Entrepôt: Hubs, Scale, and Trade Costs
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We study the global trade network and quantify its trade and welfare impact. We document that the trade network is a hub-and-spoke system where 80% of trade is shipped indirectly, nearly all via entreptsmajor hubs that facilitate trade between many origins and destinations. We estimate indirect
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美国国家经济研究局创建时间：
2021-07-01
