ln(1+x)≈ln(x). Note that the total number of stores is included in the capital stock K and that the specification …

in US imports of finished motor gasoline during September and October 2005 relative to the same months during 2004 … + P t (1) in which Price is the real average F.O.B. price for US crude oil imports (2000 US$). Days is days of … in refinery utilization rates reduces the average price of crude oil by changing the composition of crude oil imports in …

amounts of 3 rice, but where restrictions were progressively placed on imports in order to help local producers, with … imports of rice actually banned after 2004. Using a general equilibrium model, Warr (2005) find that the ban on rice imports … that the liberalization of rice exports probably led to a reduction in poverty despite an increase in the price of rice in …

throughout that r⁄ > r. Ft = St +Lt (1) Short term ows represent a share x of total capital ows, such that St = xFt (2) where x … return on capital ows, w, is given by w = (1+r)Ft +(r⁄ ¡r)xFt (4) and the variance by 2w = F2t £(1¡x)2 2r +x2 2r⁄ +2x(1¡x …’s, we obtain x = (r ⁄ ¡r)+'( 2r ¡ rr⁄) ' (6) where = ( 2r + 2r⁄ ¡2 rr⁄), and ' represents the coe–cient of risk aversion …

throughout that r⁄ > r. Ft = St +Lt (1) Short term ows represent a share x of total capital ows, such that St = xFt (2) where x … return on capital ows, w, is given by w = (1+r)Ft +(r⁄ ¡r)xFt (4) and the variance by 2w = F2t £(1¡x)2 2r +x2 2r⁄ +2x(1¡x …’s, we obtain x = (r ⁄ ¡r)+'( 2r ¡ rr⁄) ' (6) where = ( 2r + 2r⁄ ¡2 rr⁄), and ' represents the coe–cient of risk aversion …

−=− . (4.5) This equality shows that the donor exports investment goods in two cases: i) when it has a higher savings rate … instead exports the consumption good. This equality, together with the corresponding implication for the recipient, asserts … savings rates determines whether or not the donor exports the investment good and also whether the transfer has increased or …

−=− . (4.5) This equality shows that the donor exports investment goods in two cases: i) when it has a higher savings rate … instead exports the consumption good. This equality, together with the corresponding implication for the recipient, asserts … savings rates determines whether or not the donor exports the investment good and also whether the transfer has increased or …

8 In a related study, Acemoglu (2003, section 5.3) presents an international trade analysis endogenizing skill …

level of international trade that further fostered technological progress. At the same time, the rate of technological … complementary to my attempt to identify the direct economic forces that were generated by international trade and their …