  • Estimating Real Production and Expenditures Across Countries: A Proposal for Improving Existing Practise , with Alan Heston, Marcel Timmer and Haiyan Deng, July 2005. Forthcoming, Review of Economics and Statistics. With Appendix and Data.

• 2004
  • Intermediaries in Entrepôt Trade: Hong Kong Re-Exports of Chinese Goods, Journal of Economics & Management Strategy, 13(1), Spring 2004, 3-35, with Gordon H. Hanson (with Appendix).

• 2003
  • Technology in the Great Divergence, November 2001, with Gregory Clark. NBER working paper no. 8596. Published version in the Michael D. Bordo, Alan M. Taylor, and Jeffrey G. Williamson, eds, Globalization in Historical Perspective, Univ. of Chicago and NBER, January 2003, 277-314.
  • High Frequency Substitution and the Measurement of Price Indexes, August 2001, with Matthew D. Shapiro. Published in Robert Feenstra and Matthew Shapiro, eds., Scanner Data and Price Indexes, Univ. of Chicago and NBER, 2003, 123-146.
  • A Homothetic Utility Function for Monopolistic Competition Models, Without Constant Price Elasticity, Economic Letters, 78, 2003, 79-86.
  • A Market-Power Based Model of Business Groups, August 2002, with Deng-Shing Huang and Gary G. Hamilton. Published version in the Journal of Economic Behavior and Organization, 51, August 2003, 459-485. With Mathematical Appendix.
  • Ownership and Control in Outsourcing to China: Estimating the Property- Rights Theory of the Firm, with Gordon H. Hanson. NBER working paper no. 10198, December 2003.
  • Should Exact Index Numbers have Standard Errors? Theory and Application to Asian Growth, with Marshall Reinsdorf. NBER working paper no. 10197, December 2003. Includes a Mathematical Appendix.

• 2002
  • Global Production Sharing and Rising Inequality: A Survey of Trade and Wages, June 2001, with Gordon Hanson. Forthcoming in Kwan Choi and James Harrigan, eds., Handbook of International Trade, Basil Blackwell.
  • Chaeboland Catastrophe: A New View of Business Groups and Their Role in the Korean Financial Crisis, Asian Economic Papers, 1(2), 2002, 1-45, with Gary G. Hamilton and Eun Mie Lim.
  • Trade and Foreign Direct Investment in China: A Political Economy Approach, March 1999, with Lee Branstetter. Published in Journal of International Economics, 58, 2002, 335-358.

• 2001
  • Revised as: Using the Gravity Equation to Differentiate Among Alternative Theories of Trade, August 1999, with James A. Markusen and Andrew K. Rose. Published in Canadian Journal of Economics, 34(2), May 2001, 430-447.
  • Pricing to Market, Staggered Prices and Real Exchange Rate Persistence, March 1999, with Paul Bergin. NBER working paper no. 7026. Published version in the Journal of International Economics, 54(2), August 2001, 333-359.

• 2000
  • An Exact Price Index for the Almost Ideal Demand System, May 1999, with Marshall Reinsdorf. Published in Economics Letters, 66(2), February 2000, 159-162.
  • Imputation and Price Indexes: Theory and Evidence from the International Price Program, June 2000, with Erwin Diewert
  • Staggered Price Setting, translog preferences, and Endogenous Persistence, February 1998, with Paul R. Bergin. NBER Working Paper No. 6492. Published version in the Journal of Monetary Economics, 45, June 2000, 657-680.
  • Putting Things in Order: Patterns of Trade Dynamics and Growth, April 1997, with Andrew K. Rose. Published in Review of Economics and Statistics, 82(3), August 2000, 369-382.
  • Offshore Assembly from the United States: Production Characteristics of the 9802 Program, May 1998, with Gordon H. Hanson and Deborah L. Swenson. Published in R. Feenstra, Editor. The Impact of International Trade on Wages. NBER and University of Chicago Press, 2000, 85-122.

• 1999
  • The U.S.-China Bilateral Trade Balance: Its Size and Determinants, May 1998, with Wen Hai, Wing T. Woo and Shunli Yao. Short version published in American Economic Review, May 1999, 338-343.
  • Facts and Fallacies about Foreign Direct Investment, February 1998. Published in Martin Feldstein, ed. International Capital Flows, University of Chicago Press and NBER, 1999, 331-350.
  • Testing Endogenous Growth in South Korea and Taiwan, Revised August 1998, with Dorsati Madani, Tzu-Han Yang and Chi-Yuan Liang. Published in Journal of Development Economics, 60, 1999, 317-341.
  • The Impact of Outsourcing and High-Technology Capital on Wages: Estimates for the U.S., 1972-1990, Revised September 1998, with Gordon H. Hanson. Published in Quarterly Journal of Economics, August 1999, 114(3), 907-940

• 1998
  • One Country, Two Systems: Implications of WTO Entry for China, June 1998.
  • Understanding the Home Market Effect and the Gravity Equation: The Role of Differentiating Goods, October 1998, with James A. Markusen and Andrew K. Rose.
  • Integration of Trade and Disintegration of Production in the Global Economy, April 1998. Published in Journal of Economic Perspectives, Fall 1998, 31-50.

• 1994
  • New Product Varieties and the Measurement of International Prices, American Economic Review, 84(1), March 1994, 157-177, with Appendix.

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