recessions tend to lead to falling trade and protectionism. I investigate this, using a model where an important component of … trade is search by rms trying out new trade part- ners. To model this, I set up a schematic model of upstream … together, to avoid trade costs. As trade is liberalised, new North-South matches begin to develop, but at rst these are …

on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …

recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply …

This note explores the value of search capital in interfirm matches in the outsourcing trade, by extending Rauch and … search imposes a similar order of magnitude trade barrier to most tariffs, and would be expected to affect both the intensive … and extensive margins of trade. …

. The trade-off between these two factors is assumed to determine the dynamics of foreign direct investment in this kind of …

I investigate the imposition of a horizontal technical barrier to trade (HTBT) in a symmetric, cross-hauling duopoly …

We examine the R&D and export decisions of two ex ante symmetric firms in symmetric countries, with both unit trade … costs and fixed entry costs to the export market. When both trade costs are low, there will be a symmetric, cross …-hauling duopoly, but if fixed costs are fairly high, unit trade costs are low and R&D is relatively cheap, there will be an asymmetric …