information contributed to the breakdown in trade of asset-backed securities during the recent financial crisis, and to evaluate …

Open regionalism and trade cooperation between the world’s two largest developing countries, the People’s Republic … of China (PRC) and India, can foster outward-oriented development and intra-regional trade based on comparative advantage … and available factor endowments. In view of the recent wave of worldwide subregional and bilateral trade cooperation, and …

importance of one key set of policies, the trade policy reforms in Korea, as well as the concurrent GATT tariff reductions. They … develop a model of neoclassical growth and trade that highlights two forces by which lower trade barriers can lead to …

firing restrictions. We explore the extent to which international trade alters this result. When economies trade, labor … market policies in one country spill over to other countries through a change in the terms of trade. This reduces the …

then used to estimate the effect of reducing tariffs on welfare, trade, and export participation. The authors find sizeable … gains to moving to free trade. Contrary to the view that the gains to lowering tariffs are larger in models with export … to trade reform in models with fixed costs and overstate the welfare gains in models without fixed costs. With fixed …

A large body of empirical research finds that a pair of regions within a country tends to trade 10 to 20 times as much … as an otherwise identical pair of regions across countries. In the context of the standard trade models, the large … Ricardian model of intra-national and international trade, and shows how endogenous vertical specialization magnifies the …

track all changes in the trade structure and competitiveness over time. The long-term trend of the indicators suggests that … the Austrian foreign trade sector was able to maintain its market share in the global environment. While the Austrian … foreign trade performance only slightly deviates from the pattern of the traditional industrialised countries, a strong …