This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are … during 1965-89. Favorable terms-of-trade shocks increase investment and (especially government) consumption, but reduce …, but Dutch Disease effects are strikingly absent. Investment, consumption, and nontradable output respond more to a terms-of-trade …

While theoretical models suggest that trade is likely to increase productivity and income levels, the empirical … evidence is rather mixed. For some countries, trade has a strong impact on growth, whereas for other countries there is no or … even a negative linkage. We examine one likely prerequisite for a welfare increasing impact of trade, that is, the role of …

unfair comparative advantage in trade by using child labour. The results indicate that multinationals are highly sensitive …

The paper empirically explores the international linkages between gender inequality and trade flows of a sample of 92 …

gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and …