Banu Demir - Research

Working Papers/Work in Progress

"From Infrastructure to Development: The Trade Channel", Prepared for the Oxford Research Encyclopedia of Economics and Finance

"Credit and Exports: Lessons from Micro-Level Data", joint with Veronica Rappoport. Prepared for the Annual Review of Economics

"Trading around Geopolitics", joint with Giancarlo Corsetti and Beata Javorcik [CEPR DP No. 20625] [CESifo WP No. 12021] [Oxford University Department of Economics Discussion Paper] [VoxTalks podcast] Revisions requested by Journal of International Economics (to appear in the special issue "Global Shocks, Macroeconomic Spillovers and Geopolitical Risks: Policy Challenge")

"Plastic Turkey: International Impacts of China's Waste Import Ban", joint with Deniz Atalar and Swati Dhingra

"Breaking Invisible Barriers: Does Fast Internet Improve Access to Input Markets", joint with Beata Javorcik and Piyush Panigrahi [CEPR DP No. 19827] [CESifo WP No. 11567]

"Manufacturing-led Services Growth and Structural Change", joint with Besart Avdiu, Umut Kilinc, Tomasz Michalski, and Gaurav Nayyar

Published/Forthcoming/Accepted

"O-Ring Production Networks", with Cecilia Fieler, Daniel Xu, and Kelly Yang, 2024, Journal of Political Economy, 132 (1), 200-247 [Pre-publication version] [CEPR DP No. 15741] [NBER WP No. 28433] [CSAE Podcast]

“Financial Constraints and Propagation of Shocks in Production Networks”, joint with Beata Javorcik, Tomasz Michalski and Evren Ors, 2024, Review of Economics and Statistics, 106 (2) [Online Appendix] [Pre-publication version] [CEPR DP No. 15316] [CESifo WP No. 8607] [VoxEU Article]

“Road Capacity, Domestic Trade and Regional Outcomes”, joint with Kerem Cosar, Devaki Ghose and Nathaniel Young, 2022, Journal of Economic Geography, 22(5), 901-929. [Pre-publication version] [CEPR DP No. 16512] [CESifo WP No. 9310] [NBER WP No. 29228] [WB Policy Research WP No. 9772] [WB Blog] [VoxEU Article]

“Trade Policy Changes, Tax Evasion and Benford's Law”, joint with Beata Javorcik, 2020, Journal of Development Economics, 144 [Previously circulated under the title "Forensics, Elasticities and Benford's Law" [Pre-publication version] CEPR DP No.12798] [CESifo WP No. 7266] [VoxEU Article] [ERF Forum Article]

“Shipping inside the Box: Containerization and Trade”, joint with Kerem Coşar, 2018, Journal of International Economics, 114, 331-345 [Pre-publication version] [CEPR DP No. DP11750] [CESifo WP No. 6311] [VoxEU Article]

“Don't Throw in the Towel, Throw in Trade Credit”, joint with Beata Javorcik, 2018, Journal of International Economics, 111, 177-189 [Pre-publication version] [CEPR DP No.10142] [Slides] [VoxEU Article]

“Risk-Based Capital Requirements for Banks and International Trade”, joint with Tomasz Michalski and Evren Ors, 2017, Review of Financial Studies, 30(11), 3970–4002. [Pre-publication version] [Online appendix] [CEPR DP No.11565] [VoxEU Article]

“Domestic Road Infrastructure and International Trade: Evidence from Turkey”, joint with Kerem Coşar, 2016, Journal of Development Economics, 118, 232-244. [Pre-publication version] [ERF Forum Article]

Papers on the Economics of Covid-19

“International Trade and Letters of Credit: A double-edged sword in times of crises", joint with Matthieu Crozet and Beata Javorcik, 2022, IMF Economic Review, (70), 185-211 [Pre-publication version] [CEPR DP No. 16630] [EBRD WP No. 258] [VoxEU Article] [UNIDO IAP Article] This paper subsumes our previously circulated work, titled "Does Trade Insurance Matter?" [LC-Int by product]

“Trade finance matters: evidence from the COVID-19 crisis”, joint with Beata Javorcik, 2020, Oxford Review of Economic Policy, 36, 397-408

Book Chapters and Policy-related Articles

“Digital Infrastucture and Firms' Performance”, joint with Cevat Giray Aksoy, Jonas Hjort, Beata Javorcik, Han Wang, and Nathaniel Young, In EBRD Transition Report 2021-22, November 2021

"Trade and Developing-Country Exporters: The Case of Central and Latin America, and Caribbean Countries", (2020), In The Handbook of Global Trade Policy, edited by Andreas Klasen, Wiley-Blackwell.

“Infrastructure and Growth ”, joint with Alex Chirmiciu, Flavia Cifarelli, Kerem Cosar and Nathaniel Young, In EBRD Transition Report 2017-18, November 2017

“Global Standards on Government-backed Trade Finance: Challenges for Developing Countries and Role of Multilateral Development Banks”, (2015), In The Future of Foreign Trade Support—Setting Global Standards for Export Credit and Political Risk Insurance, edited by Andreas Klasen and Fiona Bannert, Wiley-Blackwell.

“Trade Financing: Challenges for Developing-country Exporters ”, (2014), CESifo Forum, 15 (3), 34-38

Dormant Papers

“Trading Intermediates and Quality”, Oxford University, Department of Economics Discussion Paper No. 582

Pre-DPhil Publications

“Announcements and Credibility under Inflation Targeting”, joint with Taner Yigit, (2008), Economics Letters, 100 (2), 249-53.