Intermediated Trade

Pol Antràs, Arnaud Costinot

NBER Working Paper No. 15750
Issued in February 2010

---- Acknowledgements -----

We are grateful to Daron Acemoglu, Federico Díez, Dave Donaldson, Gene Grossman, Elhanan Helpman, Jim Rauch, and Jonathan Vogel for very useful conversations, and to seminar participants at Toronto, Nottingham, Boston Fed, MIT, Paris School of Economics, Zurich, Autònoma-Barcelona and ITAM for useful comments. Frank Schilbach provided excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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