Piperakis, Andromachi S.; Hine, Robert C.; Wright, Peter W. - In: Review of International Economics 11 (2003) 3, pp. 483-494
The paper explores the effects of economic integration on trade, wages, and welfare when market sizes differ. A duopoly model with two-way intraindustry trade in similar products and with unionized labor markets is employed. It is confirmed that, for a wide range of different relative market...