tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a) productivity gains via exports … that the incentive to manipulate the terms of trade strategically vanishes, (c) the welfare gain that can be achieved via a … trade-induced productivity gains into account. The USA are the only model region that gains from European optimal tariff …

We hypothesize that North-South trade is associated with knowledge spillovers that create labor productivity gains … the South-North gap in labor intensities within a couple of decades if it were solely achieved through the trade channel. …

merchandise trade. …

to the military attack on Ukraine. These sanctions include various restrictive measures on trade with Russia. In this … brief, we examine the potential short-term effects of trade sanctions on Russian production with an input-output framework …. We find that the trade sanctions can have substantial negative effects on Russian production when Russia is unable to …

This brief examines the development of Russia's trade flows in the March-June period following Russia's invasion of … Ukraine. Russia ceased publication of foreign trade statistics after the war broke out, so we utilize the trade statistics of …. Russian industrial output reflects a shift in foreign trade. High-tech industries reliant on imported inputs contracted, while …

economies. Countries imposing sanctions on Russia accounted for half of Russia's foreign trade and over half of foreign … financial flows before the war. We analyse the development of Russia's trade and financial relations in recent months and find … that Russia's success in reorienting its trade and investment flows has been mixed. …