The establishment of the currently negotiated Free Trade Agreement (FTA) between EU and Ukraine is the next significant … developing countries face some costs associated with trade liberalization, this paper contributes to the literature by analyzing … trade liberalization, as the results vary significantly across the scenarios. In general, we find that tariff elimination …

This paper quantitatively tests the “new trade theory” based on product differentiation, increasing returns, and … trade directions and volumes. In addition, we generalize the model to allow changes in relative prices to have large effects … the increased concentration of trade among industrialized countries, it is not capable of explaining the enormous increase …

there is an intense trade relationship between two countries and when the variance of the real exchange rate between them is …/EU bilateral trade partners is unusually weak. …

repays its debt, its trade balance will reverse, but goods-sector employment will continue to fall. A sudden stop in foreign … lending in 2015–2016 would cause a sharp trade balance reversal and painful reallocation across sectors, but would not affect …

This paper develops a methodology for predicting the impact of trade liberalization on exports by industry (3-digit … Ruhl (2013) that much of the growth in trade after trade liberalization is in products that are traded very little or not … growth. Using our methodology, we develop predictions for industry-level changes in trade for the United States and Korea …

I develop a novel view of the trade frictions between rich and poor countries by arguing that to reconcile bilateral … trade volumes and price data within a standard gravity model, the trade frictions between rich and poor countries must be … these asymmetries and demonstrate the merits of my approach relative to alternatives in the trade literature. I then argue …

trade and FDI are found to have significant impact on the upsurge of labour productivity growth in BRICS, where the …

of trade and financial openness. Using a large crosssection of 91 countries covering the period 1985-2004, we establish … two main empirical regularities. Both higher trade and financial openness i) reduce central bank?s inflation bias …

This paper makes two contributions to the literature on the impact of trade on income. First, we use heterogeneous … trade on income for 81 developed and developing countries, both for the sample as a whole and for each individual country …. Second, we use a general-to-specific variable selection approach to identify important determinants of the effect of trade on …

In the trade-technology-wage debate, the effects of the various forms of technical progress on relative factor prices …, which allows for any discrete number of sectors and countries integrated via trade flows. Technologies are country- and …