We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is … inhabitated by two ethnic groups. Inter-ethnic trade requires imperfectly observed bilateral investments and one group has to form … beliefs on the average propensity to trade of the other group. Since confict disrupts trade, the onset of a conflict signals …

We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure …, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. We are interested … in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. We depart from …

negatively by trade, while the Gini statistic is fueled by the falling labour share and increasing financial payments. Using …

for adverse effects of regulatory heterogeneity on intra-EU trade in the pre-harmonization period, which questions the …

of trade flows in environmental goods (EG) on total CO2 and SO2 emissions. Our system-GMM estimations reveal positive … recurrently found to face increased pollution (in particular CO2 emissions) due to direct scale-composition effects of trade in …-induced effects. We show that the direct, indirect and total effects of trade in EGs depend on the country’s net trade status, the EGs …

the causal connection between lack of exposure to commercial trade and proclivity to sudden stops. On the theoretical … front, the paper shows how exposure to trade raises the creditworthiness of countries and reduces the probability of sudden … trade increases the likelihood of default. A sudden stop takes place when the borrowers reject the amount that lenders want …