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A deranged publisher decided to produce a volume of some of my papers and asked me to write some comments. Since these amount to a summary of my views about international trade theory over the latest forty years or so, I'm giving the comments a separate alternative existence as a discussion paper
Persistent link: https://www.econbiz.de/10013075724
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which countries trade homogeneous products in world markets and...
Persistent link: https://www.econbiz.de/10012602338
We consider an international cartel whose members interact repeatedly in their own as well as in third-country segmented markets. Cartel discipline-an inverse measure of the degree of competition between firms-is endogenously determined by the cartel’s incentive compatibility constraint (ICC),...
Persistent link: https://www.econbiz.de/10012287796
Trade and investment can be effective means of implementation of the 2030 Sustainable Development Agenda. However, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side-effects on non-economic facets of sustainable development. As...
Persistent link: https://www.econbiz.de/10011773529
We examine the empirical evidence bearing on whether UK trade is governed by a Classical model or by a Gravity model, using annual data from 1965 to 2015 and the method of Indirect Inference which has very large power in this application. The Gravity model here differs from the Classical model...
Persistent link: https://www.econbiz.de/10011758969
This study estimates the effect of trade facilitation measures implementation on trade costs in Asia and the Pacific using data from the United Nations Global Survey on Trade Facilitation and Paperless Trade Implementation. Impact of different sets of measures are considered, from a basic set of...
Persistent link: https://www.econbiz.de/10011786720
We investigate the interplay, in international trade, between comparative advantage and increasing returns to scale that are external to the firm. We focus especially on "advantage reversals," where the country with a comparative-cost disadvantage in producing a good nevertheless is able to...
Persistent link: https://www.econbiz.de/10014220013
this loss in the existence value outweighs the direct benefits from consumption. -- Trade theory ; Globalization ; Variety … that global variety decreases from increased competition wherein imported varieties drive out some local varieties. This … which models this concern in two ways: a portion of a consumer’s income is spent overseas (i.e. tourism) and an existence …
Persistent link: https://www.econbiz.de/10009728950
Persistent link: https://www.econbiz.de/10013068347
The aim of the research presented in this paper is to assess the competitive potential of Polish agriculture (potential competitiveness) and the competitive position of the Polish agri-food sector on the Single European Market (SEM) with reference to the global context. The conducted research...
Persistent link: https://www.econbiz.de/10013234992